Prospect, LA
Population 488 · Louisiana
About Prospect, LA
Prospect is a small community in Louisiana with a population of 488 residents. The median household income is $0 per year, which is below the national average. The median age in Prospect is 47.2 years.
Housing in Prospect has a median home value of $167,900 and median monthly rent of $0. Of the 254 total housing units, the majority are owner-occupied, with 178 owner-occupied and 0 renter-occupied units.
The unemployment rate in Prospect is 0.0% and the poverty rate is 4.7%. 14.6% of residents hold a bachelor's degree or higher. The average commute time is 17.6 minutes.
Cost of Living in Prospect, LA
Compared to national averages, Prospect has a median household income of $0 (100% below the national median of $75,149). Home values average $167,900, which is 31% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Louisiana, Prospect's income is 100% below the state average of $54,685, and home values are 7% above the state median of $156,619.
Why Live in Prospect, LA?
Prospect offers affordable housing with a median home value of $167,900, 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 4.7%, better than the national average, and short commute times averaging just 17.6 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 488 with a median age of 47.2 years. Compare Prospect with other cities to see how it stacks up, or explore all cities in Louisiana.
Similar Cities Near Prospect
Cities in Louisiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Echo | 490 | $124,145 | $372,400 | Compare |
| Longville | 491 | $29,483 | $0 | Compare |
| Sun | 491 | $0 | $180,900 | Compare |
| Boothville | 481 | $24,700 | $77,300 | Compare |
| Tangipahoa | 495 | $18,750 | $0 | Compare |
| Siracusaville | 498 | $75,201 | $89,100 | Compare |
| South Mansfield | 500 | $15,592 | $0 | Compare |
| Union | 472 | $82,750 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Louisiana
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, LA?
The population of Prospect, LA is 488 according to the latest Census data.
What is the median household income in Prospect?
The median household income in Prospect, LA is $0 per year.
What is the median home value in Prospect?
The median home value in Prospect, LA is $167,900.
What is the average rent in Prospect?
The median monthly rent in Prospect, LA is $0.
What is the unemployment rate in Prospect?
The unemployment rate in Prospect, LA is 0.0%.