Pennsylvania · Census place 62752
Prospect borough, PA
Quick answer
Prospect borough has 1,104 residents, ranking #944 of 2002 places in Pennsylvania. Median household income is $81,042, the median home is worth $170,600 and median gross rent runs $885 a month.
- Population
- 1,104Prospect borough residents
- Median household income
- $81,042Past 12 months, inflation adjusted
- Median home value
- $170,600Owner-occupied units
- Median gross rent
- $885Rent plus utilities, monthly
- Median age
- 45.5 yrsAll residents
- Homeownership rate
- 90.7%Owner-occupied households
What the numbers mean in Prospect borough
Housing cost measured against local earnings.
A household earning the Prospect borough median would spend about 13.1% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.2% of residents and 90.7% 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 Pennsylvania.
- Nemacolin CDP 1,107
- Yoe borough 1,105
- Hawley borough 1,104
- Hegins CDP 1,103
- Dilworthtown CDP 1,098
- Chase CDP 1,094
- Chevy Chase Heights CDP 1,094
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