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Prospect, TN

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





Overview


Prospect is a tiny town located in the state of Tennessee. With a population of 121 people and just one neighborhood, Prospect is the 385th largest community in Tennessee. There's nothing like the smell of a brand new house, and in Prospect, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Prospect, and putting down their money on brand new construction. Prospect’s real estate is, on average, some of the newest in the nation. Prospect does seem to be experiencing an influx of affluent people, because the median household income is $57,031.00.

Occupations and Workforce

Prospect is a decidedly white-collar town, with fully 87.50% of the workforce employed in white-collar jobs, well above the national average. Overall, Prospect is a town of service providers, professionals, and sales and office workers. There are especially a lot of people living in Prospect who work in maintenance occupations (25.00%), office and administrative support (20.83%), and healthcare (20.83%).

A relatively large number of people in Prospect telecommute to their jobs. Overall, about 20.83% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Prospect’s overall crime rate ranks among the lowest in the nation, making it a very safe place to live.

Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Prospect is worth considering.

One downside of living in Prospect, however, is that residents on average have to contend with a long commute, spending on average 35.13 minutes every day commuting to work.

Prospect is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Demographics

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Prospect. 83.33% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Prospect in 2018 was $19,955, which is low income relative to Tennessee and the nation. This equates to an annual income of $79,820 for a family of four. However, Prospect contains both very wealthy and poor people as well.

The people who call Prospect home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prospect residents report their race to be White, followed by Native American. Important ancestries of people in Prospect include German, English, Irish, Yugoslavian, and Other West Indian.

The most common language spoken in Prospect is English. Other important languages spoken here include Italian and Greek.

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, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the neighborhood than in 98.2% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 38.2% of the households here have four, five, or more cars. That is more cars per household than in 97.6% of the neighborhoods in the nation.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 28 people per square mile living here, this neighborhood is less crowded than 93.1% of America. One of the notable things about is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

Diversity

Did you know that the neighborhood has more Scottish and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Scottish ancestry and 0.3% have Yugoslav 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 are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.5% of U.S. neighborhoods. In addition, 1.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 77.2% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the neighborhood, 47.3% 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 31.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.8%), and 5.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 99.6% of households. Some people also speak Italian (2.9%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the neighborhood in Prospect, TN, residents most commonly identify their ethnicity or ancestry as English (15.4%). There are also a number of people of German ancestry (7.0%), and residents who report Scottish roots (6.1%), and some of the residents are also of Irish ancestry (6.0%), along with some French ancestry residents (2.9%), among others.

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 (44.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.1%) 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 (16.3%) . 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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Economics & Demographics include:
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Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
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Higher Education Attainment
Crime includes:
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Crimes Per Square Mile
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Schools include:
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