Prospect is located close to the center of North Carolina. Prospect has 3.93 square miles of land area and has no water area. As of 2010-2014, the total Prospect population is 855, which has grown 23.91% since 2000. The population growth rate is higher than the state average rate of 21.13% and is much higher than the national average rate of 11.61%. Prospect median household income is $27,766 in 2010-2014 and has has shrunk by 18.43% since 2000. The income growth rate is much lower than the state average rate of 19.16% and is much lower than the national average rate of 27.36%. Prospect median house value is $73,100 in 2010-2014 and has shrunk by -33.88% since 2000. The house value growth rate is lower than the state average rate of 41.83% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Prospect is worse than the state average in quality.