Prospect, KY

Census Place

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2019 Population
4,896
0.41% 1-year growth
US Senator
Mitch McConnell
Republican Party
US Senator
Rand Paul
Republican Party
2019 Median Age
54.8
0.735% 1-year increase
2019 Poverty Rate
0.837%
45.6% 1-year decrease
2019 Median Household Income
$145,511
11% 1-year growth
2019 Median Property Value
$388,300
1.73% 1-year growth
2019 Employed Population
2,429
1.82% 1-year decline

About

In 2019, Prospect, KY had a population of 4.9k people with a median age of 54.8 and a median household income of $145,511. Between 2018 and 2019 the population of Prospect, KY grew from 4,876 to 4,896, a 0.41% increase and its median household income grew from $131,078 to $145,511, a 11% increase.

The 5 largest ethnic groups in Prospect, KY are White (Non-Hispanic) (88%), Asian (Non-Hispanic) (5.7%), Black or African American (Non-Hispanic) (3.88%), White (Hispanic) (1.96%), and Other (Non-Hispanic) (0.449%). 0% of the households in Prospect, KY speak a non-English language at home as their primary language.

98.3% of the residents in Prospect, KY are U.S. citizens.

In 2019, the median property value in Prospect, KY was $388,300, and the homeownership rate was 95.3%. Most people in Prospect, KY drove alone to work, and the average commute time was 22.1 minutes. The average car ownership in Prospect, KY was 2 cars per household.

Diversity

Prospect, KY is home to a population of 4.9k people, from which 98.3% are citizens. As of 2019, 7.39% of Prospect, KY residents were born outside of the country (362 people).

In 2019, there were 15.4 times more White (Non-Hispanic) residents (4.31k people) in Prospect, KY than any other race or ethnicity. There were 279 Asian (Non-Hispanic) and 190 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Race and Ethnicity

Race and Ethnicity

The 3 largest ethnic groups in Prospect, KY
  1. White (Non-Hispanic)
    4.31k ± 213
  2. Asian (Non-Hispanic)
    279 ± 148
  3. Black or African American (Non-Hispanic)
    190 ± 118
1.96%
Hispanic Population
96 people

In 2019, there were 15.4 times more White (Non-Hispanic) residents (4.31k people) in Prospect, KY than any other race or ethnicity. There were 279 Asian (Non-Hispanic) and 190 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

1.96% of the people in Prospect, KY are hispanic (96 people).

The following chart shows the 7 races represented in Prospect, KY as a share of the total population.

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Heritage

Foreign-Born Population

7.39%
2019 Foreign-Born Population
362 people
7.26%
2018 Foreign-Born Population
354 people

As of 2019, 7.39% of Prospect, KY residents (362 people) were born outside of the United States, which is lower than the national average of 13.7%. In 2018, the percentage of foreign-born citizens in Prospect, KY was 7.26%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Prospect, KY compared to that of it's neighboring and parent geographies.

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Age by Nativity

55
Median Native-Born Age
± 2
51
Median Foreign-Born Age
± 16.5

In 2019, the median age of all people in Prospect, KY was 54.8. Native-born citizens, with a median age of 55, were generally older than foreign-born citizens, with a median age of 51. But people in Prospect, KY are getting getting older. In 2018, the average age of all Prospect, KY residents was 54.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Kentucky.
Most Common Origin
  1. Mexico
    31,769 ± 4,360 people
  2. India
    12,409 ± 2,731 people
  3. Cuba
    11,319 ± 2,609 people

In 2019, the most common birthplace for the foreign-born residents of Kentucky was Mexico, the natal country of 31,769 Kentucky residents, followed by India with 12,409 and Cuba with 11,319.

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Citizenship

98.3%
2019 Citizenship
98.5%
2018 Citizenship

As of 2019, 98.3% of Prospect, KY residents were US citizens, which is higher than the national average of 93.4%. In 2018, the percentage of US citizens in Prospect, KY was 98.5%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Prospect, KY compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    152 ± 72
  2. Gulf War (2001-)
    26 ± 33
  3. Korea
    18 ± 23

Prospect, KY has a large population of military personnel who served in Vietnam, 5.85 times greater than any other conflict.

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COVID-19

Daily New Cases by Date

Showing data at the state level for Kentucky. Hospitalization data for some states may be delayed or not reported.
Y-Axis

This chart shows the number of COVID-19 daily new cases by date in Kentucky, as a 7-day rolling average, compared with the four states with the most similar number of confirmed cases.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Kentucky.

This chart shows weekly unemployment insurance claims in Kentucky (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industry Sector

Data is only available at the state level. Showing data for Kentucky.
Y-Axis
8.45%
Year-over-year growth
Employment change between May 2020 and May 2021

As of May 2021, there are 145M people employed in Kentucky. This represents a 8.45% increase in employment when compared to May 2020.

The following chart shows monthly employment numbers for each industry sector in Kentucky.

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Community Mobility

Data is only available at the state level. Showing data for Kentucky.

This chart presents movement trends over time in the state of Kentucky across different categories of places such as retail and recreation, groceries and pharmacies, parks, transit stations, workplaces, and residential.

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Economy

Median household income in Prospect, KY is $145,511. In 2019, the place with the highest median household income in Prospect, KY was Census Tract 103.13 with a value of $149,850, followed by Census Tract 307.01 and Census Tract 103.12, with respective values of $145,673 and $117,386.

Males in Kentucky have an average income that is 1.35 times higher than the average income of females, which is $44,437. The income inequality in Kentucky (measured using the Gini index) is 0.456, which is lower than than the national average.

The economy of Prospect, KY employs 2.43k people. The largest industries in Prospect, KY are Health Care & Social Assistance (510 people), Professional, Scientific, & Technical Services (443 people), and Finance & Insurance (218 people), and the highest paying industries are Utilities ($141,071), Finance & Insurance ($138,462), and Professional, Scientific, & Technical Services ($113,558).

Wages

Median Household Income

$145,511
2019 value
± $23,485
11%
1 Year Growth
± 23%

Households in Prospect, KY have a median annual income of $145,511, which is more than the median annual income of $65,712 across the entire United States. This is in comparison to a median income of $131,078 in 2018, which represents a 11% annual growth.

The following chart shows how the median household income in Prospect, KY compares to that of its neighboring and parent geographies.

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Wage by Sex in Common Jobs

The PUMS dataset is not available at the Place level, so we are showing data for Kentucky.
$59,994
Average Male Salary in Kentucky
± $1,633
$44,437
Average Female Salary in Kentucky
± $1,156

In 2019, full-time male employees in Kentucky made 1.35 times more than female employees.

This chart shows the sex-based wage disparity in the 5 most common occupations in Kentucky by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

The PUMS dataset is not available at the Place level, so we are showing data for Kentucky.
Highest Average Salaries by Race & Ethnicity in Kentucky
  1. Asian
    $58,983 ± $10,861
  2. White
    $46,691 ± $986
  3. American Indian
    $38,377 ± $15,879

In 2019 the highest paid race/ethnicity of Kentucky workers was Asian. These workers were paid 1.26 times more than White workers, who made the second highest salary of any race/ethnicity in Kentucky.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Kentucky by number of full-time employees.

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Wage Distribution

The closest comparable wage GINI for Prospect, KY is from Kentucky.
0.456
2019 Wage GINI in Kentucky
0.456
2018 Wage GINI in Kentucky

In 2019, the income inequality in Kentucky was 0.456 according to the GINI calculation of the wage distribution. Income inequality had a 0.114% decline from 2018 to 2019, which means that wage distribution grew somewhat more even. The GINI for Kentucky was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Kentucky in comparison to the national average.

This chart shows the number of workers in Kentucky across various wage buckets compared to the national average.

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Income by Location

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Race/Ethnicity
Highest Median Household Income (Total)
  1. Census Tract 103.13
  2. Census Tract 307.01
  3. Census Tract 103.12

In 2019, the place with the highest Median Household Income (Total) in Prospect, KY was Census Tract 103.13 with a value of $149,850, followed by Census Tract 307.01 and Census Tract 103.12, with respective values of $145,673 and $117,386.

The following map shows all of the places in Prospect, KY colored by their Median Household Income (Total).

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Poverty by Age and Sex

Females 75+
Largest Demographic Living in Poverty

0.837% of the population for whom poverty status is determined in Prospect, KY (41 out of 4.9k people) live below the poverty line, a number that is lower than the national average of 12.3%. The largest demographic living in poverty are Females 75+, followed by Males 75+ and then Females 45 - 54.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty
  1. White
    41 ± 61
  2. Black
    0 ± 56
  3. Native American
    0 ± 56

The most common racial or ethnic group living below the poverty line in Prospect, KY is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Occupations

Employment by Occupations

2.43k
2019 Value
± 288
−1.82%
1 Year decline
± 16.9%

From 2018 to 2019, employment in Prospect, KY declined at a rate of −1.82%, from 2.47k employees to 2.43k employees.

The most common job groups, by number of people living in Prospect, KY, are Management Occupations (583 people), Sales & Related Occupations (413 people), and Health Diagnosing & Treating Practitioners & Other Technical Occupations (337 people). This chart illustrates the share breakdown of the primary jobs held by residents of Prospect, KY.

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Most Common

The most common jobs held by residents of Prospect, KY, by number of employees, are Management Occupations (583 people), Sales & Related Occupations (413 people), and Health Diagnosing & Treating Practitioners & Other Technical Occupations (337 people).

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Most Specialized

Compared to other places, Prospect, KY has an unusually high number of residents working as Legal Occupations (7.22 times higher than expected), Health Diagnosing & Treating Practitioners & Other Technical Occupations (3.41 times), and Management Occupations (2.36 times).

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Highest Paid

The highest paid jobs held by residents of Prospect, KY, by median earnings, are Legal Occupations ($208,556), Education, Legal, Community Service, Arts, & Media Occupations ($137,833), and Management, Business, Science, & Arts Occupations ($114,500).

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Industries

Employment by Industries

2.43k
2019 Value
± 288
−1.82%
1 Year decline
± 16.9%

From 2018 to 2019, employment in Prospect, KY declined at a rate of −1.82%, from 2.47k employees to 2.43k employees.

The most common employment sectors for those who live in Prospect, KY, are Health Care & Social Assistance (510 people), Professional, Scientific, & Technical Services (443 people), and Finance & Insurance (218 people). This chart shows the share breakdown of the primary industries for residents of Prospect, KY, though some of these residents may live in Prospect, KY and work somewhere else. Census data is tagged to a residential address, not a work address.

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Most Common

The most common industries in Prospect, KY, by number of employees, are Health Care & Social Assistance (510 people), Professional, Scientific, & Technical Services (443 people), and Finance & Insurance (218 people).

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Most Specialized

Compared to other places, Prospect, KY has an unusually high number of Management of Companies & Enterprises (16.7 times higher than expected), Real Estate & Rental & Leasing (2.95 times), and Professional, Scientific, & Technical Services (2.51 times) industries.

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Highest Paying

The highest paying industries in Prospect, KY, by median earnings, are Utilities ($141,071), Finance & Insurance ($138,462), and Professional, Scientific, & Technical Services ($113,558).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Kentucky to other states, or from other states to Kentucky.
Top Domestic Production in Dollars
  1. $57B
  2. $34.7B
  3. $31.1B

In 2020, the top outbound Kentucky product (by dollars) was Motorized vehicles with $57B, followed by Electronics ($34.7B) and Machinery ($31.1B).

The following chart shows the share of these products in relation to all outbound Kentucky products.

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Domestic Trade Growth

Showing data for Kentucky.
$326B
2020 Value in Kentucky
$644B
Projected 2050 Value in Kentucky
97.4% growth

In 2020, total outbound Kentucky trade was $326B. This is expected to increase 97.4% to $644B by 2050.

The following chart shows how the domestic outbound Kentucky trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Kentucky to other states, or from other states to Kentucky.
Most Common Trade Partners
  1. $24.4B
  2. $18.8B
  3. $17.9B

In 2020, the top outbound Kentucky domestic partner for goods and services (by dollars) was Tennessee with $24.4B, followed by Ohio with $18.8B and California and $17.9B.

The following map shows the amount of trade that Kentucky shares with each state (excluding itself).

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Civics

In the 2020 presidential election, the popular vote in Kentucky went to Donald J. Trump with 62.1% of the vote. The runner-up was Joseph R Biden Jr. (36.2%), followed by Jo Jorgensen (1.23%). The most partisan county was Leslie County, KY with 89.8% of the vote going to Donald J. Trump running for the Republican Party.

Mitch McConnell and Rand Paul are the senators currently representing the state of Kentucky. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Kentucky is currently represented by 6 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Popular Vote by County

Presidential voting results are only available at the county level. Showing data for the counties inside of Kentucky.
Donald J. Trump
Popular Vote for Kentucky
62.1% for the Republican Party
Most Partisan Counties in Kentucky
  1. 89.8% for Donald J. Trump (Republican Party)
  2. 89.2% for Donald J. Trump (Republican Party)
  3. 89% for Donald J. Trump (Republican Party)

In the 2020 presidential election, the most partisan county in Kentucky was Leslie County, KY with 89.8% of the vote going to Donald J. Trump running for the Republican Party.

The following map shows the counties in Kentucky colored by their party leaning.

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US Senators from Kentucky

Senatorial voting results are only available at the state level. Showing data for Kentucky.
Mitch McConnell
Senator from Kentucky2
Assumed office on January 3, 1985
Rand Paul
Senator from Kentucky3
Assumed office on January 3, 2011

Mitch McConnell and Rand Paul are the senators currently representing Kentucky.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Kentucky over time, excluding special elections, colored by their political party.

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US Representatives from Kentucky

Kentucky is currently represented by 6 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Kentucky have changed over time starting in 2008.

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Housing & Living

The median property value in Prospect, KY was $388,300 in 2019, which is 1.61 times larger than the national average of $240,500. Between 2018 and 2019 the median property value increased from $381,700 to $388,300, a 1.73% increase. The homeownership rate in Prospect, KY is 95.3%, which is higher than the national average of 64.1%. People in Prospect, KY have an average commute time of 22.1 minutes, and they drove alone to work. Car ownership in Prospect, KY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property Value

$388,300
2019 Median
± $17,514
$381,700
2018 Median
± $19,518

In 2019, the median property value in Prospect, KY grew to to $388,300 from the previous year's value of $381,700.

The following charts display, first, the property values in Prospect, KY compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Prospect, KY the largest share of households have a property value in the $300k - $400k range.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$145,511
Median Household Income
± $23,485
2.03k
Number of Households
± 232

In 2019, the median household income of the 2.03k households in Prospect, KY grew to $145,511 from the previous year's value of $131,078.

The following chart displays the households in Prospect, KY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Property Taxes

$3k+
Average Range

This chart shows the households in Prospect, KY distributed between a series of property tax buckets compared to the national averages for each bucket. In Prospect, KY the largest share of households pay taxes in the $3k+ range.

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Rent vs Own

95.3%
2019 Homeownership
94.1%
2018 Homeownership

In 2019, 95.3% of the housing units in Prospect, KY were occupied by their owner. This percentage grew from the previous year's rate of 94.1%.

This percentage of owner-occupation is higher than the national average of 64.1%. This chart shows the ownership percentage in Prospect, KY compared it's parent and neighboring geographies.

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Commute Time

22.1 minutes
Average Travel Time

Using averages, employees in Prospect, KY have a shorter commute time (22.1 minutes) than the normal US worker (25.5 minutes). Additionally, 1.69% of the workforce in Prospect, KY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Prospect, KY compares to that of it's neighboring and parent geographies.

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Commuter Transportation

Most Common Commute in 2019
  1. Drove Alone (85.5%)
  2. Worked At Home (7.85%)
  3. Carpooled (3.08%)

In 2019, 85.5% of workers in Prospect, KY drove alone to work, followed by those who worked at home (7.85%) and those who carpooled to work (3.08%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Transportation

Car Ownership

2 cars
Average Number

The following chart displays the households in Prospect, KY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Prospect, KY have 2 cars, followed by false.

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Health

98.9% of the population of Prospect, KY has health coverage, with 58.7% on employee plans, 2.06% on Medicaid, 22.9% on Medicare, 15% on non-group plans, and 0.266% on military or VA plans.

Per capita personal health care spending in Kentucky was $8,004 in 2014. This is a 6.11% increase from the previous year ($7,543).

Primary care physicians in Jefferson County, KY see 1072 patients per year on average, which represents a 1.32% increase from the previous year (1058 patients). Compare this to dentists who see 913 patients per year, and mental health providers who see 310 patients per year.

Comparing across all counties in the state, Knott County has the highest prevalence of diabetes (21%). Additionally, Owsley County has the highest prevalence of adult obesity (46.7%)

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Jefferson County, KY.
1,072 to 1
Patient to Primary Care Physician Ratio in Jefferson County, KY

Primary care physicians in Jefferson County, KY see an average of 1,072 patients per year. This represents a 1.32% increase from the previous year (1,058 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Jefferson County, KY in comparison to its neighboring geographies.

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Behavioral Health Conditions

Data only available at the state level.
State with the Highest Prevalence
  1. 8.26% of the population affected
  2. 8.13% of the population affected
  3. 7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.
Most prevalent states
  1. 19.2% of adults
  2. 17.9% of adults
  3. 17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

Data is only available at the state level. Showing data for Kentucky.
$8,004
Total Per Capita Spending on Personal Health Care in Kentucky
$4,551
Per Enrollee Private Health Insurance Spending on Personal Health Care
$7,016
Per Enrollee Medicaid Spending on Personal Health Care
$10,368
Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in Kentucky (including private, Medicare, and Medicaid) grew 6.11%, from $7,543 to $8,004.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

1.14%
Uninsured
58.7%
Employer Coverage
2.06%
Medicaid
22.9%
Medicare
15%
Non-Group
0.266%
Military or VA

Between 2018 and 2019, the percent of uninsured citizens in Prospect, KY declined by 18% from 1.39% to 1.14%.

The following chart shows how the percent of uninsured individuals in Prospect, KY changed over time compared with the percent of individuals enrolled in various types of health insurance.

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Health Risks

Data available at the county level.
Most at risk counties
  1. 21% prevalence
  2. 20.3% prevalence
  3. 20.2% prevalence

Knott County has the highest prevalence of diabetes in Kentucky, at 21%.

The following map shows the prevalence of diabetes in Kentucky by county over multiple years.

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