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Prospect Park, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for Prospect Park.

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Community Insights

Highly Educated
24% hold a bachelor's degree
top 21% nationally
Leading Industries
Arts, Food & Hospitality · Finance & Insurance · Healthcare
10% arts, food & hospitality
Home Value Growth⬆⬆
+20.2% over 2 years
Family-Friendly
29% of residents
well above average
Renters
58% of occupied units

People & Demographics

Total Population6,319
Households
Under 18
29.0%
Age 18–34
25.0%
Age 35–64
33.0%
Age 65+
12.0%
Veterans
0.0%
Active Duty
0.0%

Housing & Living

Median Home Value$406,800
Median Gross Rent$1,647/mo
Owner Occupied
42.0%
Renter Occupied
58.0%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$53,125
Poverty Rate

Key Industries

Healthcare13.0%
Professional Services0.0%
Manufacturing0.0%
Retail12.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities48 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
24.0%
Master's or Higher
6.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Prospect Park?

The total population of Prospect Park is approximately 6,319. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Prospect Park walkable and transit-friendly?

Based on local geographic data, Prospect Park has an amenity and walkability score of 48/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Prospect Park?

The housing market in Prospect Park is predominantly driven by renters, with 42% of housing units being owner-occupied and 58% being renter-occupied.

What is the education level of residents in Prospect Park?

In Prospect Park, approximately 24% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.