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Prospect, TN

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Prospect is a tiny town located in the state of Tennessee. With a population of 121 people and just one neighborhood, Prospect is the 385th largest community in Tennessee. Prospect has an unusually large stock of pre-World War II architecture, making it one of the older and more historic towns.

Occupations and Workforce

Because occupations involving physical labor dominate the local economy, Prospect is generally considered to be a blue-collar town. 40.70% of the Prospect workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Prospect is a town of service providers, transportation and shipping workers, and construction workers and builders. There are especially a lot of people living in Prospect who work in maintenance occupations (39.53%), business and financial occupations (6.98%), and office and administrative support (4.65%).

A relatively large number of people in Prospect telecommute to their jobs. Overall, about 11.63% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Because of many things, Prospect is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Prospect really has some of the features that families look for when choosing a good community to raise children. Is Prospect perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Prospect has relatively fewer families with younger children, and/or college students. Combined, this makes Prospect a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.

One downside of living in Prospect is that it can take a long time to commute to work. In Prospect, the average commute to work is 37.30 minutes, which is quite a bit higher than the national average.

Being a small town, Prospect does not have a public transit system used by locals to get to and from work.

Demographics

The education level of Prospect ranks among the highest in the nation. Of the 25-and-older adult population in Prospect, 40.00% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Prospect in 2022 was $26,327, which is lower middle income relative to Tennessee and the nation. This equates to an annual income of $105,308 for a family of four. However, Prospect contains both very wealthy and poor people as well.

The people who call Prospect home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prospect residents report their race to be White, followed by Native American. Important ancestries of people in Prospect include German, English, Irish, Yugoslavian, and Other West Indian.

The most common language spoken in Prospect is English. Other important languages spoken here include Italian and Greek.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

NeighborhoodScout's exclusive research identifies the neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 51.2% of its working residents employed in such fields, which is a higher proportion than 99.1% of American neighborhoods.

Modes of Transportation

Our research shows that more people carpool to work here in the (24.5%) than in 96.7% of the neighborhoods in America.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 28 residents per square mile, is less crowded than 93.1% of all U.S. neighborhoods. One of the notable things about is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Prospect are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.3% of U.S. neighborhoods. In addition, 1.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 78.3% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the neighborhood, 51.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.4%), and 6.0% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the neighborhood is English, spoken by 99.6% of households. Some people also speak Italian (2.9%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the neighborhood in Prospect, TN, residents most commonly identify their ethnicity or ancestry as English (18.6%). There are also a number of people of German ancestry (7.4%), and residents who report Irish roots (6.6%), and some of the residents are also of Scottish ancestry (4.8%), along with some French ancestry residents (2.5%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (36.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (24.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Commute To Work
Migration & Mobility
Race & Ethnic Diversity
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Higher Education Attainment
Crime includes:
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Schools include:
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