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Prosper, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
37,869
Population
$195,281
Median Income
$823,700
Home Value
37.6
Median Age

Demographics

Prosper has a population of 37,869 with a median age of 37.6. Here is the racial and ethnic breakdown of the population:

White
62.6%
Asian
15.0%
Hispanic
12.1%
Black
7.4%
Other
2.9%
Demographic Value
Total Population37,869
Median Age37.6
White62.6%
Black or African American7.4%
Asian15.0%
Hispanic or Latino12.1%
Other / Two or More Races2.9%
Prosper, Texas — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 62.6%Asian: 15.0%Hispanic/Latino: 12.1%Black: 7.4%Other: 2.9%37,869PopulationWhiteWhite62.6%AsianAsian15.0%Hispanic/LatinoHispanic/Latino12.1%BlackBlack7.4%OtherOther2.9%

Income & Economy

The median household income in Prosper is $195,281, which is 142.3% above the national median of $80,610. The per capita income is $72,601. The poverty rate is 5.5%.

$195,281
Median Household Income
$72,601
Per Capita Income
5.5%
Poverty Rate

Employment

The unemployment rate in Prosper is 3.9%, compared to the national rate of 4.1%.

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Education

In Prosper, 97.8% of residents age 25+ have a high school diploma or higher, and 66.5% hold a bachelor's degree or higher (25.2% with a graduate or professional degree).

HS Diploma+
97.8%
Bachelor's+
66.5%
Graduate+
25.2%
Education Level % of Adults (25+)
High School Diploma or Higher97.8%
Bachelor's Degree or Higher66.5%
Graduate or Professional Degree25.2%

Housing

The median home value in Prosper is $823,700, above the national median of $303,400. The median monthly rent is $2,176. The homeownership rate is 87.9%.

$823,700
Median Home Value
$2,176/mo
Median Rent
87.9%
Homeownership Rate
Housing Metric Value
Median Home Value$823,700
Median Monthly Rent$2,176
Homeownership Rate87.9%
Vacancy Rate5.7%

Salaries in Texas

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Frequently Asked Questions

What is the population of Prosper, Texas?
The population of Prosper, Texas is 37,869 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Prosper, Texas?
The median household income in Prosper, Texas is $195,281. This is 142.3% above the national median of $80,610.
What is the median home value in Prosper, Texas?
The median home value in Prosper, Texas is $823,700. The median monthly rent is $2,176.
What percentage of people in Prosper have a college degree?
In Prosper, Texas, 66.5% of adults age 25 and older hold a bachelor's degree or higher, and 97.8% have a high school diploma or higher.
Is Prosper, Texas an affordable place to live?
The home price-to-income ratio in Prosper, Texas is 4.2x (median home value $823,700 vs. median income $195,281), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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