Living in Prospect Park, Pennsylvania
Cost of living, income, home prices, rent and demographics of Prospect Park · Census data 2020–2024
Prospect Park has 288 residents with a median age of 45.5. The median household income is $49,583 (36% lower than the Pennsylvania median), the median home value is $125,000.
Prospect Park is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Prospect Park at a glance
- Population
- 288
- Median age
- 45.5State: 40.9
- Median household income
- $49,583State: $77,971
- Median home value
- $125,000State: $254,500
- Homeowners
- 94.5%
- Bachelor's degree or higher
- 15%
- Average commute
- 21 min
Is Prospect Park a good place to live?
Pros: Home values 51% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 36% lower than the Pennsylvania median; a poverty rate of 14.6%.
The weather is best in June to September.
Cost of living in Prospect Park
Housing is the biggest part of the cost of living. In Prospect Park the median home value is $125,000, 62% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,625 a month in housing costs.
Prospect Park median household income
The median household income in Prospect Park is $49,583 and the income per person is $26,375. 14.6% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Prospect Park: homes for sale and rent
- Housing units
- 167
- Owner-occupied
- 94.5%
- Renter-occupied
- 5.5%
- Vacant
- 24%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.27
Prospect Park demographics
- Population
- 288
- Median age
- 45.5
- Under 18
- 21.5%
- 65 and older
- 29.9%
- Households
- 127
- Foreign-born
- 0.3%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Prospect Park ›
Education in Prospect Park
15% of adults 25 and older in Prospect Park have a bachelor's degree or higher (Pennsylvania: 35.2%), and 8.4% have a graduate or professional degree.
Jobs and commute in Prospect Park
- Unemployment rate
- 0%State: 5.3%
- Average commute
- 21 minState: 26 min
- Work from home
- 6%
- Drive alone
- 94%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 93.7%
Prospect Park vs nearby towns
More for people moving to Prospect Park
Prospect Park ZIP code ›Weather and climate ›Living in Prospect Park: FAQ
What is the median household income in Prospect Park, PA?
The median household income in Prospect Park is $49,583, 36% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Prospect Park?
The median home value in Prospect Park is $125,000, compared with $254,500 in Pennsylvania.
Is Prospect Park, PA a good place to live?
Pluses: home values 51% lower than the state median; an average commute of 21 minutes. Minuses: median household income 36% lower than the Pennsylvania median; a poverty rate of 14.6%.
What is the median age in Prospect Park?
The median age in Prospect Park is 45.5 years (Pennsylvania: 40.9).
How long is the commute in Prospect Park?
The average commute to work in Prospect Park is 21 minutes; 6% of workers work from home.
What is the unemployment rate in Prospect Park?
The unemployment rate in Prospect Park is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Prospect Park?
15% of adults in Prospect Park have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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