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Population & People
Population
6,411
Median age
33.7
Median household income
$63,077
Poverty rate
9.2%
Unemployment rate
6.6%
Bachelor's degree+
22.9%
Avg. commute
20 min
Hispanic or Latino
0.1%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$244,600
Median gross rent
$1,183/mo
Homeownership rate
57.99%
HUD FMR — 2 bedroom
$1,225
HUD Fair Market Rent (Pennsylvania statewide average across 67 areas — not specific to Prospect Park), 2026. Efficiency $900, 1BR $996, 2BR $1225, 3BR $1570, 4BR $1744. This is a different official figure from Census median gross rent above.
Energy
Pennsylvania commercial electricity
12.44¢/kWh
Pennsylvania industrial electricity
9.36¢/kWh
Pennsylvania residential electricity
19.3¢/kWh
Economy
Gross Domestic Product: All Industry Total
1056446.3
Real Gross Domestic Product: All Industry Total
818787.5
All-Transactions House Price Index for Pennsylvania
733.19
Unemployment Rate
3.9%
Source: FRED, Pennsylvania-specific series.