Prospect, TN

Tennessee

Prospect is a small town in Tennessee with a population of 165. Residents earn $74,583 per year, which is 1% below the national average.

4.5 /5.0
A+ Excellent
165 Population 118/sq mi density
$74,583 Median Income $26,327 per capita
$117,000 Home Value $249,516 Zillow
60°F Avg Temperature 301 sunny days/yr
A+
Overall
4.5 / 5.0
Excellent overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$74,583 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$117,000 home value
A
Education
4.2 / 5.0
40.0% bachelor's degree or higher
Median Income $74,583
1% lower than US avg
Home Value $117,000
58% lower than US avg
Bachelor's+ 40.0%
19% higher than US avg
Obesity Rate 40.0%
25% higher than US avg
Unemployment 4.0%
11% higher than US avg
Poverty Rate 0.0%
100% lower than US avg

How Prospect Compares to the U.S. Average (100% = U.S. avg)

People

Population165
Median Age41.8 yrs
Density118/mi²
Male / Female36% / 64%
Largest GroupWhite 93%
Veterans81.0%

Economy

A
Median Income$74,583
Per Capita$26,327
Unemployment4.0%
Poverty0.0%
County GDP$1,714M
Commute32 min

Housing

A+
Home Value$117,000
RentN/A
OwnershipN/A
Zillow$249,516
Housing Units37

Health

Obesity40.0%
Uninsured13.6%
Smoking20.9%
Depression28.6%
Heart Disease6.2%

Climate

Avg Temp60°F (16°C)
AQI40 (Good)
Rain59.8 in/yr
Sunny Days301/yr
Elevation591 ft (180 m)

Education

A
Bachelor's+40.0%
High School+96.4%
Graduate+11.1%
School Score5.08

Community

2024 VoteR 82% / D 17%
Commute32 min
Broadband36.0%
Libraries1

Is Prospect a Good Place to Live?

Based on current data, Prospect receives an overall livability score of 4.5 out of 5.0, earning a grade of A+. Key strengths include a highly educated population, affordable housing, abundant sunshine, a low poverty rate. Areas to be aware of include a high uninsured rate, high obesity rates. Prospect stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Prospect is $74,583, roughly in line with the national average of $75,149. Unemployment stands at 4.0%, indicating a healthy job market. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 32 minutes.

Cost of Living & Housing

The median home value in Prospect is $117,000, 58% below the national median — offering relatively affordable homeownership. At just 1.6x median income, home prices are very affordable relative to local earnings.

Education

Educational attainment is solid, with 40.0% holding a bachelor's degree or higher, near the national average. 96.4% have completed high school. Area schools have an average test score of 5.1/10.

Climate & Weather

Prospect enjoys a moderate climate with an average annual temperature of 60°F. Winters average 40°F in January while summers reach 78°F in July. With 301 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 59.8 inches. Air quality is rated Good with a median AQI of 40.

Prospect has a population of 165 with a density of 118 people per square mile. The median age is 41.8 years, 7% older than the national median of 38.9. The city is predominantly White (93.3%), with 6.7% Hispanic.

Population

165
Total Population
118
People / sq mi
41.8yrs
Median Age
7% above US avg
1.4mi²
Land Area

Gender Distribution

Male 35.8%
Female 64.2%

Race & Ethnicity

Prospect vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Prospect vs U.S. Average

The median household income in Prospect is $74,583, which is 1% below the national average of $75,149. The unemployment rate is 4.0% (above the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 32 minutes.

Income: Prospect vs U.S.

Commute Mode

Income

Median HH Income$74,583
1% below US avg
Per Capita Income$26,327
Avg Weekly Wage$973
IRS Avg AGI$64,203

Employment & Poverty

Unemployment4.0%
11% above US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)804
County GDP$1,714M

Business (County)

Restaurants42
Healthcare70
Retail137
Manufacturing34

Tax & Cost of Living

Property Tax (IRS)$2,298
34% below US avg
Effective Tax Rate1.96%

Commute & Transportation

Commute Time31.6 min
Drive Alone24.4%
Public Transit0.0%
Work from Home11.6%

Walkability

The median home value in Prospect is $117,000, 58% below the national average. Zillow estimates the typical home value at $249,516.

Home Value Sources

Ownership Split

Home Values

Census Median$117,000
58% below US avg
Zillow ZHVI$249,516

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

Studio$882
1 Bedroom$924
2 Bedrooms$1,118
3 Bedrooms$1,445
4 Bedrooms$1,644

Ownership & Property

Owner-Occupied80.6%
Housing Units37
Median Year Built1994

Property Tax

Avg Tax (IRS)$2,298
34% below US avg
Effective Rate1.96%
In Prospect, 40.0% of adults are obese (above the 32.1% national rate). 13.6% of residents lack health insurance. 20.9% are current smokers. 28.6% report depression. 27.1% are physically inactive.

Health Metrics: Prospect vs U.S. Average (%)

Chronic Conditions

Obesity40.0%
25% above US avg
Diabetes12.3%
Heart Disease6.2%
High Blood Pressure37.6%
Asthma11.0%
COPD8.6%
Cancer7.1%
Stroke3.5%

Behaviors & Mental Health

Smoking20.9%
49% above US avg
Binge Drinking16.6%
Physical Inactivity27.1%
Depression28.6%
Mental Distress20.9%
Physical Distress15.4%
Short Sleep43.3%

Healthcare Access

Insurance Rate100.0%
Uninsured13.6%
58% above US avg
Checkup Rate74.9%
Dental Visits50.4%
Premature Death13,045/100K

Food & Exercise

Food Environment8.0/10
Exercise Access28.1%
Healthcare Facilities70
Prospect has an average annual temperature of 60°F (16°C). Winters average 40°F in January while summers reach 78°F in July. Annual precipitation is 59.8 inches. The area enjoys 301 sunny days per year. Air quality is rated Good with a median AQI of 40.

Temperature

40°F Jan (5°C) 78°F Jul (26°C)
Annual Average60.0°F
11% above US avg
January Average40°F (5°C)
July Average78°F (26°C)
Sunny Days301 days/yr

Precipitation & Snow

Annual Rainfall59.8 inches
57% above US avg
Snowfall1.1 inches/yr

Air Quality

AQI Median40.0
RatingGood

Geography

Elevation591 ft (180 m)
Area1.4 sq mi (3.6 km²)
Population Density118/sq mi
Coordinates35.0219°N, 86.9989°W
TimezoneAmerica/Chicago
County FIPS47103
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 40.0% of residents hold a bachelor's degree or higher (19% above US avg). In the 2024 election, the county voted Republican by a 64.6-point margin. 36.0% of households have broadband internet.

2024 Presidential Election (County)

R 81.9%
D 17.3%

Winner: Republican by 64.6 points

Education

Bachelor's Degree+40.0%
19% above US avg
High School+96.4%
Graduate Degree+11.1%
School Test Score5.08
A Education Grade (4.2/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density118/sq mi
Total Area1.4 sq mi

Infrastructure & Services

Broadband Access36.0%
Public Libraries1
Healthcare Facilities70
Restaurants42
Retail Stores137

Safety & Disasters

Fatal Crashes (County/yr)6

Commute & Transportation

Avg Commute31.6 min
Drive Alone24.4%
Public Transit0.0%
Work from Home11.6%

Nearby Cities

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