Income & Economy in Prospect, OH

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$68,807

-6% vs national

Per Capita Income

$27,386

-26% vs national

Poverty Rate

7.2%

-47% vs national

Gini Index

0.3559

0 = perfect equality

Unemployment

3.7%

-30% vs national

SNAP Recipients

11.1%

of households

How Prospect Compares

Source: Census ACS (2023)

Prospect vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Prospect is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Prospect. The median household income here is $68,807.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
11.3%
$25-50K
20.9%
$50-75K
24.3%
$75-100K
11.9%
$100-150K
26.2%
$150-200K
2.6%
$200K+
2.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.7%

-24% vs OH avg

Labor Force

547

Employed

527

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

9.1%

of adults 25+

High School Diploma+

34.1%

of adults 25+

Median Age

30.0

Work from Home

1.7%

of workers

The median household income in Prospect, OH is $68,807, which is 6.0% below the national average of $73,224. Per capita income is $27,386. The poverty rate of 7.2% is lower than the OH state average of 12.6%. The Gini index of income inequality is 0.3559, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.7%, compared to the state average of 4.8%. 9.1% of adults hold a bachelor's degree or higher.