Prospect, Kentucky
Encyclopedia
Prospect is a city in far northeastern Jefferson
Jefferson County, Kentucky
As of the census of 2000, there were 693,604 people, 287,012 households, and 183,113 families residing in the county. The population density was . There were 305,835 housing units at an average density of...

 and southwestern Oldham
Oldham County, Kentucky
As of the census of 2000, there were 46,178 people, 14,856 households, and 12,196 families residing in the county. The population density was . There were 15,541 housing units at an average density of...

 Counties in the U.S. state
U.S. state
A U.S. state is any one of the 50 federated states of the United States of America that share sovereignty with the federal government. Because of this shared sovereignty, an American is a citizen both of the federal entity and of his or her state of domicile. Four states use the official title of...

 of Kentucky
Kentucky
The Commonwealth of Kentucky is a state located in the East Central United States of America. As classified by the United States Census Bureau, Kentucky is a Southern state, more specifically in the East South Central region. Kentucky is one of four U.S. states constituted as a commonwealth...

, along the Ohio River
Ohio River
The Ohio River is the largest tributary, by volume, of the Mississippi River. At the confluence, the Ohio is even bigger than the Mississippi and, thus, is hydrologically the main stream of the whole river system, including the Allegheny River further upstream...

. The city is a suburb of Louisville, Kentucky
Louisville, Kentucky
Louisville is the largest city in the U.S. state of Kentucky, and the county seat of Jefferson County. Since 2003, the city's borders have been coterminous with those of the county because of a city-county merger. The city's population at the 2010 census was 741,096...

. It's one of few cities in Jefferson County that extend into another county. The population was 4,657 at the 2000 census. It is bordered by Oldham County to the northeast, the river to the west, and the Harrods Creek area to the southwest. U.S. Route 42
U.S. Route 42
U.S. Route 42 is an east–west United States highway that runs northeast-southwest for 355 miles from Cleveland, Ohio to Louisville, Kentucky. The route has several names including Pearl Road from Cleveland to Medina in Northeast Ohio, the Cincinnati and Lebanon Pike in southwestern Ohio and...

 is the primary transportation artery running through the area. Prospect is the ninth wealthiest place
Kentucky locations by per capita income
Kentucky is the fortieth richest state in the United States of America, with a per capita income of $18,093 .- Kentucky Places by Per Capita Income :# Mockingbird Valley, Kentucky – $134,745# Glenview, Kentucky – $85,094...

 in Kentucky, and the third wealthiest of places with a population over 1,000.

It was first settled in the late 18th century, along with the rest of the area, and was agricultural until the construction of the Louisville, Harrods Creek and Westport Railroad in the 1870s. The area was originally known as Sand Hill, and the new self-promotional name emerged when it was time to choose a name for a post office around 1900.

Although a few luxury residences existed in the area since the late 19th century, it was largely agricultural until the mid-1960s when large, high-end subdivisions were built in the area, most notably Hunting Creek, which included a golf course. Prospect incorporated as a city in 1974.

Geography

Prospect is located at 38°20′24"N 85°36′20"W (38.340126, -85.605627).

According to the United States Census Bureau
United States Census Bureau
The United States Census Bureau is the government agency that is responsible for the United States Census. It also gathers other national demographic and economic data...

, the city has a total area of 4.0 square miles (10.4 km²).None of the area is covered with water.

Demographics

As of the 2000 census
Census
A census is the procedure of systematically acquiring and recording information about the members of a given population. It is a regularly occurring and official count of a particular population. The term is used mostly in connection with national population and housing censuses; other common...

, there were 4,657 people, 1,732 households, and 1,423 families residing in the city. The population density
Population density
Population density is a measurement of population per unit area or unit volume. It is frequently applied to living organisms, and particularly to humans...

 was 1,158.4 people per square mile (447.3/km²). There were 1,847 housing units at an average density of 459.4 per square mile (177.4/km²). The racial makeup of the city was 92.91% White, 3.39% African American, 0.26% Native American, 2.06% Asian, 0.02% Pacific Islander, 0.21% from other races
Race (United States Census)
Race and ethnicity in the United States Census, as defined by the Federal Office of Management and Budget and the United States Census Bureau, are self-identification data items in which residents choose the race or races with which they most closely identify, and indicate whether or not they are...

, and 1.14% from two or more races. Hispanic or Latino of any race were 0.64% of the population.

Prospect is Kentucky's best educated city, proportionately, with 74.4% of adult residents (25 and older) holding an associate degree or higher, and 69.9% of adults possessing a baccalaureate degree or higher (2000 Census).

There were 1,732 households out of which 38.0% had children under the age of 18 living with them, 76.3% were married couples
Marriage
Marriage is a social union or legal contract between people that creates kinship. It is an institution in which interpersonal relationships, usually intimate and sexual, are acknowledged in a variety of ways, depending on the culture or subculture in which it is found...

 living together, 4.4% had a female householder with no husband present, and 17.8% were non-families. 15.8% of all households were made up of individuals and 5.1% had someone living alone who was 65 years of age or older. The average household size was 2.69 and the average family size was 3.01.

In the city the population was spread out with 27.5% under the age of 18, 3.7% from 18 to 24, 23.3% from 25 to 44, 35.5% from 45 to 64, and 10.1% who were 65 years of age or older. The median age was 43 years. For every 100 females there were 97.2 males. For every 100 females age 18 and over, there were 94.8 males.

The median income for a household in the city was $111,170, and the median income for a family was $124,131. Males had a median income of $100,000 versus $42,159 for females. The per capita income
Per capita income
Per capita income or income per person is a measure of mean income within an economic aggregate, such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate and dividing it by the total population...

 for the city was $51,469. 1.5% of the population and 0.8% of families were below the poverty line.

The home ownership rate (owner-occupied housing units to total units) is 92.9%.

External links




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