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Pennsylvania · Census place 62792

Prospect Park borough, PA

Quick answer

Prospect Park borough has 6,402 residents, ranking #192 of 2002 places in Pennsylvania. Median household income is $65,774, the median home is worth $239,700 and median gross rent runs $1,154 a month.

Population
6,402Prospect Park borough residents
Median household income
$65,774Past 12 months, inflation adjusted
Median home value
$239,700Owner-occupied units
Median gross rent
$1,154Rent plus utilities, monthly
Median age
38 yrsAll residents
Homeownership rate
57.3%Owner-occupied households

What the numbers mean in Prospect Park borough

Housing cost measured against local earnings.

A household earning the Prospect Park borough median would spend about 21.1% 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 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.4% of residents and 57.3% 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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