Prospect CDP, Tennessee Demographics & Population 2026

Population Overview

Prospect CDP is a small community located in Tennessee. The total population is 165. It ranks as the 458th most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in Prospect CDP is 41.8 years. This is 7% higher than the state median of 38.9 years. Only 11.5% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Prospect CDP is $74,583. This is 11% higher than the state median of $67,097. Compared to the national median of $78,538, household income here is 5% lower. The poverty rate stands at 0.0%. This is 100% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 6.5%. This is 38% higher than the state rate of 4.7%. The median home value is $117,000. Housing costs are 54% lower than the state median of $256,800. With a home-value-to-income ratio of just 1.6x, Prospect CDP is one of the most affordable housing markets in the area. 80.6% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 67.0%.

Race & Ethnicity

Prospect CDP has a predominantly White (non-Hispanic) population, comprising 93.3% of all residents.

Education

40.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Prospect CDP in the top 10% of all cities in the state for educational attainment. This is 32% higher than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%.

Data Sources & Methodology

All demographic data for Prospect CDP, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.