Prospect is located in west Pennsylvania. Prospect is part of Butler County. Prospect has 4.08 square miles of land area and has no water area. As of 2010-2014, the total Prospect population is 1,263, which has grown 2.35% since 2000. The population growth rate is lower than the state average rate of 3.89% and is much lower than the national average rate of 11.61%. Prospect median household income is $52,455 in 2010-2014 and has grown by 56.81% since 2000. The income growth rate is much higher than the state average rate of 32.44% and is much higher than the national average rate of 27.36%. Prospect median house value is $121,900 in 2010-2014 and has grown by 19.39% since 2000. The house value growth rate is much lower than the state average rate of 70.00% and is much 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 better than the state average in quality. The Prospect area code is 724.