B

Prospect, CT

Source:

Affordability Score: 73/100

Population: 9,376 · 1 ZIP codes

The affordability dashboard for Prospect, CT aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 9,376 residents, then layers in county-level federal data to produce an overall grade of B (73/100). The headline inputs are median household income of $126,394, median home value of $355,400, median rent of $1,800 per month, and 40.3% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,895 per month (studio $1,299, 1BR $1,569, 3BR $2,283, 4BR $3,182). Department of Labor data lists infant center-based childcare at $18,200 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Prospect, CT include income, housing, rent. Unemployment currently reads 3.3% and poverty 3.2% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A+
$126,394
Median household income
Education B
40.3%
Bachelor's degree or higher
Housing B
2.8x
Home value $355,400 vs income
Commute D
28 min
Average commute time
Rent A-
$1,895/mo
2BR fair market rent (18% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$18,200/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$126,394
▲ 104% vs national
Per Capita Income
$56,503
Unemployment Rate
3.3%
Poverty Rate
3.2%

Housing

Median Home Value
$355,400
▲ 29% vs national
Median Rent
$1,800/mo
Owner Occupied
93.5%
2BR Fair Market Rent
$1,895/mo
▲ 58% vs national

Fair Market Rents by Bedroom

Studio
$1,299
1BR
$1,569
2BR
$1,895
3BR
$2,283
4BR
$3,182

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
40.3%
▲ 10 ppt vs national
High School+
67.1%
Median Age
46.8
Avg. Commute
28 min
▲ 2 min vs national

Childcare Costs

Infant (Center)
$18,200/yr
14% of income
Toddler (Center)
$18,200/yr
Preschool (Center)
$14,820/yr
School-Age (Center)
$6,760/yr

What This Means

Prospect, CT receives an overall affordability grade of B (73/100), aggregated from 1 ZIP codes with a total population of 9,376. This area performs well in income and housing and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Prospect, CT affordable?
Prospect, CT receives an overall affordability grade of B (73/100) based on Census, HUD, FBI, and DOL data. Median household income is $126,394. Median home value is $355,400.
What is the cost of living in Prospect?
Key cost metrics: Median rent $1,800/mo. 2BR fair market rent $1,895/mo. Infant childcare $18,200/yr. Median home value $355,400.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →