Income & Economy in Prospect CDP, TN (38477)
Median Income
$62,875
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+100
Wealth inflow
Population
2,833
Unemployment
2.3%
1.4pp below US avg
IRS migration statistics show a net inflow of about 100 for ZIP 38477 (Prospect CDP, TN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 38477 (2020–Present)
Since 2020, population declined 2.8%, median income fell 4.8% (inflation-adjusted), home values increased 38.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $62,875 |
| Unemployment | 2.3% |
| Establishments | 9 |
| Employees | 34 |