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
Compare with nearby places
Places of similar size in Kentucky.
- Hendron CDP 4,840
- Benton city 4,774
- Hurstbourne city 4,669
- Westwood CDP 4,480
- Greenville city 4,435
- Crescent Springs city 4,402
- Farley CDP 4,402
Keep going
More Kentucky coverage.