Neighborhood in Prosper, Collin County

Living in Southwest Prosper, Prosper

A-

4th of 7areas in Prosper
Overall score 88 of 100 vs Texas neighborhoods
Prosper overall: A

Southwest Prosper covers part of Prosper, TX, home to about 2,800 people. It gets an A-, in the top 20% of Texas neighborhoods, and ranks 4th of 7 areas we score in Prosper. It does best on jobs and income and worst on getting around.

  • Top-rated schools
  • Pricey
  • Well connected
  • Lots of parks
  • Getting around scores low (15 of 100)
  • Tornado risk is very high

Closest everyday places

Grocery store1.3 mi
Pharmacy0.9 mi
Park0.5 mi
Cafe0.8 mi
Restaurant0.5 mi
Gym0.8 mi
Hospital or urgent care0.9 mi
Childcare0.8 mi
Library3.1 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
2,750
Median rent
$2,700
Median home value
$757,000
Household income
$238,600
Average commute
28 min
Homes owned
99%
Loading map

What it's like to live in Southwest Prosper

Southwest Prosper is an area in Prosper with about 2,800 residents, mostly newer homes (median year built 2017), mostly owner-occupied (99%) and 72% of households with children.

It grades A- against every neighborhood in Texas and ranks 4th of 7 areas in Prosper, which grades A overall.

Pros of living in Southwest Prosper

  • Well-rated schools nearby. 3 of the 3 closest public schools are rated A or B.
  • Parks within walking distance. The closest park is about 0.5 miles away.

Cons of living in Southwest Prosper

  • Pricier rent than the city. Median rent is $2,700, 24% higher than the Prosper median.
  • Natural hazard risk. FEMA rates the risk of tornadoes, heat waves and hail as very high in this part of town.

Southwest Prosper report card

Each grade compares Southwest Prosper with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade D+

    Median rent $2,700, homes cost 3.2x income.

    25 of 100 vs TX areas

  • Jobs and income: grade A+

    Median household income $238,600, 0% unemployed.

    100 of 100 vs TX areas

  • Schools: grade A-

    Nearby schools average 89 of 100 on the state rating.

    87 of 100 vs TX areas

  • Safety: no grade

    Citywide, 43 violent crimes per 100k, 670 property crimes per 100k.

    No score vs TX areas

  • Errands and things to do: grade C

    Most everyday stores and services within a mile of homes.

    45 of 100 vs TX areas

  • Getting around: grade D-

    Average commute 28 min, 37% work from home.

    15 of 100 vs TX areas

  • Education levels: grade A

    82% have a bachelor’s degree.

    93 of 100 vs TX areas

  • Health: grade B+

    8.4% of adults uninsured.

    74 of 100 vs TX areas

  • Home ownership: grade B+

    99% of homes owner-occupied.

    75 of 100 vs TX areas

  • Internet access: grade A

    100% of homes have broadband.

    91 of 100 vs TX areas

Southwest Prosper compared with Prosper

Better than Prosper

  • Adults with a bachelor's degree or higher: 82%15 points higher than Prosper (67%)
  • Homes owned by the people living in them: 99%11 points higher than Prosper (88%)
  • Home value to income: 3.2x25% lower than Prosper (4.2x)

Worse than Prosper

  • Median rent: $2,70024% higher than Prosper ($2,176)
  • Vacant homes: 9.7%4 points higher than Prosper (5.7%)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • AWindsong Ranch ElementaryElementary, Prosper ISD0.7 mi
  • AWilliam Rushing MiddleMiddle, Prosper ISD0.6 mi
  • BPanther Creek High SchoolHigh, Frisco ISD0.8 mi

Cost of living in Southwest Prosper

Median rent in Southwest Prosper is $2,700 a month, 24% higher than the Prosper median. A household would need about $108,000 a year to keep that rent at 30% of income.

The median home is worth $757,000, 8% lower than the Prosper median, which means a monthly payment of about $4,977 with property tax at today's mortgage rates.

MeasureHereProsperTexas
Median rent24% higher than Prosper$2,700$2,176$1,403
Median home value8% lower than Prosper$757,000$823,700$283,800
Home value to income25% lower than Prosper3.2x4.2x3.6x
Homes owned by the people living in them11 points higher than Prosper99%88%63%
Vacant homes4 points higher than Prosper9.7%5.7%9.4%
Median year homes were builtAbout the same as Prosper201720141992

Monthly cost to buy a median home

$4,977
Mortgage payment
$4,144
Property tax
$833
Median rent, for comparison
$2,700

Based on a $757,000 home in Southwest Prosper, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereProsperTexas
Median household income22% higher than Prosper$238,600$195,281$78,476
Unemployment rate6 points lower than Prosper0%5.6%5.3%
People below the poverty line5 points lower than Prosper0%5.5%14%
Adults with a bachelor's degree or higher15 points higher than Prosper82%67%34%
Average commute5% lower than Prosper28 min29 min27 min
Workers who work from home1 points higher than Prosper37%36%14%
Workers who walk, bike or take transitAbout the same as Prosper0%0.3%2.6%
Homes with broadband internet2 points higher than Prosper100%98%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingHigh
  • HurricanesModerate
  • TornadoesVery high
  • HailVery high
  • Heat wavesVery high
  • WildfiresVery high
  • Winter stormsModerate
  • Strong windHigh

Who lives in Southwest Prosper

Under 1837%
18 to 349.5%
35 to 6451%
65 and over2.3%
Race and ethnicity
White65%
Hispanic or Latino4.3%
Black1.8%
Asian24%
Other or more than one race5.2%

Shown for information only. It is never part of any grade.

Other neighborhoods in Prosper

  1. 1ACrestview at ProsperMedian rent $2,060
  2. 2ACentral ProsperMedian rent $2,080
  3. 3A-Northeast ProsperMedian rent $2,020
  4. 5B+Southeast ProsperMedian rent $1,940
  5. 6B+Whitley PlaceMedian rent $3,500+
  6. 7B-West ProsperMedian rent $2,620

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. A-PepperdaleThe Woodlands
  2. AInnerwoodsThe Woodlands
  3. A-Breezy HillRockwall

Questions about Southwest Prosper

Is Southwest Prosper a good place to live?

Southwest Prosper covers part of Prosper, TX, home to about 2,800 people. It gets an A-, in the top 20% of Texas neighborhoods, and ranks 4th of 7 areas we score in Prosper. It does best on jobs and income and worst on getting around.

How much does it cost to live in Southwest Prosper?

Median rent in Southwest Prosper is $2,700 a month, 24% higher than the Prosper median. The median home is worth $757,000, 8% lower than the Prosper median. A median home costs 3.2x the median household income, compared with 4.2x across Prosper.

What schools serve Southwest Prosper?

The closest rated public schools are Windsong Ranch Elementary (elementary, rated A), William Rushing Middle (middle, rated A) and Panther Creek High School (high, rated B). School zones can differ from the closest school, so check with the district.

This area groups 1 Census block group in this part of Prosper that have no neighborhood name on the map. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.