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Prospect Park, NJ

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Prospect Park is a somewhat small borough located in the state of New Jersey. With a population of 6,219 people and just one neighborhood, Prospect Park is the 272nd largest community in New Jersey. Much of the housing stock in Prospect Park was built prior to World War II, making it one of the older and more historic boroughs in the country.

Housing costs in Prospect Park are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.

Occupations and Workforce

When you are in Prospect Park, you'll notice that it is more blue-collar than most other communities in America. 37.07% of Prospect Park’s employed work in blue-collar jobs, while America averages only 27.7% that do. Overall, Prospect Park is a borough of service providers, sales and office workers, and professionals. There are especially a lot of people living in Prospect Park who work in office and administrative support (12.91%), healthcare suport services (8.37%), and teaching (6.85%).

Also of interest is that Prospect Park has more people living here who work in computers and math than 95% of the places in the US.

Setting & Lifestyle

Demographics

The citizens of Prospect Park are slightly better educated than the national average of 21.84% for all cities and towns, with 24.45% of adults in Prospect Park having a bachelor's degree or advanced degree.

The per capita income in Prospect Park in 2022 was $28,671, which is low income relative to New Jersey, and lower middle income relative to the rest of the US. This equates to an annual income of $114,684 for a family of four. However, Prospect Park contains both very wealthy and poor people as well.

Prospect Park is an extremely ethnically-diverse borough. The people who call Prospect Park home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Prospect Park, accounting for 63.73% of the borough’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Prospect Park residents report their race to be White, followed by Black or African-American. Important ancestries of people in Prospect Park include Dutch, Italian, Czech, Haitian, and Jamaican.

Foreign born people are also an important part of Prospect Park's cultural character, accounting for 41.87% of the borough’s population.

The most common language spoken in Prospect Park is Spanish. Other important languages spoken here include English and Other Indo-European.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Prospect Park, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 72.2% of the real estate here is made up of such dwellings, which is higher than 99.8% of all U.S. neighborhoods.

In addition, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The neighborhood is among the top 5% of American neighborhoods in terms of walkability.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the neighborhood has more single mother households than 97.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Diversity

Did you know that the neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.1% of this neighborhood's residents have South American ancestry and 19.1% have Dominican ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Prospect Park are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.2% of U.S. neighborhoods. With 37.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.5% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the neighborhood, 36.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.3%), and 18.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the neighborhood is Spanish, spoken by 54.7% of households. Some people also speak English (36.9%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the neighborhood in Prospect Park, NJ, residents most commonly identify their ethnicity or ancestry as South American (24.1%). There are also a number of people of Dominican ancestry (19.1%), and residents who report Puerto Rican roots (8.5%), and some of the residents are also of Mexican ancestry (5.7%), along with some Dutch ancestry residents (4.6%), among others. In addition, 41.9% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (47.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (20.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Race & Ethnic Diversity
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Schools include:
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