CensusEasy
CITY · 2020 ACS

Prospect

Tennessee · 121 residents · 1.395 sq mi
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The short version

Prospect has lower-than-average household income, with a median household income of $59,375. Population has grown 34% since 2021. 78% of adults hold a bachelor's degree or higher, well above the national rate of 33%. 78% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 40.7
US median: 38.8
More educated
78% hold a bachelor's degree
US average: 33%
Owner-heavy
65% owner-occupied
US average: 63%
Section 01

Population & growth

121
+34%vs 2021
vs 90 in 2021
2020 – 2024
87 / sq mi
+34%vs 2021
vs 65 / sq mi in 2021
US average: 280
40.7
−22%vs 2021
vs 52.4 in 2021
US average: 38.8
Population, 20202024
8310512815017320202024Prospect
2024145
20202024
Section 02

Income & economy

$59,375
+18%inflation adjusted, since 2021
vs $52,708 in 2021
US average: $66,278
2020 – 2024
$11,193
+1%vs 2021
vs $11,040 in 2021
US average: $35,364
Households earning $100K+
42.9%
+37.6 ptsvs 2021
vs 5.3% in 2021
US average: 43.9%
8.4%
−0.5 ptsvs 2021
vs 8.9% in 2021
US average: 12.8%
Workforce by industry, 2020
Information6.3%
US avg: 11.1%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Wholesale trade0%
US avg: 6.7%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$86,000
US average: $265,253
2020 – 2024
65.5%
−34.5 ptsvs 2021
vs 100.0% in 2021
34.5% rent
1.4
2020 – 2024
RELATED:See current rent listings in Prospect on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic91.1%(82)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other8.9%(8)
Diversity Score20.2%(18)
2020
White, non-Hispanic81%(98)
Black5%(6)
Hispanic / Latino5%(6)
Asian0.8%(1)
Other19.3%(23)
Diversity Score54.2%(66)
54
+168%vs 2021
vs 20 in 2021
2020 – 2024
Section 05

Education

77.9%
−2.3 ptsvs 2021
vs 80.3% in 2021
US average: 32.9%
High school or higher
100.0%
+7.0 ptsvs 2021
vs 93.0% in 2021
US average: 88.5%
7.4%
−1.1 ptsvs 2021
vs 8.5% in 2021
US average: 12.7%
Section 06

Commute & transportation

20.3 min
US average: 26.9
50.0%
−8.8 ptsvs 2021
vs 58.8% in 2021
US average: 75.1%
0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 8.4%
Section 07

Work & employment

0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 5.4%
19.3%
−1.0 ptsvs 2021
vs 20.2% in 2021
US average: 63.4%
6.3%
−23.2 ptsvs 2021
vs 29.4% in 2021
US average: 39.3%
Section 08

People & community

26.5%
+2.1 ptsvs 2021
vs 24.4% in 2021
73.5%
−2.1 ptsvs 2021
vs 75.6% in 2021
0.0%
−4.4 ptsvs 2021
vs 4.4% in 2021
US average: 13.5%
0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 8.8%
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Frequently asked

How many people live in Prospect, Tennessee?

Prospect, Tennessee has about 121 residents according to the 2020 American Community Survey.

What is the median household income in Prospect, Tennessee?

The typical household in Prospect, Tennessee earns about $59,375 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 $86,000.

How educated are people in Prospect, Tennessee?

About 77.9% 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 8.4% 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 →