All Countries
Prospect, TN
Full City Profile · Tennessee · Lincoln County County
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
Strong
A
Economy
4.2 / 5.0
$74,583 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$117,000 home value, /mo rent
A
Education
4.2 / 5.0
40.0% bachelor's degree or higher
Income Overview
Median Household Income
$74,583
1% below
US avg: $75,149
Per Capita Income
$26,327
33% below
US avg: $39,052
Unemployment Rate
4.0%
11% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Prospect vs. U.S. Average
Each bar shows Prospect’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$74,583
99%
Per Capita
US: $39,052
$26,327
67%
IRS Avg AGI
US: $72,000
$64,203
89%
Avg Weekly Wage
US: $1,432
$973
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$973
32% below US avg ($1,432)
Mean Commute Time
32 min
14% above US avg (28 min)
Work From Home
11.6%
24% below US avg (15.2%)
Drive Alone
24.4%
67% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,714M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
24.4%
Public Transit
0%
Work From Home
11.6%
Other
64%
Average commute time
32 minutes
US avg: 28 min
Business Landscape
Total Establishments
804
Restaurants
42
Healthcare
70
Retail
137
Manufacturing
34
Tax & Financial
IRS Avg Adjusted Gross Income
$64,203
11% below US avg ($72,000)
Avg Property Tax
$2,298
34% below US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $74,583 |
| Per Capita Income | $26,327 |
| IRS Avg Adjusted Gross Income | $64,203 |
| Avg Weekly Wage | $973 |
| County GDP | $1,714M |
Hardship Indicators
| Unemployment Rate | 4.0% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.429 |
| Cost of Living Index | 91.9 |
Commute
| Mean Commute | 32 minutes |
| Drive Alone | 24.4% |
| Public Transit | 0.0% |
| Work From Home | 11.6% |
Businesses
| Total Establishments | 804 |
| Restaurants | 42 |
| Healthcare | 70 |
| Retail | 137 |
| Manufacturing | 34 |
Tax
| IRS Avg AGI | $64,203 |
| Avg Property Tax | $2,298 |