Prosper is a somewhat small town located in the state of Texas. With a population of 24,579 people and three constituent neighborhoods, Prosper is the 231st 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 $146,733.00.
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 90.94% 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 (18.55%), sales jobs (14.70%), and business and financial occupations (10.70%).
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.32% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
One downside of living in Prosper, however, is that residents on average have to contend with a long commute, spending on average 34.42 minutes every day commuting to work.
Do you like to read, write and learn? If you move to Prosper, you'll likely find that many of your neighbors like to as well. Prosper is one of the more educated communities in America, with a full 56.99% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Prosper in 2018 was $53,537, which is wealthy relative to Texas and the nation. This equates to an annual income of $214,148 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 European.
The most common language spoken in Prosper is English. Other important languages spoken here include Spanish and Langs. of India.