How many renters in Prosper, TX pay more than 30% of their income on rent?
42.0% (±11.7 points) of renting households in Prosper, TX spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
40.4% spend 35% or more.
The median renting household spends 27.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 42.0% (±11.7 points)
- Paying 35% or more
- 40.4% (±11.5 points)
- Median share of income
- 27.7% (±4.0 points)
Rent as a share of income in Prosper
| Share of income spent on rent | Prosper | Collin County | Texas | United States |
|---|---|---|---|---|
| Less than 15% | 4.2% (±4.5 points) | 11.8% | 11.2% | 12.6% |
| 15% to 19.9% | 11.6% (±7.9 points) | 13.3% | 12.3% | 12.2% |
| 20% to 24.9% | 24.4% (±10.9 points) | 14.7% | 13.2% | 12.6% |
| 25% to 29.9% | 17.9% (±10.0 points) | 12.7% | 11.6% | 11.5% |
| 30% to 34.9% | 1.6% (±2.4 points) | 10.1% | 9.4% | 9.2% |
| 35% or more | 40.4% (±11.5 points) | 37.4% | 42.3% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Prosper against Collin County, its state and the nation
| Prosper | Collin County | Texas | United States | |
|---|---|---|---|---|
| Paying 30% or more | 42.0% (±11.7 points) | 47.5% (±1.6 points) | 51.7% (±0.3 points) | 51.1% |
| Paying 35% or more | 40.4% (±11.5 points) | 37.4% (±1.4 points) | 42.3% (±0.3 points) | 41.9% |
| Median share of income | 27.7% (±4.0 points) | 29.0% (±0.5 points) | 30.9% (±0.2 points) | 30.6% |
| Median renter household income | $78,328 (±$14,359) | $77,455 (±$2,189) | $53,222 (±$285) | $52,966 |
| Median gross rent | $2,176 (±$159) | $1,859 (±$15) | $1,403 (±$4) | $1,413 |
In Prosper, the share of renters paying 30% or more of income is not measurably different from Collin County (47.5%).
It is not measurably different from Texas (51.7%).
It is not measurably different from the national figure (51.1%).
In Collin County, Prosper ranks 16 of 23 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 827 of 1,366.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Prosper
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Prosper | — | 42.0% (±11.7 points) | — |
| Savannah | 5.6 mi | 41.6% (±29.3 points) | Not measurably different |
| Celina | 5.7 mi | 62.4% (±27.6 points) | Not measurably different |
| Frisco | 6.0 mi | 45.1% (±4.3 points) | Not measurably different |
| Little Elm | 7.1 mi | 43.8% (±8.5 points) | Not measurably different |
| Paloma Creek South | 7.3 mi | 27.7% (±17.0 points) | Not measurably different |
| Paloma Creek | 7.3 mi | 51.9% (±36.8 points) | Not measurably different |
| Providence Village | 8.3 mi | 64.7% (±21.9 points) | Not measurably different |
| Hackberry | 8.8 mi | 45.2% (±29.3 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Collin County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 10 | Wylie | 51.7% (±12.0 points) |
| 11 | Lowry Crossing | 50.0% (±111.7 points) |
| 12 | McKinney | 48.5% (±3.5 points) |
| 13 | Frisco | 45.1% (±4.3 points) |
| 14 (tie) | Josephine | 43.5% (±32.4 points) |
| 14 (tie) | Plano | 43.5% (±2.2 points) |
| 16 | Prosper | 42.0% (±11.7 points) |
| 17 | Princeton | 41.8% (±14.5 points) |
| 18 | Blue Ridge | 38.6% (±30.5 points) |
| 19 | Farmersville | 27.0% (±28.6 points) |
| 20 | Lavon | 20.1% (±38.8 points) |
| 21 | Weston | 20.0% (±123.2 points) |
| 22 | Nevada | 16.7% (±90.4 points) |
Showing 13 of 23 places in Collin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Prosper
Are renters in Prosper rent-burdened?
42.0% of renting households in Prosper pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Prosper spend on rent?
The median renting household in Prosper, TX spends 27.7% (±4.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Prosper town, Texas
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Prosper town, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Prosper town, Texas
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Prosper town, Texas (place:59696, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Prosper at a glance
- Median rent in Prosper
- Rent by bedrooms in Prosper
- Renters and owners in Prosper
- Income and affordability in Prosper
- Home values in Prosper
- Homeowner costs in Prosper
- Property taxes in Prosper
- Types of homes in Prosper
- Bedrooms in Prosper
- Heating fuel in Prosper
- Commute and cars in Prosper
- Population growth in Prosper
- How long people stay in Prosper
- Crowding and facilities in Prosper
- Fair Market Rent in Prosper
- Texas landlord and tenant rules
- Housing across Collin County
- Texas places ranked by rent burden
- Housing data for every place in Texas