HomeKentuckyJefferson CountyProspect
Prospect, Kentucky: commercial real estate data.
Prospect is a Census city of 4,542 people across 3.83 square miles of land, in Jefferson County. Median household income is $163,462, 93.3 percent of occupied homes are owned, and the SBA record carries 21 7(a) approvals to borrowers here worth $10.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Prospect
What Prospect is
- Census place typecity
- Land area3.83 sq mi
- Water area0.07 sq mi
- Population per square mile of land1,186
- County holding the largest share of its areaJefferson County, 98.8 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect
How many people live in Prospect
- Population4,542
- Median age54.5
- Population under 18845 plus or minus 189
- Share under 1818.6 percent plus or minus 4.2
- Population 65 and over1,384
- Share 65 and over30.5 percent
- Households1,958
- Family households1,421
- Share of households that are families72.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect
Income and work in Prospect
- Median household income$163,462
- Per capita income$101,504
- Civilian labor force2,222
- Employed2,129
- Unemployed93 plus or minus 92
- Unemployment rate4.2 percent plus or minus 4.1
- Adults 25 and over3,408
- Adults 25 and over with a high school diploma or higher98.9 percent
- Adults 25 and over with a bachelor degree or higher74.4 percent
- Adults 25 and over with a graduate degree39.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect
Housing in Prospect
- Housing units2,088
- Occupied units1,958
- Vacant units130 plus or minus 90
- Vacancy rate6.2 percent plus or minus 4.3
- Owner occupied1,826
- Renter occupied132 plus or minus 76
- Ownership rate93.3 percent
- Median owner-occupied home value$538,400
- Median gross rent, monthly$1,193
- Annual rent as a share of median income8.8 percent
- Single family units1,926
- Share single family92.2 percent
- Units in buildings of two or more148 plus or minus 82
- Share in buildings of two or more7.1 percent plus or minus 3.9
- Mobile homes14 plus or minus 22
- Median year structure built1990
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect
How Prospect gets to work
- Workers 16 and over who commute1,635
- Commuting under 15 minutes152 plus or minus 79
- Share commuting under 15 minutes9.3 percent plus or minus 4.7
- Commuting 30 minutes or more313 plus or minus 102
- Share commuting 30 minutes or more19.1 percent plus or minus 5.7
- Drove alone67.8 percent
- Carpooled12.1 percent plus or minus 7.0
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home20.0 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect
SBA loans in Prospect (7(a))
- Approvals21
- Gross approval$10,433,300
- Average approval$496,824
- Median approval$350,000
- Ninetieth percentile approval$1,067,300
- Largest approval$2,681,300
- Jobs supported510
- Jobs per approval24.3
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises28.6 percent
- Distinct lenders9
- Distinct industries by NAICS18
Counted by borrower city: approvals to borrowers whose address is in Prospect, in any county, FY2020 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Prospect
SBA loans in Prospect (504)
- Approvals7
- Gross approval$3,781,000
- Average approval$540,143
- Median approval$304,000
- Largest approval$1,291,000
- Jobs supported82
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Prospect, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Jefferson County, not Prospect
Jefferson County context, not Prospect figures
- Establishments in Jefferson County20,164
- Covered employment, Jefferson County482,313
- Average annual pay, Jefferson County$71,280
- Housing units permitted, Jefferson County2,863
Every figure in this section is published for Jefferson County as a whole and is not a measurement of Prospect.
All Jefferson County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Prospect questions, answered from the record.
How many people live in Prospect, Kentucky?
4,542, in 1,958 households. Prospect city covers 3.83 square miles of land, which is 1,186 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Prospect in?
Jefferson County, which holds 98.8 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Prospect?
$163,462. The median owner-occupied home is valued at $538,400. Median gross rent is $1,193 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Prospect businesses?
21 7(a) approvals totaling $10.4 m since FY2020, across 9 lenders, median approval $350,000, plus 7 504 approvals worth $3.8 m since FY2010. These count approvals to borrowers whose address is in Prospect, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Prospect borrowers get paid back?
No rate is published for Prospect. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Prospect figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Jefferson County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Prospect.
Is zoning published for Prospect?
No. Nothing on this page presents parcel level zoning.