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Prospect, KY

City in Jefferson County, Kentucky. ZIP codes: 40059.

Population

4,542

Land area

3.8sq mi

People per sq mi

1,186

ZIP codes

1

Prospect and its ZIP codes

Prospect at a glance

  • Prospect is about 10 times as dense as Kentucky as a whole.
  • By population, it ranks 92nd among 552 cities and towns in Kentucky.
  • The median household income is $163,462, about 2.6 times the Kentucky median of $63,726.
  • A typical owner-occupied home is valued at $538,400 (about 2.6 times the Kentucky figure) and median rent is $1,193 a month.

Local data for Prospect, KY

Counts from official public data

Housing and community stats

Prospect, KY, American Community Survey 2020-2024

Full profile

Median household income

$163,462

Poverty rate

2.4%

Median home value

$538,400

Median rent

$1,193/mo

Homeownership

93.3%

Bachelor's or higher

74.4%

Median age

54.5

Average commute

22.4 min

Largest reported origins and ancestries: German Americans (907), Irish Americans (626), Italian Americans (280).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Jefferson County. PPP loans are for Prospect.

Details

Unemployment rate

4.3%

Aug 2026, 0.0 pts in a year

Average annual pay

$74,424

480,013 jobs, 2025

Income per person

$70,646

BEA, 2024

Federal spending

$136B

FY 2026, $173,940 per person

Jefferson County economyFederal spending

How people get to work

Prospect, KY, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone67.8%
  • Carpooled12.1%
  • Public transit0.0%
  • Walked0.0%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other0.0%
  • Worked from home20.0%

Average one-way commute: 22.4 minutes for people who do not work from home.

Environment and hazard risk

Prospect, KY, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively High

Top: tornado

Storm events since 1996

1,111

Countywide, mostly thunderstorm wind

Flood insurance policies

2,982

1.2% of homes, county

July high / Jan low

88° / 27°F

48.1 inches of rain a year

Hazards, floods and storm historyCheck a flood zone4 historic places

ZIP codes in Prospect

1 in or overlapping Prospect. Population shown

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Cities near Prospect

Frequently asked questions

What county is Prospect, KY in?
Prospect is in Jefferson County, Kentucky.
What ZIP codes are in Prospect, KY?
ZIP codes in or overlapping Prospect include 40059.
What is the population of Prospect, KY?
About 4,542 people live in Prospect, based on American Community Survey 5-year estimates.
What cities are near Prospect?
Nearby places include River Bluff (1.7 mi), Green Spring (2.2 mi), Brownsboro Farm (3 mi), Utica, IN (3.2 mi), Barbourmeade (3.3 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023