What Are the Average Household Incomes in Prosper City? The median household income in Prosper City was $151,133 in 2021. It is important to note that there are a large number of lower-income households. The city has a large minority population, however, and there is little evidence to support that this group is predominantly white. Instead, most residents are African-American, Asian, or both.
The estimated median household income in Prosper is $146,733, which is more than twice as high as the state's average of $61,874 - an indication that the city is home to the wealthiest 1% of Texans. Prosper has about 0.5% households earning $1 million per year, and only 0.20% of its residents make more than that amount. Although there are many higher-income households in the area, some of these positions are likely held by commuters. Additionally, there are more than 10,000 students in the Prosper Independent School District.
The median property value in Prosper, TX was $459,500 in 2019. This is slightly above the national average. Residents of Prosper are 86 percent homeowners. In addition, they drive alone on average and spend an average of 29.5 minutes each way to work. The median household car ownership is the same as the national average, with an average of 2 cars per household. Listed below are some important statistics about the population and steets in Prosper City, TX.