Housing data for Prospect Township, OH
Prospect Township, OH has an estimated 2,143 residents and 1,055 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Marion County.
15.5% of households rent.
The median gross rent is $1,051 a month.
Figures last updated on .
- Residents
- 2,143 (±384)
- Housing units
- 1,055 (±210)
- Households that rent
- 15.5%
- Median gross rent
- $1,051
- Residents since 2015–2019
- +19.3%
What stands out in Prospect Township
Homes in buildings of 5 or more units: 0.8% (±5.0 points) in Prospect Township, lower than in Marion County (9.1%).
Households that rent: 15.5% (±6.0 points) in Prospect Township, lower than in Marion County (32.5%).
Median real estate taxes: $2,197 (±$300) in Prospect Township, higher than in Marion County ($1,489).
Median household income: $83,796 (±$17,935) in Prospect Township, higher than in Marion County ($59,371).
- Types of homes in Prospect Township
- Renters and owners in Prospect Township
- Property taxes in Prospect Township
- Income and affordability in Prospect Township
Housing in Prospect Township at a glance
- Median rent: $1,051 median gross rent a month
- Rent by bedrooms: $1,038 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 47.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 15.5% of households rent
- Income and affordability: $83,796 median household income
- Home values: $167,400 median home value
- Homeowner costs: $1,326 median monthly cost with a mortgage
- Property taxes: $2,197 median real estate taxes a year
- Types of homes: 0.8% of homes are in buildings of 5 or more units
- Bedrooms: 80.2% of homes have 3 or more bedrooms
- Age of homes: 64.6% of homes were built before 1980
- Vacancy rate: 11.1% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 49.8% heat with utility gas
- Commute and cars: 29.0 minutes average trip to work
- Growth: +19.3% residents since 2015–2019
- How long people stay: 8.8% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.4% of homes have more than 1 person per room (Small sample: wide margin of error)
Prospect Township against Marion County, its state and the nation
| Prospect Township | Marion County | Ohio | United States | |
|---|---|---|---|---|
| Residents | 2,143 (±384) | 65,020 (exact) | 11,810,293 (exact) | 334,922,499 |
| Housing units | 1,055 (±210) | 27,358 (±60) | 5,292,391 (±464) | 143,775,355 |
| Households that rent | 15.5% (±6.0 points) | 32.5% (±2.1 points) | 32.8% (±0.3 points) | 34.8% |
| Median gross rent | $1,051 (±$111) | $864 (±$31) | $1,034 (±$5) | $1,413 |
| Median household income | $83,796 (±$17,935) | $59,371 (±$4,308) | $71,389 (±$321) | $80,734 |
| Median home value | $167,400 (±$22,477) | $156,800 (±$6,246) | $214,800 (±$742) | $332,700 |
| Median real estate taxes (a year) | $2,197 (±$300) | $1,489 (±$61) | $2,822 (±$10) | $3,119 |
| Built before 1980 | 64.6% (±14.3 points) | 73.8% (±3.4 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 29.0 minutes (±3.7) | 24.5 minutes (±1.9) | 23.4 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 94.9% (±4.7 points) | 86.8% (±1.8 points) | 90.1% (±0.1 points) | 91.0% |
| Median age of residents | 39.2 years (±15.0) | 40.1 years (±0.5) | 39.7 years (±0.2) | 38.9 years |
Prospect Township covers 24.3 square miles of land, about 88 residents per square mile (Census Bureau Gazetteer).
How Prospect Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,797 (±297) | 2,143 (±384) | +19.3% | Not a measurable change |
| Housing units | 805 (±116) | 1,055 (±210) | +31.1% | Measurable increase |
| Median gross rent | $938 (±$192) | $1,051 (±$111) | +12.0% | No measurable change after inflation |
| Median home value | $140,700 (±$21,176) | $167,400 (±$22,477) | +19.0% | No measurable change after inflation |
| Median household income | $58,750 (±$14,700) | $83,796 (±$17,935) | +42.6% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,192 (±$105) | $1,326 (±$104) | +11.2% | No measurable change after inflation |
| Median real estate taxes | $1,783 (±$249) | $2,197 (±$300) | +23.2% | No measurable change after inflation |
| Households that rent | 18.8% (±5.9 points) | 15.5% (±6.0 points) | −3.3 percentage points | Not a measurable change |
| Rental vacancy rate | 12.5% (±13.0 points) | 11.1% (±17.3 points) | −1.4 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Marion County
Prospect Township has no police department of its own in the FBI’s figures, so this is the figure for Marion County as a whole.
In 2025, the police departments that report for Marion County recorded 259 violent and 1,329 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Prospect Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 43342 | 55% | 3,836 | $950 | $176,100 | $84,803 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Prospect Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Prospect | 1.2 mi | $1,072 | $164,100 | 26.7% |
| Green Camp | 4.4 mi | $775 | $123,300 | 15.4% |
| Pleasant Township (Marion County) | 4.9 mi | $858 | $232,200 | 5.2% |
| Waldo | 5.3 mi | $917 | $150,000 | 37.3% |
| Thompson Township (Delaware County) | 5.5 mi | — | $352,600 | 10.9% |
| Waldo Township | 5.9 mi | $791 | $181,300 | 14.6% |
| Green Camp Township | 6.2 mi | $825 | $234,000 | 12.0% |
| Richwood | 6.5 mi | $852 | $180,300 | 29.7% |
Places in Ohio most like Prospect Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Fulton Township | $1,075 | $176,800 | $81,964 | 13.9% |
| Mohican Township | $1,039 | $199,600 | $83,289 | 13.0% |
| Richland Township (Guernsey County) | $1,017 | $194,500 | $74,784 | 13.1% |
| Delaware Township (Defiance County) | $929 | $184,300 | $91,250 | 10.6% |
| Stoutsville | $1,000 | $200,800 | $74,500 | 12.8% |
| Windham Township | $1,094 | $189,700 | $70,833 | 20.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Ohio.
HUD Fair Market Rent for Prospect Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $822 | $828 | $1,083 | $1,290 | $1,423 |
HUD income limits for Prospect Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $18,450 | $30,700 | $49,150 |
| 2 people | $21,640 | $35,100 | $56,150 |
| 3 people | $27,320 | $39,500 | $63,150 |
| 4 people | $33,000 | $43,850 | $70,150 |
| 5 people | $38,680 | $47,400 | $75,800 |
| 6 people | $44,360 | $50,900 | $81,400 |
| 7 people | $50,040 | $54,400 | $87,000 |
| 8 people | $55,720 | $57,900 | $92,600 |
These are the limits HUD sets for its housing programs in the Marion County, OH, where HUD’s median family income for fiscal year 2026 is $84,700.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Prospect Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Prospect Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Prospect Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Prospect Township, and send estimates and invoices from your phone.
Questions about Prospect Township
What is the average rent in Prospect Township, OH?
The Census Bureau publishes the median rather than the average: the median gross rent in Prospect Township is $1,051 (±$111) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many renters are there in Prospect Township?
Prospect Township has an estimated 144 (±56) renting households, 15.5% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Prospect Township?
The median household income in Prospect Township is $83,796 (±$17,935) a year (2020–2024 American Community Survey).
What is the average home value in Prospect Township, OH?
The Census Bureau publishes the median: $167,400 (±$22,477) for owner-occupied homes in Prospect Township (2020–2024 American Community Survey).
What is the average mortgage payment in Prospect Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Prospect Township, OH is $1,326 (±$104) a month, including taxes, insurance and utilities.
How much are property taxes in Prospect Township?
The median real estate tax paid by homeowners in Prospect Township, OH is $2,197 (±$300) a year (2020–2024 American Community Survey).
Is Prospect Township growing?
In Prospect Township, the number of residents went from 1,797 in 2015–2019 to 2,143 in 2020–2024 (+19.3%), not a measurable change.
What ZIP codes are in Prospect Township?
The ZIP code that covers Prospect Township is 43342.
What is the median rent in ZIP code 43342?
The median gross rent in ZIP Code Tabulation Area 43342 is $950 (±$229) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Prospect township, Marion County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Prospect township, Marion County, Ohio
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Prospect township, Marion County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Prospect township, Marion County, Ohio
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Prospect township, Marion County, Ohio
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Prospect township, Marion County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Prospect township, Marion County, Ohio
- HUD Fair Market Rents, fiscal year 2027: Marion County, OH
- HUD Income Limits, fiscal year 2026: Marion County, OH
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Prospect township, Marion County, Ohio (county subdivision:64794, in state:39 county:101).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .