Prosper is a somewhat small town located in the state of Texas. With a population of 22,358 people and three constituent neighborhoods, Prosper is the 231st largest community in Texas. There's nothing like the smell of a brand new house, and in Prosper, 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 Prosper, and putting down their money on brand new construction. Prosper’s real estate is, on average, some of the newest in the nation. Prosper does seem to be experiencing an influx of affluent people, because the median household income is $140,815.00.
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.
Prosper is a decidedly white-collar town, with fully 90.48% of the workforce employed in white-collar jobs, well above the national average. Overall, Prosper is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Prosper who work in management occupations (18.49%), sales jobs (15.06%), and business and financial occupations (12.01%).
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: 13.66% 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 33.82 minutes, which is quite a bit higher than the national average.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Prosper. 57.65% 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 2018 was $50,346, which is wealthy relative to Texas and the nation. This equates to an annual income of $201,384 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 Black or African-American. 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.