What is the median household income in Prospect Park, PA?
The median household income in Prospect Park, PA is $63,077 (±$17,968) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,183 a month would take about $47,300 a year at the common guideline of spending no more than 30% of income on rent.
In Prospect Park, the median household income went from $60,569 in 2015–2019 to $63,077 in 2020–2024 (+4.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $63,077 (±$17,968)
- Median renter income
- $38,793 (±$7,724)
- Income to afford median rent
- about $47,300
Income in Prospect Park against Delaware County, its state and the nation
| Prospect Park | Delaware County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $63,077 (±$17,968) | $89,546 (±$1,375) | $77,971 (±$342) | $80,734 |
| Median renter household income | $38,793 (±$7,724) | $49,812 (±$1,326) | $47,506 (±$425) | $52,966 |
| Median owner household income | $99,750 (±$30,091) | $116,085 (±$2,110) | $95,990 (±$362) | $100,009 |
| Median gross rent | $1,183 (±$104) | $1,372 (±$22) | $1,209 (±$5) | $1,413 |
In Prospect Park, median household income is lower than in Delaware County ($89,546).
It is not measurably different from Pennsylvania ($77,971).
It is not measurably different from the national figure ($80,734).
In Delaware County, Prospect Park ranks 36 of 49 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1750 of 2,545.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Prospect Park
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,183 a month ($14,196 a year) needs an income of about $47,300 a year.
The median renting household in Prospect Park earns $38,793 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $60,569 (±$4,444) | $63,077 (±$17,968) | +4.1% | No measurable change after inflation |
| Median gross rent | $1,043 (±$90) | $1,183 (±$104) | +13.4% | No measurable change after inflation |
| Median home value | $191,700 (±$13,185) | $244,600 (±$19,650) | +27.6% | No measurable change after inflation |
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.
Median household income in places near Prospect Park
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Prospect Park | — | $63,077 (±$17,968) | — |
| Norwood | 0.6 mi | $96,134 (±$11,265) | Higher |
| Ridley Township | 1.0 mi | $92,835 (±$10,318) | Higher |
| Ridley Park | 1.1 mi | $93,594 (±$15,312) | Higher |
| Folsom | 1.2 mi | $113,064 (±$10,509) | Higher |
| Glenolden | 1.2 mi | $72,786 (±$11,831) | Not measurably different |
| Rutledge | 1.5 mi | $135,313 (±$25,836) | Higher |
| Folcroft | 1.7 mi | $61,306 (±$5,839) | Not measurably different |
| Morton | 2.0 mi | $61,563 (±$16,035) | Not measurably different |
Nearby places with a measurably higher figure: Norwood, PA ($96,134), Ridley Township, PA ($92,835), Ridley Park, PA ($93,594).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Delaware County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 30 | Aldan | $74,514 (±$11,384) |
| 31 | Lansdowne | $73,232 (±$8,584) |
| 32 | Glenolden | $72,786 (±$11,831) |
| 33 | Upper Darby Township | $71,481 (±$4,188) |
| 34 | Clifton Heights | $70,931 (±$9,908) |
| 35 | East Lansdowne | $69,000 (±$33,257) |
| 36 | Prospect Park | $63,077 (±$17,968) |
| 37 | Morton | $61,563 (±$16,035) |
| 38 | Upland | $61,553 (±$10,536) |
| 39 | Folcroft | $61,306 (±$5,839) |
| 40 | Chester Township | $58,125 (±$11,501) |
| 41 | Millbourne | $54,219 (±$24,194) |
| 42 | Tinicum Township (Delaware County) | $53,451 (±$7,730) |
Showing 13 of 49 places in Delaware County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Prospect Park
What is the median household income in Prospect Park?
The median household income in Prospect Park is $63,077 (±$17,968) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Prospect Park?
About $47,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,183 a month.
Have incomes in Prospect Park kept up with inflation?
In Prospect Park, the median household income went from $60,569 in 2015–2019 to $63,077 in 2020–2024 (+4.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Prospect Park?
The median renting household in Prospect Park, PA earns $38,793 (±$7,724) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) for Prospect Park borough, Pennsylvania (place:62792, in state:42).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 .
Related
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- Home values in Prospect Park
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- Types of homes in Prospect Park
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- Crime reported to police in Prospect Park
- Population growth in Prospect Park
- How long people stay in Prospect Park
- Crowding and facilities in Prospect Park
- Fair Market Rent in Prospect Park
- Pennsylvania landlord and tenant rules
- Housing across Delaware County
- Pennsylvania places ranked by median household income
- Housing data for every place in Pennsylvania