Prosper is a medium-sized town located in the state of Texas. With a population of 30,174 people and four constituent neighborhoods, Prosper is the 110th 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 $153,777.00.
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 91.41% 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 (22.62%), sales jobs (12.52%), and business and financial occupations (9.65%).
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.
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: 18.06% 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.
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 33.94 minutes, which is quite a bit higher than the national average.
Prosper is a decent-sized town, yet no one gets to work using public transit, because the town has no real transit system.
If knowledge is power, Prosper is a pretty powerful place. 62.34% 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 2018 was $56,082, which is wealthy relative to Texas and the nation. This equates to an annual income of $224,328 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 Polish.
The most common language spoken in Prosper is English. Other important languages spoken here include Spanish and Langs. of India.