Prospect, Tennessee Demographics & Population 2026

A note before these figures: with a population of 145, Prospect's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Prospect is a small community located in Tennessee, within Giles County. The total population is 145. It ranks as the 464th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Prospect is 52.0 years. This is 34% higher than the state median of 38.9 years. Only 11.7% of residents are under 18, indicating fewer families with children. 12.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Prospect is $61,607. This is 11% lower than the state median of $69,595. It is also 24% lower than the national median of $80,734. The ACS records no residents below the poverty line in Prospect. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The unemployment rate is 4.9%. This is 5% higher than the state rate of 4.7%. The median home value is $154,800. Housing costs are 46% lower than the state median of $286,700. With a home-value-to-income ratio of just 2.5x, Prospect is one of the most affordable housing markets in the area. 86.1% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 66.9%.

Race & Ethnicity

Prospect has a predominantly White (non-Hispanic) population, comprising 94.5% of all residents.

Education

45.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Prospect in the top 10% of all cities in the state for educational attainment. This is 45% higher than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.1%.

Data Sources & Methodology

All demographic data for Prospect, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.