Is Prospect, Kentucky a Good Place To Live? - Living In Prospect, KY

Is Prospect, Kentucky a good place to live?
Prospect is a city in Kentucky state in USA with a population of 4896 residents.. The poverty rate of Prospect is 0.8%, which is 94% lower than national average. The typical household in Prospect earns $145511 a year, compared to the national median of $67,500. Nearly 17.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Prospect, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Prospect remained 1.7%, which is 64% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Prospect, only 74% of adults have a bachelor's degree and 16% have some college but no degree.

Cost of living in Prospect is 0, which is 100% lower than national average. Median home value in Prospect is $388300 , which is 69% higher than national average. While median income in Prospect remained $145511, which is 116% higher than national average.
Population
4896
Unemployment
1.7%
64% NAT AVG.
Poverty
0.8%
94% NAT AVG.
Overall Score
10
Median Home Cost
$388300
69% NAT AVG.
Median Income
$145511
116% NAT AVG.
Median Rent
$1140
2% NAT AVG.
People Living BPL
1 in 125
Unemployed People
1 in 59
People Earning < $10,000
1 in 143
People Earning < $50,000
17.9%
People with <= High School
1 in 10
People With Any Degree
1 in 1.3
Pros & Cons Overview

Jobs95%

Housing85%

Affordability85%

Safety90%

Amenities80%

Diversity60%

Education100%

Commute80%