Prosper, Texas Income Statistics
Prosper Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A+
Prosper Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Prosper | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $189,740 | $78,939 | $80,455 |
| Median Personal Income | $113,039 | $56,913 | $60,758 |
| Average Yearly Income Growth | 5.5% | 4.6% | 4.8% |
| Six-Figure Earners | 34.9% | 13.0% | 13.9% |
| $200k+ Households | 46.4% | 12.5% | 13.2% |
The median household income in Prosper is about 140% higher than in Texas. Income has been growing faster in Prosper (5.5%/yr) than in Texas (4.6%/yr).
About 35% of adults in Prosper earn six figures ($100,000 or more) a year, higher than the Texas average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Prosper, Texas grew by 131.9% from 2009 to 2024, reaching $189,740 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Prosper
| Metric | Prosper | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.541 | 0.570 | 0.552 |
| Male Median Income | $130,466 | $66,147 | $69,667 |
| Female Median Income | $82,384 | $53,058 | $56,850 |
| Gender Pay Gap | 36.9% | 19.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Prosper, it is 0.541, lower than Texas's 0.570, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 58% more than women's income in Prosper, Texas. Over a 35-year career, a 58% wage gap accumulates to roughly $1,682,870 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Prosper, Texas has widened from about 34% to 37% in 2024. Over that period the gap was widest at 53% in 2013. In dollar terms, the gap has widened by $26,307 since 2009.
Employment
| Metric | Prosper | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.3% | 5.2% | 5.2% |
| Working from Home | 35.0% | 14.4% | 15.0% |
| Commute time (minutes) | 28 | 22 | 22 |
Approximately 1,149 people are unemployed in Prosper, Texas.
The average commute time in Prosper is 28 minutes, longer than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Prosper, Texas has risen from 4.0% to 5.3% in 2024. Over that period the rate fell as low as 2.4% in 2019.
Prosper, TX Wealth Compared With Nearby Cities
How Prosper, TX compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Prosper, TX | 42,836 | $189,740 #1/3 | 5.5%/yr #2/3 | 5.3% #3/3 | 0.541 #2/3 |
| Frisco, TX | 221,418 | $148,738 | 3.3%/yr | 4.7% | 0.532 |
| Celina, TX | 22,149 | $169,487 | 6.5%/yr | 3.3% | 0.551 |
Conclusion
Considering all these factors, Prosper, Texas has an overall wealth index grade of A+, making it far better than Texas, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Prosper, Texas.
How Rich Is Prosper, Texas?
Prosper has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $189,740, about 140% higher than the Texas average of $78,939.
How fast is household income rising in Prosper, Texas?
Between 2009 and 2024, the median household income in Prosper, Texas rose 132%, from $81,819 to $189,740. Over the same years, income here outpaced Texas as a whole: +132% against +64%.
What was the median household income in Prosper in 2023?
In 2023, the median household income in Prosper, Texas was $182,534, up 5% from $174,510 in 2022. The Texas median that year was $76,528.
What was the median household income in Prosper in 2020?
In 2020, the median household income in Prosper, Texas was $154,815. By 2024 it had risen 23% to $189,740.
Is Prosper, Texas a high-income area?
Yes. 35% of adults in Prosper, Texas earn $100,000 or more a year (about 1 in 3), against 13% (about 1 in 8) in Texas. 46% of households have a combined income of $200,000 or more, compared with 12% in Texas.
What is the Gini coefficient in Prosper, Texas?
The Gini coefficient in Prosper is 0.541. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Prosper, Texas?
Since 2009, the income gap between men and women in Prosper, Texas has widened from about 34% to 37% in 2024. Over that period the gap was widest at 53% in 2013. In dollar terms, the gap has widened by $26,307 since 2009.
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