Prosper is an affluent suburban town located in Collin and Denton counties. The Town of Prosper is located within the Dallas-Fort Worth metropolitan area.The median single-family home price is $401,000. As of 2014,the estimated population was close to 17,000.

History

Prosper was a small rural town on Preston Road about 6 miles north of Frisco, but in recent years – true to its name – it has prospered. Prosper has maintained a spacious country feel while developing into an upscale suburb, with rolling terrain, many trees and large single-family-home lots. Prosper is growing rapidly in terms of new home building (single-family houses in the $300,000 to $4,000,000 + range). In addition to a longtime retail filling station, in 2004 Prosper saw its second and third retail establishments arrive: a Sonic restaurant, and an Exxon "On the Run" station. Since 2004, Prosper has added a Palios, CVS, Ernestos, Subway and many other establishments. In 2014, expansion was announced for The Prosper Town Center.The Gates of Prosper is a luxury $500-million-dollar upscale retail development set to start construction in 2014.

Many Prosper residents are professionals who commute to McKinney, Frisco, Plano, Dallas and neighboring communities.

Prosper was named in the D Magazine 2010 Best Suburbs List as the 5th Best Suburb in the Dallas Metropolitan Area.

Events

The Town of Prosper holds an annual Christmas festival and fourth of July event. Each May, Prosper Founders Fest celebrates the history, people and arts. The event combines the Prosper Fire Department's IBCA sanctioned Barbecue Cook-off, a 5K race through the Prosper area, an art show and music festival and a Sunday Family Fellowship. The Sunday event is unique in that 80% of Prosper families attend local churches. The Family Fellowship is a once-a-year opportunity for the Prosper community celebrate with music, kite-flying and picnics.