Prospect, Kentucky

From Wikipedia, the free encyclopedia

Prospect is a city in far northeast Jefferson County, Kentucky, along the Ohio River. Part of it extends into Oldham County, making it one of the few cities in Jefferson County to extend past the county line. 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. Highway 42 is the primary transportation artery running through the area. Prospect is the ninth wealthiest place 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 1800s, 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.

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Prospect is located at 38°20′24″N, 85°36′20″W (38.340126, -85.605627)GR1.

According to the United States Census Bureau, the city has a total area of 10.4 km² (4.0 mi²). None of the area is covered with water.

As of the censusGR2 of 2000, there were 4,657 people, 1,732 households, and 1,423 families residing in the city. The population density was 447.3/km² (1,158.4/mi²). There were 1,847 housing units at an average density of 177.4/km² (459.4/mi²). 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, 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 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 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%.

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