Nestled in the heart of North Texas lies the charming town of Prosper, a community with a rich history and a vibrant present. From its humble beginnings as a small farming settlement to its current status as a thriving suburban oasis, Prosper’s population history is a fascinating tale of growth, change, and community spirit. Join us as we delve into the intriguing story of Prosper’s past residents, exploring how they have shaped the town we know and love today. Let’s uncover the secrets of Prosper’s population history together.
Population By Year
| Year | Population | Rank in US | Growth Rate |
|---|---|---|---|
| 2020 | 28,796 | 212 | – |
| 2010 | 9,423 | 84 | 207.7% |
| 2000 | 2,097 | 1672 | 13.9% |
| 1990 | 1,141 | 1819 | 635.1% |
| 1980 | 195 | – | – |
| 1970 | 448 | – | – |
| 1960 | 425 | – | – |
| 1950 | 226 | – | – |
| 1940 | 177 | – | – |
| 1930 | 230 | – | – |
| 1920 | 288 | – | – |
| 1910 | 193 | – | – |
| 1900 | 189 | – | – |
| 1890 | 244 | – | – |
| 1880 | 99 | – | – |
| 1870 | 83 | – | – |
| 1860 | 78 | – | – |
| 1850 | 34 | – | – |
Prosper, Texas Population Facts
Early Settlement and Population Growth
Prosper, Texas, originally founded in the late 1800s, experienced slow population growth in its early years. By the time of the 1920 census, the town’s population was only 500 residents.
Population Boom in the 21st Century
In the early 2000s, Prosper saw a significant increase in population due to its proximity to the Dallas-Fort Worth metroplex and its reputation as a family-friendly community.
Current Population Figures
As of the latest census data, the population of Prosper, Texas, stands at approximately 28,000 residents.
Factors Contributing to Population Growth
- Proximity to major cities like Dallas and Fort Worth
- Quality schools and education system
- Low crime rates and safe community
- Affordable housing options
Overall, the population of Prosper, Texas, has experienced steady growth over the past few decades, making it a desirable place to live for many families and individuals looking for a small-town atmosphere with access to big-city amenities.
Prosper Texas Demographics
Located in Collin and Denton counties, Prosper is a fast-growing town in Texas known for its family-friendly community and excellent schools. Let’s delve into the demographics of this up-and-coming city:
Population Growth
Prosper has experienced a significant population increase in recent years, with a growth rate of over 200% since 2010. The town’s population was around 9,600 in 2010 and has since surged to over 30,000 residents in 2021.
Ethnicity
- The population of Prosper is predominantly White, making up around 80% of the residents.
- Hispanic or Latino residents account for approximately 11% of the population.
- African American and Asian residents make up smaller, but growing, percentages of the population.
Age Distribution
- The median age in Prosper is 38 years, reflecting a population that includes a mix of young families and older residents.
- Children under 18 make up a significant portion of the population, highlighting the town’s appeal to families.
Overall, Prosper’s demographics showcase a vibrant and diverse community that continues to attract new residents seeking a high quality of life in a thriving suburban setting.
Prosper, Texas Income & Labor Statistics
Median Household Income
In 2021, Prosper, Texas had a median household income of $152,306, which was significantly higher than the national average of $68,703. The town’s affluent residents enjoy a comfortable lifestyle due to the high incomes typical in the area.
Unemployment Rate
Prosper boasts an impressively low unemployment rate of just 2.8%, compared to the national average of 6.7%. The town’s thriving economy and proximity to large metropolitan areas like Dallas contribute to its low unemployment rate.
Major Industries
The main industries driving Prosper’s economy include:
- Real estate and rental services
- Professional, scientific, and technical services
- Health care and social assistance
- Finance and insurance
Top Employers
Some of the top employers in Prosper, Texas include:
- Prosper Independent School District
- Prosper Town Center
- Whitley Place
- Prosper Veterinary Hospital
Overall, Prosper’s income and labor statistics reflect a prosperous community with a strong economy and high standards of living for its residents.
Prosper, Texas Housing & Rent Statistics
As the population of Prosper, Texas continues to grow, so does the demand for housing. Here is a look at the housing and rent statistics in this thriving city:
Housing Market Trends
The housing market in Prosper is competitive, with prices steadily rising due to high demand. Here are some key statistics:
- The median home value in Prosper is $448,500.
- The median rent price is $2,300 per month.
- Home values have increased by 6.2% over the past year.
Rental Market Statistics
Renting a home or apartment in Prosper is also a popular choice for residents. Here are some rental statistics:
- The average rent for a 1-bedroom apartment is $1,500 per month.
- The average rent for a 2-bedroom apartment is $1,800 per month.
- Rental vacancy rates are low, at around 5%.
Affordability and Options
While prices are on the rise, Prosper offers a variety of housing options to cater to different budgets and lifestyles. From luxurious estates to more affordable apartments, there is something for everyone in this growing city.
Whether you are looking to rent or buy, Prosper, Texas has a diverse range of housing options to suit your needs.
Conclusion
In conclusion, Prosper, Texas has experienced tremendous growth in its population over the past few decades. From humble beginnings as a small farming community, the town has transformed into a bustling suburb with a rapidly increasing population. Factors such as its proximity to major cities, strong local economy, and attractive housing options have all contributed to this population boom. As we look towards the future, it is clear that Prosper will continue to attract new residents and businesses, further solidifying its status as a thriving community in North Texas. By understanding the town’s population history, we can gain insight into the factors that have shaped Prosper into the vibrant town it is today.