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Mount Prospect, IL

Full City Profile · Illinois · Lake County County

3.9 /5.0
B+ Good
55,648 Population 5,191/sq mi density
$103,911 Median Income $48,113 per capita
$377,000 Home Value $420,998 Zillow
$1,454 Median Rent 29.1% income on rent
51°F Avg Temperature 260 sunny days/yr
54 Violent Crime/100K 858 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$103,911 median income, 2.4% unemployment
A+
Affordability
4.6 / 5.0
$377,000 home value, $1,454/mo rent
F
Safety
1.0 / 5.0
54 violent crimes/100K
A+
Education
4.9 / 5.0
48.6% bachelor's degree or higher

Mount Prospect, IL

At a Glance

Median Income
$103,911
38% above
$48,113 per capita
Home Value
$377,000
34% above
Zillow: $420,998
Median Rent
$1,454/mo
25% above
29.1% of income on rent
Violent Crime
54/100K
86% below
858/100K property
Bachelor's Degree+
48.6%
44% above
91.7% high school+
Unemployment
2.4%
33% below
4.3% poverty rate
Obesity Rate
25.9%
19% below
9.5% smoking rate
Avg Temperature
51°F
260 sunny days/yr

How Mount Prospect Compares to the U.S. Average

Each bar shows Mount Prospect's value as a percentage of the national average (100% = U.S. avg)

Income
138%
Home Value
134%
Rent
125%
Poverty
35%
Bachelor's
144%
Unemployment
67%
Crime
14%
Thin vertical line = U.S. national average (100%)

Is Mount Prospect a Good Place to Live?

B+
3.9 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Mount Prospect residents earn a median household income of $103,911 , which is 38% above the national average of $75,149. Per capita income is $48,113. The unemployment rate stands at 2.4% (33% below the U.S. rate of 3.6%). 4.3% of residents live below the poverty line. The area is home to 19,967 business establishments, including 1,607 restaurants.

Housing & Cost of Living

The median home value in Mount Prospect is $377,000 , 34% above the national median of $281,900. Zillow estimates the typical home at $420,998. Median rent is $1,454/month, with 29.1% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1968.

Safety & Crime

Mount Prospect reports 54 violent crimes per 100,000 residents , which is 86% below the national average of 380/100K. Property crime is 858/100K. The murder rate is 0.0/100K.

Education

48.6% of adults in Mount Prospect hold a bachelor's degree or higher (44% above the national average). 91.7% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Mount Prospect has an average annual temperature of 51°F (10°C). Winters average 25°F in January while summers reach 75°F in July. The area gets 260 sunny days per year. Annual precipitation totals 32.3 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population55,648
Median Age41.7 yrs
Density5,191/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans4.8%

Economy

A+
Median Income$103,911
Per Capita$48,113
Unemployment2.4%
Poverty4.3%
County GDP$82,869M
Avg Weekly Wage$1,751

Housing

A+
Home Value$377,000
Rent$1,454
Ownership70.0%
Zillow$420,998
Housing Units23,034
Rent Burden29.1%

Crime

F
Violent54/100K
Property858/100K
Murder0.0/100K
Assault18/100K
Burglary78/100K

Health

Obesity25.9%
Diabetes8.2%
Smoking9.5%
Heart Disease4.1%
Premature Death5,610/100K

Climate

Avg Temp51°F
Sunny Days260/yr
Rain32.3 in/yr
AQI43 (Good)
Elevation682 ft

Education

A+
Bachelor's+48.6%
High School+91.7%
Graduate+16.6%
School Score6.1/10

Community

2024 VoteR 39% / D 60%
Commute27 min
Broadband93.5%
Internet Speed127 Mbps
EV Stations5
Libraries25

Did You Know?

The median home in Mount Prospect was built in 1968.
15.8% work from home.
The nearest airport is Chicago O'Hare International (6 miles).
The Gini coefficient (income inequality) is 0.479 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
9.3% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 127 Mbps.
There are 1,607 restaurants in the area.
The county recorded 55 fatal vehicle crashes.