Prospect is a very small city located in the state of Kentucky. With a population of 4,797 people and two constituent neighborhoods, Prospect is the 95th largest community in Kentucky.

Prospect is a decidedly white-collar city, with fully 94.99% of the workforce employed in white-collar jobs, well above the national average. Overall, Prospect is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Prospect who work in management occupations (24.79%), sales jobs (15.16%), and healthcare (12.48%).

A relatively large number of people in Prospect telecommute to their jobs. Overall, about 7.64% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In addition, Prospect is home to many people who could be described as "urban sophisticates." Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.

Because of many things, Prospect is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Prospect really has some of the features that families look for when choosing a good community to raise children. Is Prospect perfect? Of course not, and if you like frenetic night life, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

Prospect is a small city, and as is often the case with smaller towns, the population isn't large or dense enough to support much in the way of a public transportation system. In fact, there are many rural roads around Prospect, which makes walking or biking to and from work a bit difficult. This makes for a very car-oriented town: 97.87% of residents commute to work by private automobile, and people often drive out of town for work, shopping, and other activities.

Prospect is a relatively small city, but even so, a fairly large number of people use the bus to get to and from work. Many of these people travel out of town to the central city in the region.

Prospect Information and Demographics

Do you like to read, write and learn? If you move to Prospect, you'll likely find that many of your neighbors like to as well. Prospect is one of the more educated communities in America, with a full 69.95% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 14.96%.

The per capita income in Prospect in 2000 was $51,469, which is wealthy relative to Kentucky and the nation. This equates to an annual income of $205,876 for a family of four. However, Prospect contains both very wealthy and poor people as well.

The people who call Prospect home come from a variety of different races and ancestries. The most prevalent race in Prospect is White, followed by African-American. Important ancestries of people in Prospect include German, English, Irish, Scotch-Irish, Polish, Italian, and Scottish.

The most common language spoken in Prospect is English.