Prospect Park, PA
Population 6,402 · Pennsylvania
About Prospect Park, PA
Prospect Park is a small community in Pennsylvania with a population of 6,402 residents. The median household income is $65,774 per year, which is near the national average. The median age in Prospect Park is 38 years.
Housing in Prospect Park has a median home value of $239,700 and median monthly rent of $1,154. Of the 2,671 total housing units, the majority are owner-occupied, with 1,458 owner-occupied and 1,087 renter-occupied units.
The unemployment rate in Prospect Park is 5.6% and the poverty rate is 13.4%. 23.2% of residents hold a bachelor's degree or higher. The average commute time is 21.4 minutes.
Cost of Living in Prospect Park, PA
Compared to national averages, Prospect Park has a median household income of $65,774 (12% below the national median of $75,149). Home values average $239,700, which is 2% below the national median. Monthly rent at $1,154 is 1% below the US average of $1,163. Within Pennsylvania, Prospect Park's income is 10% below the state average of $73,376, and home values are 26% above the state median of $190,903.
Why Live in Prospect Park, PA?
Prospect Park offers affordable housing with a median home value of $239,700, below the US average of $244,900, and rent that’s lower than the national average at $1,154/month, and short commute times averaging just 21.4 minutes.
Potential considerations include median household income ($65,774) that falls below the national average. However, Prospect Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Prospect Park has a population of 6,402 with a median age of 38 years. Compare Prospect Park with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Prospect Park
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blue Bell | 6,450 | $159,963 | $581,500 | Compare |
| Forest Hills | 6,332 | $86,802 | $182,200 | Compare |
| Catasauqua | 6,491 | $74,363 | $201,600 | Compare |
| Red Lion | 6,494 | $63,672 | $172,000 | Compare |
| Swarthmore | 6,524 | $146,992 | $557,900 | Compare |
| Steelton | 6,267 | $55,963 | $124,200 | Compare |
| Taylor | 6,261 | $60,446 | $169,800 | Compare |
| Milton | 6,582 | $53,552 | $172,100 | 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 Prospect Park
What is the population of Prospect Park, PA?
The population of Prospect Park, PA is 6,402 according to the latest Census data.
What is the median household income in Prospect Park?
The median household income in Prospect Park, PA is $65,774 per year.
What is the median home value in Prospect Park?
The median home value in Prospect Park, PA is $239,700.
What is the average rent in Prospect Park?
The median monthly rent in Prospect Park, PA is $1,154.
What is the unemployment rate in Prospect Park?
The unemployment rate in Prospect Park, PA is 5.6%.