Prospect, Pennsylvania Demographics & Population 2026
During the 2020–2024 ACS period, Prospect, Pennsylvania had a total population of 1,157, the 920th largest borough in Pennsylvania, with a median household income of $88,250, which is 13% higher than the state average. The poverty rate is 5.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
Prospect Quick Facts
How Prospect Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,104 | 1,157 | +4.8% |
| Median household income | $81,042 | $88,250 | +8.9% |
| Median home value | $170,600 | $171,300 | +0.4% |
How Prospect Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
Prospect Rankings in Pennsylvania
Explore Pennsylvania Rankings
Other Cities in Butler County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Butler | 13,212 | $44,247 | 21.4% | $108,100 |
| Homeacre-Lyndora | 6,783 | $74,217 | 11.0% | $202,800 |
| Shanor-Northvue | 5,125 | $95,379 | 4.9% | $259,900 |
| Meridian | 3,837 | $79,191 | 3.3% | $244,000 |
| Zelienople | 3,827 | $68,110 | 6.3% | $294,200 |
| Slippery Rock | 3,495 | $52,262 | 33.8% | $255,400 |
| Seven Fields | 2,884 | $114,000 | 0.6% | $409,700 |
| Slippery Rock University | 2,853 | N/A | 100.0% | N/A |
| Meadowood | 2,644 | $68,750 | 5.9% | $189,700 |
| Oak Hills | 2,513 | $90,926 | 6.5% | $285,800 |
Cities Similar to Prospect
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Oley | 1,153 | $88,837 | $309,300 | 39.4% | 11.0% |
| Mount Wolf | 1,108 | $88,177 | $211,500 | 18.8% | 9.2% |
| Russell | 1,215 | $90,250 | $191,900 | 34.7% | 4.3% |
| Colony Park | 1,175 | $80,333 | $358,300 | 55.6% | 0.0% |
| Wallenpaupack Lake Estates | 1,232 | $86,917 | $242,300 | 31.8% | 4.7% |
Population Overview
Prospect is a small community located in Pennsylvania, within Butler County. The total population is 1,157. It ranks as the 920th most populous out of 1,991 Census-designated places in Pennsylvania.
Age Demographics
The median age in Prospect is 43.5 years. This is 6% higher than the state median of 40.9 years.
Economy, Income & Housing
The median household income in Prospect is $88,250. This is 13% higher than the state median of $77,971. It is also 9% higher than the national median of $80,734. The poverty rate stands at 5.8%. This is 51% lower than the state poverty rate of 11.7%. The unemployment rate is 5.1%. This is 2% lower than the state rate of 5.3%. The median home value is $171,300. Housing costs are 33% lower than the state median of $254,500. With a home-value-to-income ratio of just 1.9x, Prospect is one of the most affordable housing markets in the area. 90.6% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 69.3%.
Race & Ethnicity
Prospect has a predominantly White (non-Hispanic) population, comprising 96.2% of all residents. Asian residents account for 0.7%. The Hispanic or Latino population (0.4%) is well below the state average of 8.7%. The Asian population (0.7%) is well below the state average of 3.8%.
Education
22.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.9%.
Data Sources & Methodology
All demographic data for Prospect, Pennsylvania is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Prospect, Pennsylvania?
Prospect, Pennsylvania has a population of 1,157 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Prospect, PA?
The median household income in Prospect is $88,250, which is 9% higher than the national median of $80,734.
What is the poverty rate in Prospect, PA?
The poverty rate in Prospect is 5.8%. This means approximately 67 residents live below the federal poverty line.
What is the racial makeup of Prospect, Pennsylvania?
Prospect's population is 96.2% White, 0.0% Black, 0.4% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Prospect, PA?
The median home value in Prospect is $171,300. The home-value-to-income ratio is 1.9x.
How educated is Prospect, Pennsylvania?
22.2% of adults (25+) in Prospect hold a bachelor's degree or higher, and 6.0% hold a graduate or professional degree.