Prospect Park, NJ

Census Place

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2024 Population
6,319
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
36.2
2.26% 1-year increase
2024 Poverty Rate
28.3%
14% 1-year increase
2024 Median Household Income
$53,125
9.28% 1-year growth
2024 Median Property Value
$406,800
3.91% 1-year growth
2024 Employed Population
2,821
0.0709% 1-year growth

About

None of the households in Prospect Park, NJ 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.

84.8% of the residents in Prospect Park, NJ are U.S. citizens.

In 2024, the median property value in Prospect Park, NJ was $406,800, and the homeownership rate was 42%.

Most people in Prospect Park, NJ drove alone to work, and the average commute time was 22.9 minutes. The average car ownership in Prospect Park, NJ was 2 cars per household.

United StatesNew JerseyPassaic County, NJNew York-Newark-Jersey City, NY-NJ-PAPassaic County (Central)--Hawthorne PUMA, NJPassaic County--Paterson PUMA, NJ

Population & Diversity

Prospect Park, NJ is home to a population of 6.32k people, from which 84.8% are citizens. As of 2024, 42.6% of Prospect Park, NJ residents were born outside of the country (2.7k people).

In 2024, there were 1.15 times more Two Races Including Other (Hispanic) residents (1.58k people) in Prospect Park, NJ than any other race or ethnicity. There were 1.38k Other (Hispanic) and 895 White (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

84.8%
2024 Citizenship
83.5%
2023 Citizenship

As of 2024, 84.8% of Prospect Park, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Prospect Park, NJ was 83.5%, meaning that the rate of citizenship has been increasing.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Prospect Park, NJ
  1. Two Races Including Other (Hispanic)
    1.58k ± 793
  2. Other (Hispanic)
    1.38k ± 600
  3. White (Non-Hispanic)
    895 ± 315
64.9%
Hispanic Population
4.1k people

In 2024, there were 1.15 times more Two Races Including Other (Hispanic) residents (1.58k people) in Prospect Park, NJ than any other race or ethnicity. There were 1.38k Other (Hispanic) and 895 White (Non-Hispanic) residents, the second and third most common ethnic groups.

64.9% of the people in Prospect Park, NJ are hispanic (4.1k people).

The following chart shows the 8 races represented in Prospect Park, NJ 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 New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

42.6%
2024 Foreign-Born Population
2.7k people
41.9%
2023 Foreign-Born Population
2.63k people

As of 2024, 42.6% of Prospect Park, NJ residents (2.7k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Prospect Park, NJ was 41.9%, meaning that the rate has been increasing.

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

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Military

Veterans

Vietnam
Most Common Service Period
12 ± 35

The chart shows the distribution of veterans by conflict in Prospect Park, NJ.

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Economy

The economy of Prospect Park, NJ employs 2.82k people. In 2024, the largest industries in Prospect Park, NJ were Retail Trade (488 people), Accommodation & Food Services (371 people), and Manufacturing (349 people), and the highest paying industries were Professional, Scientific, & Technical Services ($61,700), Manufacturing ($60,302), and Retail Trade ($56,310).

Employment

Occupations

2.82k
2024 Value
± 471
0.0709%
1 Year growth
± 22.4%

From 2023 to 2024, employment in Prospect Park, NJ grew at a rate of 0.0709%, from 2.82k employees to 2.82k employees.

The most common job groups, by number of people living in Prospect Park, NJ, are Office & Administrative Support Occupations (361 people), Food Preparation & Serving Related Occupations (325 people), and Transportation Occupations (246 people). This chart illustrates the share breakdown of the primary jobs held by residents of Prospect Park, NJ.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in New Jersey (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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Industries

Employment by Industries

2.82k
2024 Value
± 471
0.0709%
1 Year growth
± 22.4%

From 2023 to 2024, employment in Prospect Park, NJ grew at a rate of 0.0709%, from 2.82k employees to 2.82k employees.

The most common employment sectors for those who live in Prospect Park, NJ, are Retail Trade (488 people), Accommodation & Food Services (371 people), and Manufacturing (349 people). This chart shows the share breakdown of the primary industries for residents of Prospect Park, NJ, though some of these residents may live in Prospect Park, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$48,507
Median earning men ± $16,191
$29,856
Median earning women ± $15,534

The industries with the best median earnings for men in 2024 are Manufacturing ($61,714), Educational Services, & Health Care & Social Assistance ($61,343), and Other Services Except Public Administration ($60,774).

The industries with the best median earnings for women in 2024 are Retail Trade ($53,750), Manufacturing ($41,563), and Educational Services, & Health Care & Social Assistance ($41,173).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% 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 16.5%.

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

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Housing & Living

The median property value in Prospect Park, NJ was $406,800 in 2024, which is 1.22 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $391,500 to $406,800, a 3.91% increase. The homeownership rate in Prospect Park, NJ is 42%, which is lower than the national average of 65.2%.

People in Prospect Park, NJ have an average commute time of 22.9 minutes, and they drove alone to work. Car ownership in Prospect Park, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$406,800
Median Property Value 2024
±$76,916
$867
Median Property Taxes
±$296

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 Park, NJ the largest share of households pay taxes in the $3k+ range.

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

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Rent vs Own

42%
Homeownership
2024
75.2%
Homeowners with Mortgage
2024

In 2024, 42% of the housing units in Prospect Park, NJ were occupied by their owner. This percentage grew from the previous year's rate of 40.1%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$53,125
Median Household Income
± $10,222
2.07k
Number of Households
± 425

In 2024, the median household income of the 2.07k households in Prospect Park, NJ grew to $53,125 from the previous year's value of $48,615.

The following chart displays the households in Prospect Park, NJ 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 Park, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

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

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (67.6%)
  2. Carpooled (15.9%)
  3. Worked At Home (7.22%)

In 2024, 67.6% of workers in Prospect Park, NJ drove alone to work, followed by those who carpooled to work (15.9%) and those who worked at home (7.22%).

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

22.9 minutes
Average Travel Time

Using averages, employees in Prospect Park, NJ have a shorter commute time (22.9 minutes) than the normal US worker (26.4 minutes). Additionally, 1.31% of the workforce in Prospect Park, NJ have "super commutes" in excess of 90 minutes.

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

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Car Ownership

2 cars
Average Number

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

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Poverty

Poverty & Diversity

28.3% of the population for whom poverty status is determined in Prospect Park, NJ (1.77k out of 6.24k 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 45 - 54 and then Males 55 - 64.

The most common racial or ethnic group living below the poverty line in Prospect Park, NJ is Hispanic, followed by Two Or More and White.

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

86.5% of the population of Prospect Park, NJ has health coverage, with 34.9% on employee plans, 35.5% on Medicaid, 7.87% on Medicare, 7.98% on non-group plans, and 0.222% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 46.7% were men and 53.3% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 30.7% under 18 years, 17.8% between 18 and 34 years, 39.4% between 35 and 64 years, and 12.1% over 64 years.

By gender, of the total number of insured persons, 46.7% were men and 53.3% were women.

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

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Uninsured People

13.5%
Uninsured
34.9%
Employer Coverage
35.5%
Medicaid
7.87%
Medicare
7.98%
Non-Group
0.222%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Prospect Park, NJ grew by 2.6% from 13.2% to 13.5%.

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

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