Prospect is a very small village located in the state of Ohio. With a population of 1,052 people and just one neighborhood, Prospect is the 573rd largest community in Ohio. Much of the housing stock in Prospect was built prior to World War II, making it one of the older and more historic villages in the country.
Unlike some villages, Prospect isn鈥檛 mainly white- or blue-collar. Instead, the most prevalent occupations for people in Prospect are a mix of both white- and blue-collar jobs. Overall, Prospect is a village of service providers, professionals, and production and manufacturing workers. There are especially a lot of people living in Prospect who work in food service (9.68%), healthcare (9.30%), and office and administrative support (7.21%).
One downside of living in Prospect is that it can take a long time to commute to work. In Prospect, the average commute to work is 30.98 minutes, which is quite a bit higher than the national average.
Prospect is a small village, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
In terms of college education, the citizens of Prospect rank slightly lower than the national average. 15.16% of adults 25 and older in Prospect have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.
The per capita income in Prospect in 2022 was $27,386, which is lower middle income relative to Ohio and the nation. This equates to an annual income of $109,544 for a family of four. However, Prospect contains both very wealthy and poor people as well.
The people who call Prospect home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prospect residents report their race to be White, followed by Asian. Important ancestries of people in Prospect include German, Irish, English, European, and Welsh.
The most common language spoken in Prospect is English. Other important languages spoken here include Italian and Polish.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to 蘑菇视频's exclusive exploration and analysis.
Did you know that the neighborhood has more Scottish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.3% of this neighborhood's residents have Scottish ancestry and 22.2% have English ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Prospect are upper-middle income, making it an above average income neighborhood. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 66.9% of the neighborhoods in America. In addition, 2.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 74.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 38.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 25.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.7%), and 12.8% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 96.7% of households. Other important languages spoken here include Polish and Italian.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture 鈥� some more unique than others 鈥� based on lifestyle, occupations, the types of households 鈥� and importantly 鈥� on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the neighborhood in Prospect, OH, residents most commonly identify their ethnicity or ancestry as German (22.7%). There are also a number of people of English ancestry (22.2%), and residents who report Irish roots (10.8%), and some of the residents are also of Scottish ancestry (8.3%), along with some Norwegian ancestry residents (5.3%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (44.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT鈥檚 patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.