Prospect Park, NJ

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Population

5,955

0.608% growth

Median Age

30.9


Median Household Income

$50,938

5.69% decline

Poverty Rate

19.1%


Number of Employees

2,788

1.17% decline

Median Property Value

$259,800

4% growth

About

Economy

Health

Diversity

Housing & Living

About

In 2017, Prospect Park, NJ had a population of 5.96k people with a median age of 30.9 and a median household income of $50,938. Between 2016 and 2017 the population of Prospect Park, NJ grew from 5,919 to 5,955, a 0.608% increase and its median household income declined from $54,009 to $50,938, a -5.69% decrease.

The population of Prospect Park, NJ is 56.4% Hispanic or Latino, 21.4% Black or African American Alone, and 18.6% White Alone. 61.9% of the people in Prospect Park, NJ speak a non-English language, and 88.3% are U.S. citizens.

The median property value in Prospect Park, NJ is $259,800, and the homeownership rate is 44%. Most people in Prospect Park, NJ commute by Drove Alone, and the average commute time is 23.7 minutes. The average car ownership in Prospect Park, NJ is 2 cars per household.

Photo by rowensphotography

United StatesNew JerseyPassaic County, NJNew York-Newark-Jersey City, NY-NJ-PAPaterson City PUMA, NJHawthorne Borough & Clifton City (Northwest) PUMA, NJ

Economy

The economy of Prospect Park, NJ employs 2.79k people. The largest industries in Prospect Park, NJ are Health Care & Social Assistance (557 people), Manufacturing (387 people), and Retail Trade (369 people), and the highest paying industries are Professional, Scientific, & Technical Services ($53,482), Educational Services ($46,406), and Educational Services, & Health Care & Social Assistance ($38,056).

Median household income in Prospect Park, NJ is $50,938. Males in Prospect Park, NJ have an average income that is 1.38 times higher than the average income of females, which is $61,412. The income inequality in Prospect Park, NJ (measured using the Gini index) is 0.493, which is higher than than the national average.

Wages

Median Household Income

$50,938

2017 value

± $9,914

-5.69%

1 Year Growth

± 25.9%

Households in Prospect Park, NJ have a median annual income of $50,938, which is less than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $54,009 in 2016, which represents a -5.69% annual growth.

Look at the chart to see how the median household income in Prospect Park, NJ compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

The PUMS dataset is not available at the place level, so we are showing data for the New Jersey.

$84,632

Average Male Salary

± $1,612

$61,412

Average Female Salary

± $1,170

In 2017, full-time male employees in Prospect Park, NJ made 1.38 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Prospect Park, NJ 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 the New Jersey.

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $79,679 ± $3,060

  2. White

    $67,619 ± $1,158

  3. Native Hawaiian and Other Pacific Islander

    $52,154 ± $45,004

In 2017 the highest paid race/ethnicity of Prospect Park, NJ workers was Asian. These workers were paid 1.18 times more than White workers, who made the second highest salary of any race/ethnicity.

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

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Wage Distribution

The closest comparable wage GINI for Prospect Park, NJ is from New Jersey.

0.493

2017 Wage GINI

0.491

2016 Wage GINI

In 2017, the income inequality in New Jersey was 0.493 according to the GINI calculation of the wage distribution. Income inequality had a 0.437% growth from 2016 to 2017, which means that wage distribution grew somewhat less even.

The 2017 the GINI for New Jersey was higher than than the national average of 0.479. 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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Income by Location

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Highest Median Household Income (Total)

  1. Census Tract 2036

  2. N/A

  3. N/A

In 2017, the place with the highest Median Household Income (Total) in Prospect Park, NJ was Census Tract 2036 with a value of $53,889, followed by N/A and N/A, with respective values of N/A and N/A.

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

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Poverty by Age and Gender

Females 6 - 11

Largest Demographic Living in Poverty

19.1% of the population for whom poverty status is determined in Prospect Park, NJ (1.14k out of 5.96k people) live below the poverty line, a number that is higher than the national average of 13.4%. The largest demographic living in poverty are Females 6 - 11, followed by Females 45 - 54 and then Females 25 - 34.

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. Hispanic

    667 ± 165

  2. White

    553 ± 136

  3. Black

    263 ± 122

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

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

2.79k

2017 Value

± 364

-1.17%

1 Year decline

± 17.9%

From 2016 to 2017, employment in Prospect Park, NJ declined at a rate of -1.17%, from 2.82k employees to 2.79k employees.

The most common job groups, by number of people living in Prospect Park, NJ, are Office & Administrative Support Occupations (329 people), Education, Training, & Library Occupations (259 people), and Production Occupations (215 people). This chart illustrates the share breakdown of the primary jobs held by residents of Prospect Park, NJ.

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Most Common

The most common jobs held by residents of Prospect Park, NJ, by number of employees, are Office & Administrative Support Occupations (329 people), Education, Training, & Library Occupations (259 people), and Production Occupations (215 people).

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Most Specialized

Compared to other places, Prospect Park, NJ has an unusually high number of residents working as Healthcare Support Occupations (3.15 times higher than expected), Fire Fighting & Prevention, & Other Protective Service Workers Including Supervisors (2.23 times), and Community & Social Service Occupations (2.03 times).

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Highest Paid

The highest paid jobs held by residents of Prospect Park, NJ, by median earnings, are Health Diagnosing & Treating Practitioners & Other Technical Occupations ($93,421), Computer & Mathematical Occupations ($59,000), and Management Occupations ($55,156).

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Industries

Employment by Industries

2.79k

2017 Value

± 364

-1.17%

1 Year decline

± 17.9%

From 2016 to 2017, employment in Prospect Park, NJ declined at a rate of -1.17%, from 2.82k employees to 2.79k employees.

The most common employment sectors for those who live in Prospect Park, NJ, are Health Care & Social Assistance (557 people), Manufacturing (387 people), and Retail Trade (369 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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Most Common

The most common industries in Prospect Park, NJ, by number of employees, are Health Care & Social Assistance (557 people), Manufacturing (387 people), and Retail Trade (369 people).

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Most Specialized

Compared to other places, Prospect Park, NJ has an unusually high number of Management of Companies & Enterprises (9.98 times higher than expected), Transportation & Warehousing (1.74 times), and Administrative & Support & Waste Management Services (1.67 times) industries.

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Highest Paying

The highest paying industries in Prospect Park, NJ, by median earnings, are Professional, Scientific, & Technical Services ($53,482), Educational Services ($46,406), and Educational Services, & Health Care & Social Assistance ($38,056).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from New Jersey to other states, or from other states to New Jersey.

Top Domestic Production in Dollars

  1. Pharmaceuticals

    $48.1B

  2. Electronics

    $36.5B

  3. Motorized vehicles

    $35.3B

In 2015, the top outbound New Jersey product (by dollars) was Pharmaceuticals with $48.1B, followed by Electronics with $36.5B and Motorized vehicles and $35.3B.

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

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Domestic Trade Growth

Showing data for New Jersey state.

$467B

2015 Value

$734B

Projected 2045 Value

57.1% growth

In 2015, total outbound New Jersey trade was $467B. This is expected to increase 57.1% to $734B by 2045.

The following chart shows how the domestic outbound New Jersey 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 New Jersey to other states, or from other states to New Jersey.

Most Common Trade Partners

  1. New York

    $70.5B

  2. Pennsylvania

    $48.9B

  3. California

    $16.6B

In 2015, the top outbound New Jersey domestic partner for goods and services (by dollars) was New York with $70.5B, followed by Pennsylvania with $48.9B and California and $16.6B.

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

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Health

87.8% of the population of Prospect Park, NJ has health coverage, with 42.7% on employee plans, 32.3% on Medicaid, 5.88% on Medicare, 5.71% on non-group plans, and 1.21% on military or VA plans.

Per capita personal health care spending in the place of Prospect Park, NJ was $8,859 in 2014. This is a 4.91% increase from the previous year ($8,444).

Primary care physicians in Prospect Park, NJ see 1184 patients per year on average, which represents a 1.11% increase from the previous year (1171 patients). Compare this to dentists who see 1187 patients per year, and mental health providers who see 534 patients per year.

Comparing across all counties in the state, Salem County has the highest prevalence of diabetes (12.1%). Additionally, Cumberland County has the highest prevalence of adult obesity (34.7%)

Patient to Clinician Ratios

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

1184 to 1

Primary Care Physicians

Primary care physicians in New Jersey see an average of 1184 patients per year. This represents a 1.11% increase from the previous year (1171 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in New Jersey in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. West Virginia

    8.26% of the population affected

  2. Arkansas

    8.13% of the population affected

  3. New Hampshire

    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. Mississippi

    19.2% of adults

  2. Texas

    17.9% of adults

  3. Louisiana

    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 New Jersey.

$8,859

Total Per Capita Spending on Personal Health Care 

$5,081

Per Enrollee Private Health Insurance Spending on Personal Health Care

$8,049

Per Enrollee Medicaid Spending on Personal Health Care

$12,614

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in New Jersey (including private, Medicare, and Medicaid) grew 4.91%, from $8,444 to $8,859.

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

12.2%

Uninsured

42.7%

Employer Coverage

32.3%

Medicaid

5.88%

Medicare

5.71%

Non-Group

1.21%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Prospect Park, NJ declined by 17.6% from 14.8% to 12.2%.

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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Health Risks

Data available at the county level.

Most at risk counties

  1. Salem County

    12.1% prevalence

  2. Cumberland County

    11.7% prevalence

  3. Atlantic County

    11.7% prevalence

Salem County has the highest prevalence of diabetes in New Jersey, at 12.1%.

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

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Diversity

Prospect Park, NJ is home to a population of 5.96k people, from which 88.3% are citizens. As of 2017, 33.7% of Prospect Park, NJ residents were born outside of the country.

The ethnic composition of the population of Prospect Park, NJ is composed of 3.36k Hispanic or Latino residents (56.4%), 1.28k Black or African American Alone residents (21.4%), 1.11k White Alone residents (18.6%), 132 Asian Alone residents (2.22%), 83 Two or More Races residents (1.39%), 0 Native Hawaiian & Other Pacific Islander Alone residents (0%), 0 American Indian & Alaska Native Alone residents (0%), and 0 Some Other Race Alone residents (0%).

The most common foreign languages spoken in Prospect Park, NJ are Spanish or Spanish Creole (2,429 speakers), Arabic (392 speakers), and Other Indo-European Languages (217 speakers).

Age

Age by Nativity

24

Median Native-Born Age

± 3.7

45

Median Foreign-Born Age

± 3.6

In 2017, the median age of all people in Prospect Park, NJ was 30.9. Native-born citizens, with a median age of 24, were generally younger than than foreign-born citizens, with a median age of 45. But people in Prospect Park, NJ are getting getting older. In 2016, the average age of all Prospect Park, NJ residents was 31.

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Heritage

Foreign-Born Population

33.7%

2017 Foreign-Born Population

32.9%

2016 Foreign-Born Population

As of 2017, 33.7% of Prospect Park, NJ residents were born outside of the United States, which is higher than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Prospect Park, NJ was 32.9%, 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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Global Diversity

Most Common Origin

  1. India

    251,165 ± 12,131 people

  2. Dominican Republic

    162,243 ± 9,799 people

  3. Mexico

    124,109 ± 8,589 people

In 2017, the most common birthplace for the foreign-born residents of Prospect Park, NJ was India, the natal country of 251,165 Prospect Park, NJ residents, followed by Dominican Republic with 162,243 and Mexico with 124,109.

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Citizenship

88.3%

2017 Citizenship

87.3%

2016 Citizenship

As of 2017, 88.3% of Prospect Park, NJ residents were US citizens, which is lower than the national average of 93.1%. In 2016, the percentage of US citizens in Prospect Park, NJ was 87.3%, 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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Race and Ethnicity

Most Common

  1. Hispanic or Latino

    3.36k ± 530

  2. Black or African American Alone

    1.28k ± 300

  3. White Alone

    1.11k ± 352

In 2017, there were 2.63 times more Hispanic or Latino residents (3.36k people) in Prospect Park, NJ than any other race or ethnicity. There were 1.28k Black or African American Alone and 1.11k White Alone residents, the second and third most common racial or ethnic groups.

The following bar chart shows the 8 races and ethnicities represented in Prospect Park, NJ as a share of the total population.

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Non-English Speakers

Most Common Languages

  1. Spanish or Spanish Creole

    2,429 speakers (44.5%)

  2. Arabic

    392 speakers (7.18%)

  3. Other Indo-European Languages

    217 speakers (3.97%)

61.9% of Prospect Park, NJ citizens are speakers of a non-English language, which is higher than the national average of 21.5%. In 2015, the most common non-English language spoken in Prospect Park, NJ was Spanish or Spanish Creole. 44.5% of the overall population of Prospect Park, NJ are native Spanish or Spanish Creole speakers. 7.18% speak Arabic and 3.97% speak Spanish or Spanish Creole, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Gulf War (2001-)

    128 ± 120

  2. Vietnam

    26 ± 33

  3. Korea

    7 ± 20

Prospect Park, NJ has a large population of military personnel who served in Gulf War (2001-), 4.92 times greater than any other conflict.

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Housing & Living

The median property value in Prospect Park, NJ was $259,800 in 2017, which is 1.19 times larger than the national average of $217,600. Between 2016 and 2017 the median property value increased from $249,800 to $259,800, a 4% increase. The homeownership rate in Prospect Park, NJ is 44%, which is lower than the national average of 63.9%. People in Prospect Park, NJ have an average commute time of 23.7 minutes, and they commute by Drove Alone. Car ownership in Prospect Park, NJ is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$50,938

Median Household Income

± $9,914

1.66k

Number of Households

± 230

In 2017, the median household income of the 1.66k households in Prospect Park, NJ declined from $50,938 from the previous year's value of $54,009.

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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Housing

Property Value

$259,800

2017 Median

± $15,114

$249,800

2016 Median

± $19,025

In 2017, the median property value in Prospect Park, NJ grew to to $259,800 from the previous year's value of $249,800.

The following charts display, first, the property values in Prospect Park, NJ 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 Park, NJ the largest share of households have a property value in the $250k - $300k range.

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Property Taxes

$3k+

Average Range

This chart shows the households in Prospect Park, NJ 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.

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Rent vs Own

44%

2017 Homeownership

46.4%

2016 Homeownership

In 2017, 44% of the housing units in Prospect Park, NJ were occupied by their owner. This percentage declined from the previous year's rate of 46.4%.

This percentage of owner-occupation is lower than the national average of 63.9%. This chart shows the ownership percentage in Prospect Park, NJ compared it's parent and neighboring geographies.

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Transportation

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, followed by 1 car.

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Commute Time

23.7 minutes

Average Travel Time

Using averages, employees in Prospect Park, NJ have a shorter commute time (23.7 minutes) than the normal US worker (25.1 minutes). Additionally, 2.82% 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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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    73.6%

  2. Carpooled

    10.5%

  3. Public Transit

    8.05%

In 2017, the most common method of travel for workers in Prospect Park, NJ was Drove Alone, followed by those who Carpooled and those who Public Transit.

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