Median Income
$57,031
household / year
Median Home Value
$110,900
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
N/A
national avg = 100

Is Prospect, TN a Good Place to Live?

Prospect is a small town of 93 in Tennessee, with a median household income of $57,031 .

Strengths: Prospect stands out for below-average home prices, solid school ratings (A), a well-educated population.

Trade-offs: No major red flags stand out in the available data. Whether Prospect is right for you depends on your priorities — the full breakdown is below.

All Prospect city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Cost of living data is based on the Bureau of Economic Analysis Regional Price Parities for the Prospect metro area.

Metric Prospect, TN National Avg
Median Home Value $110,900 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 73.9% 65.9%
Median Household Income $57,031 $74,755

Crime & Safety

Very Safe

Prospect's violent crime rate is 210.4 per 100,000 residents — 45% lower than the national average of ~380 per 100,000.

Violent Crime
210.4 /100k
Property Crime
1096.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Prospect is served primarily by Giles County.

Metric Prospect, TN National Avg
School District Giles County
Elementary Schools 5
Middle Schools 1
High Schools 2
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 83.3% 35.4%
High School Diploma or Higher 93.1% 91.1%

Weather & Climate

Prospect sees average highs of 51.9°F in January and 90.8°F in July, with 55.7 inches of annual precipitation and 1.9 inches of snow per year.

MetricProspect, TN
Average High — January51.9°F
Average High — July90.8°F
Annual Precipitation55.7"
Annual Snowfall1.9"

Demographics

MetricProspect, TNNational Avg
Population93
Median Age52.438.9
Unemployment Rate0.0%3.7%
Avg Commute TimeN/A26 min
White (non-Hispanic)92.5%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1812.9%22.2%
65 and over14.0%16.8%

Nearby Cities

ZIP Codes in Prospect

Prospect, TN is covered by 1 ZIP code:

Prospect vs Other Cities

Frequently Asked Questions

Prospect has a median home value of $110,900 and median rent of N/A/month against a median household income of $57,031.
Prospect's violent crime rate is 210.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1096.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Prospect are operated by Giles County. The district has 5 elementary, 1 middle, and 2 high schools. 83.3% of adults 25+ hold a bachelor's degree or higher.
Prospect, TN has a population of 93, a median household income of $57,031, and an unemployment rate of 0.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Prospect averages 51.9°F in January and 90.8°F in July. Annual rainfall is 55.7 inches with about 1.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Prospect, TN is covered by 1 ZIP code: 38477.
The population of Prospect, Tennessee is 93 with a median age of 52.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Prospect: median home $110,900, median household income $57,031, crime index 54 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Prospect side by side with your current city to see the trade-offs.