East Prospect, PA
Population 755 · Pennsylvania
About East Prospect, PA
East Prospect is a small community located in Pennsylvania with a population of 755 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,139 per year, which is 13% above the national median of $75,149. The median age of 33.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in East Prospect features a median home value of $191,200, which is 22% below the national median of $244,900. This positions East Prospect in a moderately priced market relative to the rest of the country. Median monthly rent is $886, 24% below the national average of $1,163/month. Of the 302 total housing units, 92% are owner-occupied (253 units) and 8% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in East Prospect shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in East Prospect have an average one-way commute time of 25.6 minutes.
Education & Demographics
16.5% of East Prospect residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.1% White, 0.0% Hispanic or Latino, 0.4% Black or African American, and 1.6% Asian residents, with 3.6% of the population being foreign-born.
Cost of Living in East Prospect, PA
Compared to national averages, East Prospect has a median household income of $85,139 (13% above the national median of $75,149). Home values average $191,200, which is 22% below the national median. Monthly rent at $886 is 24% below the US average of $1,163. Within Pennsylvania, East Prospect's income is 16% above the state average of $73,376, and home values are 0% above the state median of $190,903.
Why Live in East Prospect, PA?
East Prospect offers a strong local economy with a median household income of $85,139, well above the national average, and affordable housing with a median home value of $191,200, below the US average of $244,900, and rent that’s lower than the national average at $886/month. Additionally, the city features a strong job market with an unemployment rate of just 3.3%, and a low poverty rate of 2.7%, better than the national average.
East Prospect has a population of 755 with a median age of 33.3 years. Compare East Prospect with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near East Prospect
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Koppel | 755 | $61,518 | $100,000 | Compare |
| Port Royal | 754 | $62,232 | $145,200 | Compare |
| Sandy Lake | 752 | $67,292 | $165,800 | Compare |
| Ringtown | 759 | $96,250 | $172,200 | Compare |
| Union Deposit | 751 | $112,561 | $273,200 | Compare |
| Chalfant | 750 | $58,116 | $110,000 | Compare |
| Sligo | 750 | $52,500 | $111,500 | Compare |
| Wiconsico | 750 | $66,023 | $79,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about East Prospect
What is the population of East Prospect, PA?
The population of East Prospect, PA is 755 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in East Prospect?
The median household income in East Prospect, PA is $85,139 per year, which is 13% above the national median of $75,149.
What is the median home value in East Prospect?
The median home value in East Prospect, PA is $191,200, which is 22% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in East Prospect?
The median monthly rent in East Prospect, PA is $886, which is 24% below the national average of $1,163/month.
What is the unemployment rate in East Prospect?
The unemployment rate in East Prospect, PA is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is East Prospect, PA a good place to live?
East Prospect offers above-average incomes, affordable housing, and a strong job market. With a population of 755 and a median age of 33.3, the city appeals to young professionals and families.
How educated is East Prospect, PA?
16.5% of residents in East Prospect aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in East Prospect?
Key cost-of-living indicators for East Prospect, PA: median home value is $191,200 (22% below national), median rent is $886/month, and median household income is $85,139. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in East Prospect?
The poverty rate in East Prospect, PA is 2.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is East Prospect, PA?
East Prospect's population is 1.1% White, 0.0% Hispanic or Latino, 0.4% Black or African American, 1.6% Asian, and 1.7% two or more races. 3.6% of residents are foreign-born.