HomePennsylvaniaButler CountyProspect borough
Prospect borough, Pennsylvania: commercial real estate data.
Prospect borough is a Census borough of 1,157 people across 4.08 square miles of land, in Butler County. Median household income is $88,250, 90.6 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $1.1 m.
80 sourced place values · tier FULL · 9 sections
Prospect
What Prospect is
- Census place typeborough
- Land area4.08 sq mi
- Water area0 sq mi
- Population per square mile of land283
- County holding the largest share of its areaButler County, 100.0 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
- Population1,157
- Median age43.5
- Population under 18199 plus or minus 55
- Share under 1817.2 percent plus or minus 3.8
- Population 65 and over200 plus or minus 49
- Share 65 and over17.3 percent
- Households404
- Family households305
- Share of households that are families75.5 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$88,250
- Per capita income$37,406
- Civilian labor force585 plus or minus 121
- Employed555 plus or minus 112
- Unemployed30 plus or minus 23
- Unemployment rate5.1 percent plus or minus 3.8
- Adults 25 and over812
- Adults 25 and over with a high school diploma or higher96.9 percent
- Adults 25 and over with a bachelor degree or higher22.2 percent plus or minus 4.7
- Adults 25 and over with a graduate degree6.0 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect
Housing in Prospect
- Housing units465
- Occupied units404
- Vacant units61 plus or minus 33
- Vacancy rate13.1 percent plus or minus 6.9
- Owner occupied366
- Renter occupied38 plus or minus 24
- Ownership rate90.6 percent
- Median owner-occupied home value$171,300 plus or minus $48,967
- Median gross rent, monthly$873
- Annual rent as a share of median income11.9 percent plus or minus 2.8
- Single family units356
- Share single family76.6 percent
- Units in buildings of two or more7 plus or minus 13
- Share in buildings of two or more1.5 percent plus or minus 2.9
- Mobile homes102 plus or minus 32
- Median year structure built1971
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 commute491 plus or minus 111
- Commuting under 15 minutes91 plus or minus 33
- Share commuting under 15 minutes18.5 percent plus or minus 5.2
- Commuting 30 minutes or more164 plus or minus 41
- Share commuting 30 minutes or more33.4 percent
- Drove alone73.3 percent
- Carpooled12.4 percent plus or minus 6.4
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home11.5 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect
SBA 7(a) lending to Prospect borrowers
- Approvals2
- Gross approval$1,135,200
- Average approval$567,600
- Median approval$1,100,000
- Ninetieth percentile approval$1,100,000
- Largest approval$1,100,000
- Jobs supported5
- Jobs per approval2.5
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term306 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises50.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
A charge-off rate is not published here. only 2 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
- Approvals1
- Gross approval$1,349,000
- Average approval$1,349,000
- Median approval$1,349,000
- Largest approval$1,349,000
- Jobs supported24
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Prospect
Flood programme status in Prospect
- Listed NFIP communities1
- Of those, participating1
- NFIP community number422356
- Currently effective map date08/02/18(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Butler County, not Prospect
Butler County context, not Prospect figures
These are Butler 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 Butler County5,083
- Employment at those establishments, Butler County86,610
- Covered employment, Butler County88,461
- Average annual pay, Butler County$65,579
- Average weekly wage, Butler County$1,261
- Housing units permitted, Butler County976
- Of those, single family, Butler County946
- County product, 2024, Butler County$14,517,627,000
- County product change over the prior year, Butler County4.4 percent
- Average income of an arriving household, Butler County$96,546
Every figure in this section is published for Butler 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.
- 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, Pennsylvania?
1,157, in 404 households. Prospect borough covers 4.08 square miles of land, which is 283 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?
Butler County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Prospect?
$88,250. The median owner-occupied home is valued at $171,300. Median gross rent is $873 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?
2 7(a) approvals totalling $1.1 m, across 1 lenders, median approval $1,100,000, plus 1 504 approvals worth $1.3 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 2 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.
Is Prospect in the National Flood Insurance Program?
Yes. Prospect appears in the FEMA Community Status Book as community 422356, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
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 Butler 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.