Prospect, NC

Census Place

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2024 Population
907
US Senator
Thom Tillis
Republican Party
US Senator
Ted Budd
Republican Party
2024 Median Age
30.4
28.6% 1-year decrease
2024 Poverty Rate
21.7%
30% 1-year increase
2024 Median Household Income
$110,769
2024 Median Property Value
$100,700
16% 1-year growth
2024 Employed Population
401
3.89% 1-year growth

About

None of the households in Prospect, NC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Prospect, NC are U.S. citizens.

In 2024, the median property value in Prospect, NC was $100,700, and the homeownership rate was 90.6%.

Most people in Prospect, NC drove alone to work, and the average commute time was 35.1 minutes. The average car ownership in Prospect, NC was 5 cars per household.

Population & Diversity

Prospect, NC is home to a population of 907 people, from which 100% are citizens. As of 2024, 0% of Prospect, NC residents were born outside of the country (0 people).

In 2024, there were 32.7 times more American Indian & Alaska Native (Non-Hispanic) residents (851 people) in Prospect, NC than any other race or ethnicity. There were 26 Black or African American (Non-Hispanic) and 23 White (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

100%
2024 Citizenship
100%
2023 Citizenship

As of 2024, 100% of Prospect, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Prospect, NC was 100%, meaning that the rate of citizenship has been maintaining.

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

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Race and Ethnicity

The 3 largest ethnic groups in Prospect, NC
  1. American Indian & Alaska Native (Non-Hispanic)
    851 ± 289
  2. Black or African American (Non-Hispanic)
    26 ± 41
  3. White (Non-Hispanic)
    23 ± 35

In 2024, there were 32.7 times more American Indian & Alaska Native (Non-Hispanic) residents (851 people) in Prospect, NC than any other race or ethnicity. There were 26 Black or African American (Non-Hispanic) and 23 White (Non-Hispanic) residents, the second and third most common ethnic groups.

The following chart shows the 8 races represented in Prospect, NC as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.
Most Common Origin
  1. Mexico
    224,963 ± 11,520 people
  2. India
    83,219 ± 7,055 people
  3. Honduras
    48,247 ± 5,380 people

In 2023, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 224,963 North Carolina residents, followed by India with 83,219 and Honduras with 48,247.

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Economy

The economy of Prospect, NC employs 401 people. In 2024, the largest industries in Prospect, NC were Health Care & Social Assistance (66 people), Educational Services (60 people), and Transportation & Warehousing (47 people), and the highest paying industries were Transportation & Warehousing, & Utilities ($88,036), Educational Services ($62,778), and Educational Services, & Health Care & Social Assistance ($51,875).

Occupations

401
2024 Value
± 152
3.89%
1 Year growth
± 53.2%

From 2023 to 2024, employment in Prospect, NC grew at a rate of 3.89%, from 386 employees to 401 employees.

The most common job groups, by number of people living in Prospect, NC, are Office & Administrative Support Occupations (65 people), Education Instruction, & Library Occupations (61 people), and Transportation Occupations (47 people). This chart illustrates the share breakdown of the primary jobs held by residents of Prospect, NC.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in North Carolina (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 Industries

401
2024 Value
± 152
3.89%
1 Year growth
± 53.2%

From 2023 to 2024, employment in Prospect, NC grew at a rate of 3.89%, from 386 employees to 401 employees.

The most common employment sectors for those who live in Prospect, NC, are Health Care & Social Assistance (66 people), Educational Services (60 people), and Transportation & Warehousing (47 people). This chart shows the share breakdown of the primary industries for residents of Prospect, NC, though some of these residents may live in Prospect, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$62,434
Median earning men ± $35,355
$46,563
Median earning women ± $10,066

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($88,036).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($52,500).

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Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.
Y-Axis
3.04%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

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

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Housing & Living

The median property value in Prospect, NC was $100,700 in 2024, which is 0.303 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $86,800 to $100,700, a 16% increase. The homeownership rate in Prospect, NC is 90.6%, which is higher than the national average of 65.2%.

People in Prospect, NC have an average commute time of 35.1 minutes, and they drove alone to work. Car ownership in Prospect, NC is higher than the national average, with an average of 5 cars per household.

Property

$100,700
Median Property Value 2024
±$31,424
$250
Median Property Taxes
±$94

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Prospect, NC the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Prospect, NC compared to it's parent and neighbor geographies.

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Rent vs Own

90.6%
Homeownership
2024
60.2%
Homeowners with Mortgage
2024

In 2024, 90.6% of the housing units in Prospect, NC were occupied by their owner. This percentage declined from the previous year's rate of 93.8%.

This chart shows the percentage of owner in Prospect, NC compared it's parent and neighboring geographies.

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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.
$110,769
Median Household Income
± $87,765
276
Number of Households
± 91

The following chart displays the households in Prospect, NC 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 $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Prospect, NC is from North Carolina.
0.467
2023 Wage GINI in North Carolina
0.47
2022 Wage GINI in North Carolina

In 2023, the income inequality in North Carolina was 0.467 according to the GINI calculation of the wage distribution. Income inequality had a 0.639% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.476. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

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

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (86.8%)
  2. Carpooled (6.61%)
  3. Worked At Home (6.61%)

In 2024, 86.8% of workers in Prospect, NC drove alone to work, followed by those who carpooled to work (6.61%) and those who worked at home (6.61%).

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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Commute Time

35.1 minutes
Average Travel Time

Using averages, employees in Prospect, NC have a longer commute time (35.1 minutes) than the normal US worker (26.4 minutes). Additionally, 7.37% of the workforce in Prospect, NC have "super commutes" in excess of 90 minutes.

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

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Car Ownership

5 cars
Average Number

The following chart displays the households in Prospect, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Prospect, NC have 5 cars.

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Poverty & Diversity

21.7% of the population for whom poverty status is determined in Prospect, NC (197 out of 907 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Females 55 - 64 and then Males 25 - 34.

The most common racial or ethnic group living below the poverty line in Prospect, NC is Native American, followed by Black and Two Or More.

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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Health

94% of the population of Prospect, NC has health coverage, with 58.3% on employee plans, 14.7% on Medicaid, 10.9% on Medicare, 10.1% on non-group plans, and 0% on military or VA plans.

Primary care physicians in North Carolina see 1,413 patients per year on average, which represents a 0% change from the previous year (1,413 patients). Compare this to dentists who see 1634 patients per year, and mental health providers who see 299 patients per year.

By gender, of the total number of insured persons, 48.6% were men and 51.4% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 27.1% under 18 years, 25.1% between 18 and 34 years, 35% between 35 and 64 years, and 12.8% over 64 years.

By gender, of the total number of insured persons, 48.6% were men and 51.4% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

5.95%
Uninsured
58.3%
Employer Coverage
14.7%
Medicaid
10.9%
Medicare
10.1%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Prospect, NC grew by 7.67% from 5.53% to 5.95%.

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

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