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CITY

Prospect

Tennessee · 145 residents · 1.395 sq mi
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The short version

Prospect has notably lower household income than the US average, with a median household income of $61,607. Population has declined 12% since 2023. 45% of adults hold a bachelor's degree or higher. Median home value is $154,800. With a median age of 52.0, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 52.0
US median: 38.9
More educated
45% hold a bachelor's degree
US average: 36%
Less affordable
home values up 29%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

145
−12%since 2023
from 165 in 2023
2020 – 2024
104 / sq mi
−12%since 2023
from 118 / sq mi in 2023
US average: 281
52.0
+24%since 2023
from 41.8 in 2023
US average: 38.9
Population, 20202024
8310512815017320202024Prospect
2024145
20202024
Section 02

Income & economy

$61,607
−20%inflation adjusted, since 2023
from $74,583 in 2023
US average: $82,259
2020 – 2024
$24,866
−6%since 2023
from $26,327 in 2023
US average: $44,673
Households earning $100K+
44.2%
−3.0 ptssince 2023
from 47.2% in 2023
US average: 53.3%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 12.5%
0.350
+67%since 2023
from 0.209 in 2023
US average: 0.476
Workforce by industry, 2024
Information32.8%
US avg: 10.8%
Retail trade13.8%
US avg: 9.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$154,800
+29%inflation adjusted, since 2023
from $117,000 in 2023
US average: $376,019
2020 – 2024
86.0%
+5.5 ptssince 2023
from 80.6% in 2023
14.0% rent
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 22.9%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 47.4%
2.5
+60%since 2023
from 1.6 in 2023
2020 – 2024
RELATED:See current rent listings in Prospect on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic93.3%(154)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other6.7%(11)
Diversity Score15.6%(26)
2024
White, non-Hispanic94.5%(137)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other5.5%(8)
Diversity Score13%(19)
13
−16%since 2023
from 16 in 2023
2020 – 2024
Section 05

Education

45.1%
+5.1 ptssince 2023
from 40.0% in 2023
US average: 35.6%
High school or higher
95.1%
−1.3 ptssince 2023
from 96.4% in 2023
US average: 89.6%
5.7%
Unchangedsince 2023
from 5.7% in 2023
US average: 14.0%
Section 06

Commute & transportation

31.9 min
+1%since 2023
from 31.6 min in 2023
US average: 26.5
31.0%
+6.6 ptssince 2023
from 24.4% in 2023
US average: 68.9%
51.7%
−12.2 ptssince 2023
from 64.0% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
17.2%
+5.6 ptssince 2023
from 11.6% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

4.9%
−1.6 ptssince 2023
from 6.5% in 2023
US average: 5.2%
46.6%
−14.8 ptssince 2023
from 61.3% in 2023
US average: 63.5%
5.2%
+0.5 ptssince 2023
from 4.7% in 2023
US average: 13.1%
19.0%
+6.2 ptssince 2023
from 12.8% in 2023
US average: 42.5%
Section 08

People & community

26.9%
−8.9 ptssince 2023
from 35.8% in 2023
73.1%
+8.9 ptssince 2023
from 64.2% in 2023
2.1%
−0.4 ptssince 2023
from 2.4% in 2023
US average: 14.1%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 6.2%
15.2%
−8.4 ptssince 2023
from 23.6% in 2023
US average: 13.3%
2.1%
−1.5 ptssince 2023
from 3.6% in 2023
US average: 8.4%
76.7%
+10.0 ptssince 2023
from 66.7% in 2023
US average: 91.0%
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
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Frequently asked

How many people live in Prospect, Tennessee?

Prospect, Tennessee has about 145 residents according to the 2024 American Community Survey.

What is the median household income in Prospect, Tennessee?

The typical household in Prospect, Tennessee earns about $61,607 a year. Half of households make more than that, and half make less.

Is Prospect, Tennessee expensive?

In Prospect, Tennessee, the median home is worth about $154,800.

How educated are people in Prospect, Tennessee?

About 45.1% of adults age 25 and over in Prospect, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in Prospect, Tennessee?

About 0.0% of people in Prospect, Tennessee live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Prospect, Tennessee: demographics, income & housing data · CensusEasy