Prospect, Ohio.
Typical home $264,143 (+4.6% in a year). Marion, OH metro.
Property tax and schools in Prospect
Prospect’s own tax page → what a home here pays, who charges it, its levies and ballot, and its schools.
Prospect is in Marion County, where its property tax is set. Its homes there are in the Elgin Local school district. Check your own bill.
to buy the typical home at today's mortgage rate — +$794 (+134%) since Jan 2020.
- 1 year
- Up $11,597 +5%
- $252,547$264,143 since Sep 2025
- 5 years
- Up $64,099 +32%
- $200,044$264,143 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Prospect$1,386
- Ohio$1,291
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Prospect, OH rose 4.6% over the past year — faster than the nation's +1.2%.
Living in Prospect, Marion County, Ohio
Prospect is a village of 1,067 people in Marion County. Half its households earn more than $70,833 a year and half less, against $59,371 across Marion County; 12% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Marion County was 3.7% in August 2026, and the county had 1.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Prospect is a small village, home to a young community with a younger population than is typical across much of the country. Most homes are lived in by their owners, and household incomes run higher than across Marion County as a whole. Winters are cold and snowy, summers are warm, and the year brings a fair amount of rain and melted snow.
Work. Residents work mainly in schools, hospitals and social care, manufacturing, government and the building trades. Across Marion County, some of the largest workplaces are Whirlpool, Marion General Hospital and Marion City Schools. Fewer adults hold a four-year degree than in many communities, and most people travel a good distance to work, with very few working from home.
Things to do. Delaware State Park, a protected area a short drive away, is the nearest big stretch of open land, and the Little Scioto River and Bokes Creek are also close by for time near the water. The Palace Theatre is a short drive away for an evening out. For a longer outing, the Columbus Zoo and Aquarium is a longer drive away.
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- 454households
- 19%of adults have a degree
- 12%below the poverty line
- 30 mintypical commute
- 3%work from home
What residents work in
Employed residents by industry, from the Census survey. Marion County had 23,441 jobs in 2025, 1.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 34° and lows near 18°; warmest in July, with highs near 84° and lows near 63°. About 24 inches of snow and 39 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Marion North weather station, 12 miles away (NOAA).
Largest employers in Marion County
- Whirlpool Corporation2,085
- OhioHealth Marion General Hospital1,871
- Marion City School District706
- Cornerstone Building Brands/Silverline Windows600
- Marion County Government480
- Marion Correctional Institution393
- US Yachiyo, Inc.389
- Wyandot, Inc.370
From Marion County’s annual financial report for 2024, its schedule of principal employers (its source: “Marion County Chamber of Commerce Marion County Job and Family Services”), as Ohio’s Auditor of State publishes it: the report. Employees as the report counts them.
Natural hazards
- Strong windRelatively high
- Cold wavesRelatively high
- Inland floodingRelatively high
- Winter weatherRelatively high
- HailRelatively moderate
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Prospect’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Marion County and the Marion, OH metro.
Prospect home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Prospect$264,143
- Ohio$245,982
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Prospect8
Zip codes with a Prospect address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Prospect — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.