Prospect, IN
Population 102 · Indiana
About Prospect, IN
Prospect is a small community in Indiana with a population of 102 residents. The median household income is $0 per year, which is below the national average. The median age in Prospect is 63.9 years.
Housing in Prospect has a median home value of $215,000 and median monthly rent of $0. Of the 115 total housing units, renting is more common than owning, with 28 owner-occupied and 37 renter-occupied units.
The unemployment rate in Prospect is 0.0% and the poverty rate is 10.8%. 0.0% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Prospect, IN
Compared to national averages, Prospect has a median household income of $0 (100% below the national median of $75,149). Home values average $215,000, which is 12% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Prospect's income is 100% below the state average of $69,330, and home values are 32% above the state median of $163,409.
Why Live in Prospect, IN?
Prospect offers affordable housing with a median home value of $215,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 10.8%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Prospect’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Prospect has a population of 102 with a median age of 63.9 years. Compare Prospect with other cities to see how it stacks up, or explore all cities in Indiana.
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Prospect
What is the population of Prospect, IN?
The population of Prospect, IN is 102 according to the latest Census data.
What is the median household income in Prospect?
The median household income in Prospect, IN is $0 per year.
What is the median home value in Prospect?
The median home value in Prospect, IN is $215,000.
What is the average rent in Prospect?
The median monthly rent in Prospect, IN is $0.
What is the unemployment rate in Prospect?
The unemployment rate in Prospect, IN is 0.0%.