Cost of Living in Prosper, TX
Population: 34,567 • 2026 Data
$187,603
Median Household Income
+142% vs national
$2,152
Median Monthly Rent
+60% vs national
$694,600
Median Home Value
+105% vs national
4.8%
Unemployment Rate
Housing in Prosper
The median home value in Prosper, TX is $694,600. Monthly rent for a typical unit averages $2,152, while total monthly housing costs (including utilities and insurance) average $3,268.
Rent-to-income ratio: 13.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Prosper, TX is $187,603. The unemployment rate stands at 4.8%, with a labor force of 17,395 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.