Prospect, OH
Population 1,330 · Ohio
About Prospect, OH
Prospect is a small community in Ohio with a population of 1,330 residents. The median household income is $68,807 per year, which is near the national average. The median age in Prospect is 30 years.
Housing in Prospect has a median home value of $162,100 and median monthly rent of $1,102. Of the 516 total housing units, the majority are owner-occupied, with 320 owner-occupied and 149 renter-occupied units.
The unemployment rate in Prospect is 3.7% and the poverty rate is 7.2%. 15.2% of residents hold a bachelor's degree or higher. The average commute time is 28.8 minutes.
Cost of Living in Prospect, OH
Compared to national averages, Prospect has a median household income of $68,807 (8% below the national median of $75,149). Home values average $162,100, which is 34% below the national median. Monthly rent at $1,102 is 5% below the US average of $1,163. Within Ohio, Prospect's income is 4% below the state average of $71,814, and home values are 7% below the state median of $174,449.
Why Live in Prospect, OH?
Prospect offers affordable housing with a median home value of $162,100, below the US average of $244,900, and rent that’s lower than the national average at $1,102/month, and a low poverty rate of 7.2%, better than the national average.
Potential considerations include median household income ($68,807) 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 1,330 with a median age of 30 years. Compare Prospect with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Prospect
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Payne | 1,329 | $56,250 | $107,500 | Compare |
| Tuscarawas | 1,331 | $73,977 | $147,100 | Compare |
| New Paris | 1,338 | $45,592 | $86,500 | Compare |
| Smithville | 1,339 | $70,750 | $186,000 | Compare |
| Etna | 1,341 | $120,089 | $274,000 | Compare |
| Wetherington | 1,317 | $196,167 | $607,300 | Compare |
| Castalia | 1,348 | $51,798 | $179,300 | Compare |
| Butler | 1,359 | $71,875 | $134,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
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, OH?
The population of Prospect, OH is 1,330 according to the latest Census data.
What is the median household income in Prospect?
The median household income in Prospect, OH is $68,807 per year.
What is the median home value in Prospect?
The median home value in Prospect, OH is $162,100.
What is the average rent in Prospect?
The median monthly rent in Prospect, OH is $1,102.
What is the unemployment rate in Prospect?
The unemployment rate in Prospect, OH is 3.7%.