Prosper is a medium-sized town located in the state of Texas. With a population of 37,746 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.
Telecommuters are a relatively large percentage of the workforce: 31.94% 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.
Prosper is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Prosper’s overall crime rate is lower than average for the country.
One downside of living in Prosper, however, is that residents on average have to contend with a long commute, spending on average 32.44 minutes every day commuting to work.
Prosper is a decent-sized town, yet no one gets to work using public transit, because the town has no real transit system.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Prosper. 64.76% 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 $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.