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The total population of Prospect town is estimated to be 818 with 405 males (49.51%) and 413 females (50.49%). There are 8 more females than males in Prospect town.
The median household income in Prospect town was $69,219 in 2021, which marked an an increase of 1,231(1.81%) from $67,988 in 2020. This income is 92.78% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Prospect town sees its highest median household income among householders in the age group of 25 to 44 years old, at $93,229. Overall, the median household income for the town of Prospect town stands at $69,219.
In Prospect town, the median income for all workers aged 15 years and older, regardless of work hours, was $36,211 for males and $28,193 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,452 for males and $39,183 for females.
In Prospect town, population is primarily represented by White households, reporting a median income of $69,021.
In 2022, the population of Prospect town was 706, a 0.43% increase year-by-year from 2021. Previously, in 2021, Prospect town's population was 703, an increase of 0.86% compared to a population of 697 in 2020.
The median age in Prospect, Maine is 43.7, as per 2021 ACS 5-Year Estimates. Of the total population, 20.00% were under the age of 15, 16.98% aged 15 to 29, 45.91% aged 30 to 64, 16.60% aged 65 to 84, and 0.50% were 85 years of age and older.
Racial distribution of Prospect town population: 96.10% are White, 0.25% are Black or African American and 3.65% are multiracial.