Prospect is a very small city located in the state of Kentucky. With a population of 4,905 people and three constituent neighborhoods, Prospect is the 88th largest community in Kentucky.
Prospect real estate is some of the most expensive in Kentucky, although Prospect house values don't compare to the most expensive real estate in the U.S.
Prospect is a decidedly white-collar city, with fully 94.75% of the workforce employed in white-collar jobs, well above the national average. Overall, Prospect is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Prospect who work in management occupations (21.14%), healthcare (15.68%), and sales jobs (15.52%).
Because of many things, Prospect is a great place for families with children to consider. First of all, many other families with children live here, making Prospect a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Prospect has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Prospect’s overall crime rate is lower than average for the country.
If knowledge is power, Prospect is a pretty powerful place. 75.20% of the adults in Prospect have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Prospect in 2018 was $77,600, which is wealthy relative to Kentucky and the nation. This equates to an annual income of $310,400 for a family of four.
The people who call Prospect home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prospect residents report their race to be White, followed by Asian. Important ancestries of people in Prospect include German, English, Irish, Italian, and French.
The most common language spoken in Prospect is English. Other important languages spoken here include Chinese and Langs. of India.