HomeKentuckyJefferson CountyProspect city
Prospect city, Kentucky: commercial real estate data.
Prospect city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Prospect borrowers
- 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
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Prospect
SBA 504 lending to Prospect borrowers
- 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
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
These are Jefferson County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Prospect measurements.
- Establishments in Jefferson County20,164
- Employment at those establishments, Jefferson County470,153
- Covered employment, Jefferson County482,313
- Average annual pay, Jefferson County$71,280
- Average weekly wage, Jefferson County$1,371
- Housing units permitted, Jefferson County2,863
- Of those, single family, Jefferson County1,173
- County product, 2024, Jefferson County$78,803,068,000
- County product change over the prior year, Jefferson County3.4 percent
- Average income of an arriving household, Jefferson County$69,779
Every figure in this section is published for Jefferson County as a whole and is not a measurement of Prospect. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $10.4 m, across 9 lenders, median approval $350,000, plus 7 504 approvals worth $3.8 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Prospect figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.