Prosper is a medium-sized town located in the state of Texas. With a population of 41,660 people and four associated neighborhoods, Prosper is the 110th largest community in Texas. Much of the housing stock in Prosper was built relatively recently. The construction of new real estate can often be taken as an indication that the local Prosper economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Prosper, where the median household income is $187,603.00.
Prosper home prices are not only among the most expensive in Texas, but Prosper real estate also consistently ranks among the most expensive in America.
Also of interest is that Prosper has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 33.37% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Because of many things, Prosper is a great place for families with children to consider. First of all, many other families with children live here, making Prosper a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Prosper has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Prosper’s overall crime rate is lower than average for the country.
One downside of living in Prosper is that it can take a long time to commute to work. In Prosper, the average commute to work is 32.04 minutes, which is quite a bit higher than the national average.
The town of Prosper is a decent size, but despite this, it doesn't have a viable public transit system that people can use to get to work.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Prosper. 63.52% 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 Prosper in 2022 was $68,166, which is wealthy relative to Texas and the nation. This equates to an annual income of $272,664 for a family of four.
Prosper is an extremely ethnically-diverse town. The people who call Prosper home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prosper residents report their race to be White, followed by Asian. Prosper also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.73% of the town’s residents. Important ancestries of people in Prosper include German, English, Irish, Italian, and Polish.
The most common language spoken in Prosper is English. Other important languages spoken here include Spanish and Langs. of India.