Living in Prosper, Texas
Cost of living, income, home prices, rent and demographics of Prosper · Census data 2020–2024
Prosper has 37,869 residents with a median age of 37.6. The median household income is $195,281 (149% higher than the Texas median), the median home value is $823,700, the median rent is $2,176/month.
Prosper at a glance
- Population
- 37,869
- Median age
- 37.6State: 35.6
- Median household income
- $195,281State: $78,476
- Median home value
- $823,700State: $283,800
- Median rent
- $2,176/moState: $1,403
- Homeowners
- 87.9%
- Bachelor's degree or higher
- 66.5%
- Average commute
- 30 min
Is Prosper a good place to live?
Pros: Median household income 149% higher than the Texas median; a poverty rate of 5.5%.
Cons: Home values 190% higher than the state median; an average commute of 30 minutes; unemployment of 5.6%.
The weather is best in April–May and September–October.
Cost of living in Prosper
Housing is the biggest part of the cost of living. In Prosper the median home value is $823,700, 148% higher than the U.S. median. Renters pay a median of $2,176 per month, which is 27.7% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Prosper median household income
The median household income in Prosper is $195,281 and the income per person is $72,601. 5.5% of residents live below the poverty line (Texas: 13.8%).
Housing in Prosper: homes for sale and rent
- Housing units
- 11,921
- Owner-occupied
- 87.9%
- Renter-occupied
- 12.1%
- Vacant
- 5.7%Includes seasonal homes
- Median year built
- 2014
- Average household size
- 3.37
Prosper demographics
- Population
- 37,869
- Median age
- 37.6
- Under 18
- 32.7%
- 65 and older
- 9.2%
- Households
- 11,239
- Foreign-born
- 16.9%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Prosper ›
Education in Prosper
66.5% of adults 25 and older in Prosper have a bachelor's degree or higher (Texas: 33.8%), and 25.2% have a graduate or professional degree.
Jobs and commute in Prosper
- Unemployment rate
- 5.6%State: 5.3%
- Average commute
- 30 minState: 27 min
- Work from home
- 35.6%
- Drive alone
- 56.5%
- Public transit
- 0%
- Walk to work
- 0.3%
- Homes with broadband
- 98.1%
Prosper vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Prosper | 37,869 | $195,281 | $823,700 | $2,176 |
| Celina | 34,268 | $170,894 | $509,600 | $2,379 |
| Savannah | 6,469 | $142,868 | $400,000 | $2,000 |
| Frisco | 219,304 | $150,212 | $642,100 | $2,014 |
| Little Elm | 54,820 | $119,219 | $420,700 | $1,953 |
| Paloma Creek South | 8,860 | $121,747 | $364,900 | $2,664 |
| Paloma Creek | 3,016 | $91,534 | $346,800 | $2,576 |
| Providence Village | 8,721 | $110,430 | $351,000 | $2,413 |
| McKinney | 210,600 | $124,215 | $471,800 | $1,901 |
More for people moving to Prosper
Prosper ZIP code ›Weather and climate ›Living in Prosper: FAQ
What is the median household income in Prosper, TX?
The median household income in Prosper is $195,281, 149% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Prosper?
The median home value in Prosper is $823,700, compared with $283,800 in Texas.
How much is rent in Prosper?
The median gross rent in Prosper is $2,176 per month, about 27.7% of household income.
Is Prosper, TX a good place to live?
Pluses: median household income 149% higher than the Texas median; a poverty rate of 5.5%. Minuses: home values 190% higher than the state median; an average commute of 30 minutes; unemployment of 5.6%.
What is the median age in Prosper?
The median age in Prosper is 37.6 years (Texas: 35.6).
How long is the commute in Prosper?
The average commute to work in Prosper is 30 minutes; 35.6% of workers work from home.
What is the unemployment rate in Prosper?
The unemployment rate in Prosper is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Prosper?
66.5% of adults in Prosper have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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