Everything You Should Know Before Moving to Prospect Hill, NC
Considering a move to Prospect Hill, NC? This small community of around 950 residents offers a peaceful rural lifestyle with affordable housing—median home prices are just $152,000 and rents average $940. Commute times are manageable at 28 minutes, and while the cost of living is well below the national average, you'll still find access to nearby schools and healthcare. With a mild climate, 62% sunny days, and low crime rates, Prospect Hill is a great fit for those seeking affordability and a quiet pace of life.
Demographics - Prospect Hill, NC
Demographics - Prospect Hill, NC
Prospect Hill is a small, close-knit community of about 950 residents, featuring a median age of 44 and a balanced gender ratio. The population is predominantly White at 62%, with a significant Black community (28.5%), and about 7.6% are non-English speakers, reflecting modest diversity. The town offers a relaxed, rural atmosphere suitable for families and retirees alike.
Population:
950
Density:
80 per sq mi
Median Age:
44.2
Gender Ratio:
95 males per 100 females
Non-English Speakers Percentage:
7.6%
Ethnic Composition
White:
62.0%
Black:
28.5%
Asian:
0.7%
Others:
8.8%
Cost Of Living
What is the average cost of living in Prospect Hill, NC?
Prospect Hill boasts a cost of living index of 81.1, making it notably more affordable than the national average. Median home values stand at $152,000 and typical rents are around $940, while essential expenses like utilities and groceries remain budget-friendly. This affordability, paired with moderate state taxes, makes the area appealing for budget-conscious individuals and families.
Median House Value:
$152,000
Gross Rent:
$940
Monthly Electricity Charges:
$120
Auto Insurance:
$1,020
House Owner Cost With Mortgage:
$1,080
House Owner Cost Without Mortgage:
$390
State Taxes:
Low:
5.25%
|
High:
5.25%
Cost Of Living Index:
81.1
Grocery:
93.5
Housing:
68.2
Utilities:
100.1
Transportation:
85.0
Health Care:
95.2
Miscellaneous:
89.0
Crime
Is Prospect Hill, NC a safe place to live?
Residents benefit from low crime rates, with only 193 violent crimes and 1,670 property crimes per 100,000 people annually. The chance of experiencing a violent crime is about 1 in 518, contributing to a sense of safety and security. Prospect Hill offers a peaceful environment for those prioritizing community safety.
Violent Crimes Per 100k:
193
Property Crimes Per 100k:
1,670
Crime Index:
1,863
Chance Of Violent Crime:
1 in 518
Chance Of Property Crime:
1 in 60
Weather
What is the weather like in Prospect Hill, NC year-round?
Prospect Hill experiences a mild climate with warm summers, cool winters, and an average annual rainfall of nearly 46 inches. With about 62% of days being sunny, residents enjoy plenty of opportunities for outdoor activities throughout the year. The comfortable seasonal temperatures make for pleasant living year-round.
Winter
Min:
29°F
Max:
49°F
Spring
Min:
47°F
Max:
71°F
Summer
Min:
67°F
Max:
88°F
Fall
Min:
50°F
Max:
73°F
Average Rainfall Inches:
45.7 inches
Sunny Days Percentage:
62%
Neighbors
The median household income is $56,200, with a poverty rate of 13.2% and an unemployment rate of 4.8%. Most residents commute about 28 minutes to work, reflecting the town’s rural character and reliance on personal vehicles. Educational attainment is solid, with over 80% holding at least a high school diploma.
Median Income:
$36,800
Household Income:
$56,200
Family Income:
$66,500
Per Capita Income:
$26,700
Income Male:
$41,300
Income Female:
$32,600
Poverty Rate:
13.2%
Non English Speakers:
7.6%
Rent:
$940
Unemployment Rate:
4.8%
Public Transport Usage:
0.3%
Commute Time:
28.4 minutes
Education
High School or Higher:
82.8%
Bachelors or More:
21.3%
Education
How are the schools in Prospect Hill, NC?
Families in Prospect Hill have access to local public schools with manageable student-teacher ratios around 15:1, supporting personalized learning. Higher education options are close by, including Piedmont Community College just 10 miles away and Elon University within a short drive. The area is suitable for those seeking quality educational opportunities in a rural setting.
Public Schools
Name:
Caswell County Schools – Oakwood Elementary
Street:
200 Oakwood Dr
Phone:
336-694-4221
Students:
390
Student Teacher Ratio:
15.3
Name:
Bartlett Yancey High School
Street:
466 Main St, Yanceyville, NC
Phone:
336-694-4212
Students:
770
Student Teacher Ratio:
14.7
Colleges
Name:
Piedmont Community College
City:
Yanceyville
State:
NC
Distance:
10 miles
Students:
1,400
Name:
Elon University
City:
Elon
State:
NC
Distance:
28 miles
Students:
7,100
Healthcare
Access to healthcare is strong, with two major hospitals nearby and nearly 90% of residents covered by health insurance. There are 1.6 physicians per 1,000 residents, ensuring access to essential medical services. The local healthcare index of 68.3 signifies reasonably good care for a small community.
Major Hospitals
Name:
Alamance Regional Medical Center
Address:
1240 Huffman Mill Rd, Burlington, NC 27215
Phone:
(336) 538-7000
Type:
General & Surgical
Emergency Services:
Yes
Name:
UNC Health Care - Hillsborough Campus
Address:
460 Waterstone Dr, Hillsborough, NC 27278
Phone:
(984) 974-1000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.6
Health Insurance Coverage:
89.4%
Health Care Index:
68.3
Housing Market
What is the housing market like in Prospect Hill, NC?
The housing market in Prospect Hill is affordable, with a median home price of $152,000 and an average rent of $940 for a two-bedroom unit. Owner occupancy is high at over 74%, indicating a stable community, and the home appreciation rate of 4.2% suggests modest but steady growth. Rental vacancies remain moderate, offering options for both buyers and renters.
Median Home Price:
$152,000
Average Rent For 2 Bedroom:
$940
Owner Occupied Rate:
74.2%
Rental Vacancy Rate:
7.4%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
0.8%
Foreclosure Rate:
0.9%
DMV Information
Driver and vehicle services are managed by the North Carolina Division of Motor Vehicles, with the main office located in Raleigh. Residents can access information and services online or by phone, ensuring convenient support for licensing and registration needs.
State:
North Carolina
Department:
North Carolina Division of Motor Vehicles
Address:
1100 New Bern Ave, Raleigh, NC 27697
Phone:
919-715-7000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.