Prospect, TN 38477 has a population of approximately 2,811 and experiences a population change rate of -5.89%. The population density is 29.9 / sq mi .
Prospect, TN 38477 has a population of approximately 2,811 and experiences a population change rate of -5.89%. The population density is 29.9 / sq mi .
The median household income for Prospect, TN 38477 is $55,800, with 1,220 households and an average household size of 2.81.
The median value of a home in Prospect, TN 38477 is $202,600 with an appreciation rate of 26.60%. 68.49% of housing in the state is owned while 10.94% is rented.
The cost of living in Prospect, TN 38477 is 86.5 %.
The unemployment rate in Prospect, TN 38477 is 2.50%, and recent job growth is at -0.40%. Future job growth is projected at 39.87%.
The sales tax rate in Prospect, TN 38477 is 9.50%, while the income tax rate is 0.00% .
School expenditures in Prospect, TN 38477 are $9,925, and the school ratio is 13.7:1.
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 56.9 inches per year, with 2.3 inches of snow per year.