Most Expensive Prosper Neighborhoods
Prosper is a somewhat small town located in the state of Texas. With a population of 14,416 people and three constituent neighborhoods, Prosper is the 231st 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 $111,641.
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 91.57% of the workforce employed in white-collar jobs, well above the national average. Overall, Prosper is a town of managers, sales and office workers and professionals. There are especially a lot of people living in Prosper who work in management occupations (25.71%), sales jobs (12.91%) and office and administrative support (11.22%).
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: 11.56% 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 is that it can take a long time to commute to work. In Prosper, the average commute to work is 33.18 minutes, which is quite a bit higher than the national average.
The citizens of Prosper are among the most well-educated in the nation: 44.75% of adults in Prosper have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Prosper in 2010 was $40,957, which is wealthy relative to Texas and the nation. This equates to an annual income of $163,828 for a family of four. However, Prosper contains both very wealthy and poor people as well.
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, Irish, English, Italian, Russian and French.
The most common language spoken in Prosper is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||3,783|
|PROSPER HOME OWNERSHIP|
|% OWNER OCCUPIED||77.27%|
|% RENTER OCCUPIED||22.73%|
|TYPE OF PROSPER HOMES|
|SINGLE FAMILY DETACHED||82.18%|
|ROWHOUSES AND ATTACHED HOMES||0.15%|
|SMALL APARTMENT BUILDINGS||2.39%|
|COMPLEXES OR HIGH RISE APARTMENTS||12.54%|
|SIZE OF PROSPER HOMES|
|5 OR MORE BEDROOMS||15.53%|
|AGE OF PROSPER HOMES|
|NEWER HOMES (2000 OR LATER)||71.60%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||22.97%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||4.00%|
|HISTORIC (1939 OR BEFORE)||1.43%|
|PROSPER REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$478,449|
|MEDIAN RENTAL PRICE||$1,492|
|HOME VALUE RANGE|
|$0 - $68,000||0.65%|
|$68,001 - $135,000||4.24%|
|$135,001 - $270,000||11.05%|
|$270,001 - $405,000||20.32%|
|$405,001 - $540,000||31.89%|
|$540,001 - $675,000||16.52%|
|$675,001 - $1,013,000||11.70%|
|$1,013,001 - $1,350,000||3.25%|
|PEOPLE OF PROSPER||DETAILS|
|UNDER 5 YEARS||9.08%|
|5 TO 17||28.19%|
|18 TO 24||4.41%|
|25 TO 34||8.85%|
|35 TO 54||33.89%|
|55 TO 64||10.07%|
|65 YEARS AND OVER||5.51%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||96.65%|
|MEDIAN HOUSEHOLD INCOME||$111,641|
|PER CAPITA INCOME||$40,957|
|INDIVIDUALS BELOW POVERTY LEVEL||9.40%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (12.67%)
Professional, scientific, and technical services (10.66%)
Real estate (4.09%)
Public Service (3.57%)
Information Technology (2.96%)
|BLACK OR AFRICAN AMERICAN||7.37%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.17%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.43%|
|TWO OR MORE RACES||0.35%|
|HISPANIC OR LATINO (OF ANY RACE)||9.18%|
|ETHNICITIES PRESENT||German (21.41%)
|LANGUAGES SPOKEN||English (86.85%)
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