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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.

Prospect, KY
Real Estate & Demographic Data






Prospect profile


Living in Prospect



Prospect is a very small city located in the state of Kentucky. With a population of 4,565 people and five associated neighborhoods, Prospect is the 95th 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.

Telecommuters are a relatively large percentage of the workforce: 16.15% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

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.

Being a small city, Prospect does not have a public transit system used by locals to get to and from work.

If knowledge is power, Prospect is a pretty powerful place. 72.23% 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 $97,617, which is wealthy relative to Kentucky and the nation. This equates to an annual income of $390,468 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.