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Prospect, New York Demographic Information
Overview of Prospect, New York
Prospect is a small village located in Herkimer County, New York, with a ZIP code of 96863. This area offers a rural atmosphere, with a close-knit community and easy access to the surrounding scenic landscapes of New York State.
Population Information
The population of Prospect is relatively small, offering a quieter lifestyle compared to larger urban areas.
Population Breakdown
- Total Population: Approximately 800 residents
- Gender Distribution: 50% male, 50% female
- Age Distribution:
- Children (0-17 years): 20%
- Adults (18-64 years): 60%
- Seniors (65+ years): 20%
Ethnic Composition
The population in Prospect is predominantly of European descent, with a mix of other ethnicities present.
Ethnicity Breakdown
| Ethnicity | Percentage |
|---|---|
| Caucasian | 85% |
| Hispanic or Latino | 8% |
| African American | 3% |
| Asian | 2% |
| Other | 2% |
Income and Employment
Prospect has a varied economic landscape, with most households in the area earning a middle-class income.
Median Household Income
- Median Household Income: $55,000 per year
- Per Capita Income: $25,000 per year
Employment Breakdown
- Labor Force Participation Rate: 60%
- Unemployment Rate: 5%
Education Levels
Education plays an important role in Prospect, with residents attending local schools or commuting to nearby towns for higher education opportunities.
Educational Attainment
- High School Graduates: 90%
- Bachelor’s Degree: 25%
- Graduate or Professional Degree: 10%
Housing Information
Prospect offers a variety of housing types, from single-family homes to small apartments.
Housing Statistics
- Median Home Value: $120,000
- Homeownership Rate: 75%
- Rental Occupancy Rate: 25%
Community and Lifestyle
Prospect is known for its strong sense of community and the slower pace of life, attracting those looking for a peaceful living environment.