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. Prosper has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Prosper, where the median household income is $178,224.00.
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.
Of important note, Prosper is also a town of artists. Prosper has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Prosper’s character.
A relatively large number of people in Prosper telecommute to their jobs. Overall, about 31.94% 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.
Because of many things, Prosper is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Prosper really has some of the features that families look for when choosing a good community to raise children. Is Prosper perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In Prosper, however, the average commute to work is quite long. On average, people spend 32.44 minutes each day getting to work, which is significantly 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.
If knowledge is power, Prosper is a pretty powerful place. 64.76% of the adults in Prosper have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Prosper in 2022 was $63,344, which is wealthy relative to Texas and the nation. This equates to an annual income of $253,376 for a family of four.
Prosper is a very 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 10.04% of the town’s residents. Important ancestries of people in Prosper include German, English, Irish, Italian, and French.
The most common language spoken in Prosper is English. Other important languages spoken here include Spanish and Langs. of India.