Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.4 yrs |
|---|---|
| Avg HH Size | 2.73 |
| Below Poverty | 8.3% ▼ 17% below avg |
| College Grads | 26.6% ▼ 31% below avg |
| Unemployment | 2.3% ▼ 54% below avg |
| No HS Diploma | 12 (0.6%) |
| HS Graduate | 712 (37.3%) |
| Some College | 383 (20.1%) |
| Associates | 294 (15.4%) |
| Bachelors | 146 (7.7%) |
| Graduate Degree | 361 (18.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,875 ▼ 18% below avg |
|---|---|
| Median Home Value | $204,300 ▼ 27% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $911/mo |
| Total Housing Units | 1,348 |
| Vacant Units | 311 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Prospect is a city in Tennessee, located in Giles County. The city spans 1 ZIP code and is home to approximately 2,833 residents. It is a mature city, with a median age of 50.4 years.
Economically, Prospect is a solidly middle-class community. The median household income of $62,875 is below the national average. Approximately 8.3% of residents live below the poverty line. The unemployment rate is 2.3%, well below the national average.
The real estate market in Prospect is an affordable housing market. Median home values stand at $204,300, which is below the national average. Renters typically pay around $911 per month. Homeownership is high at 87.8%, typical of suburban and family-oriented communities.
The population of Prospect is moderately educated. 26.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.54%).
Prospect, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 38477 | 2,833 | $62,875 | $204,300 | $911 | 2.3% | 26.6% | 87.8% |