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ZipNumbers

Kentucky · Census place 63264

Prospect city, KY

Quick answer

Prospect city has 4,518 residents, ranking #93 of 554 places in Kentucky. Median household income is $172,361, the median home is worth $494,000 and median gross rent runs $1,287 a month.

Population
4,518Prospect city residents
Median household income
$172,361Past 12 months, inflation adjusted
Median home value
$494,000Owner-occupied units
Median gross rent
$1,287Rent plus utilities, monthly
Median age
55.2 yrsAll residents
Homeownership rate
92%Owner-occupied households

What the numbers mean in Prospect city

Housing cost measured against local earnings.

A household earning the Prospect city median would spend about 9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.2% of residents and 92% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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