What to know when moving to Prosper, TX
TL;DR: Prosper at a Glance
- The Vibe:
- A highly educated area where 63% of residents hold a bachelor's degree.
- The Major Draw:
- Median household income of $187,634, significantly above the national average.
- The Reality Check:
- High median rent at $2,284 with only 11.1% of residents renting.
- Commute:
- 0% of residents use public transit.
- Top Tip:
- Budget for $2,284/month in rent.
The 'Vibe' Check: Who Thrives Here?
Prosper is characterized by its highly educated population, with 63% of residents holding a bachelor's degree. Despite the attractive median household income of $187,634, the area has a low rental rate of only 11.1%, indicating that most residents own their homes. However, with a median rent of $2,284, it may not be the best fit for those on a tight budget.
Probably not your spot if: You are looking for affordable rental options.
Your Money: Housing & Cost Snapshot
- Median gross rent is $2,284, which reflects the area's high demand for housing.
- Median owner-occupied home value is $650,600, indicating a strong housing market.
- 63% of residents have a bachelor's degree, contributing to higher income levels.
- Poverty rate is low at 3.1%, suggesting economic stability.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
Texas has seen trends of decreasing crime rates in recent years, promoting a sense of growing safety.
- Violent crime rate stands at 345.5 incidents per 100,000 residents, slightly above the national rate of 325.3.
- Property crime rate is 1,797.7 incidents per 100,000 residents, which is 16.2% higher than the national average of 1,546.9.
- Notable trend: The homicide rate has decreased by 35.1% since 2022.
Source: FBI Crime Data Explorer (state-level summarized data for Texas).
Schools & Higher Ed
Prosper has access to nearby educational institutions, enhancing educational opportunities for residents.
- Postsecondary institutions: 2
- With College Scorecard data: 2
- Nearby schools include Allgood Beauty Institute in Frisco and Collin County Community College District in McKinney.
Source: ArcGIS Postsecondary School Locations (NCES) + College Scorecard (ED).
Weather & Getting Outside
While specific climate data is unavailable, Prosper is surrounded by several parks and recreational areas ideal for outdoor activities.
- National Videogame Museum - 4.7 stars from 4,029 reviews
- Celebration Park - 4.7 stars from 3,348 reviews
- Frisco Commons Park - 4.8 stars from 2,681 reviews
- Hope Park Frisco - 4.8 stars from 2,347 reviews
Source: Google Places API (New).