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Prospect Heights, IL

Full City Profile · Illinois · Lake County County

3.5 /5.0
B+ Good
15,681 Population 3,725/sq mi density
$91,599 Median Income $46,868 per capita
$347,500 Home Value $356,014 Zillow
$1,391 Median Rent 22.3% income on rent
51°F Avg Temperature 260 sunny days/yr
106 Violent Crime/100K 494 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$91,599 median income, 3.2% unemployment
A+
Affordability
4.5 / 5.0
$347,500 home value, $1,391/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
B+
Education
3.9 / 5.0
36.3% bachelor's degree or higher

Income Overview

Median Household Income
$91,599
22% above
US avg: $75,149
Per Capita Income
$46,868
20% above
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
2.9%
77% below
US avg: 12.4%

Income Comparison: Prospect Heights vs. U.S. Average

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

Median Household
US: $75,149
$91,599
122%
Per Capita
US: $39,052
$46,868
120%
IRS Avg AGI
US: $72,000
$143,679
200%
Avg Weekly Wage
US: $1,432
$1,751
122%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,751
22% above US avg ($1,432)
Mean Commute Time
26 min
4% below US avg (28 min)
Work From Home
16.3%
7% above US avg (15.2%)
Drive Alone
70.2%
4% below US avg (73.2%)
Public Transit
1.9%
62% below US avg (5.0%)
County GDP
$82,869M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 70.2%
Public Transit 1.9%
Work From Home 16.3%
Other 11.6%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
19,967
Restaurants
1,607
Healthcare
2,211
Retail
2,099
Manufacturing
811

Tax & Financial

IRS Avg Adjusted Gross Income
$143,679
100% above US avg ($72,000)
Avg Property Tax
$13,960
299% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$91,599
Per Capita Income$46,868
IRS Avg Adjusted Gross Income$143,679
Avg Weekly Wage$1,751
County GDP$82,869M

Hardship Indicators

Unemployment Rate3.2%
Poverty Rate2.9%
Gini Coefficient0.479
Cost of Living Index100.0

Commute

Mean Commute26 minutes
Drive Alone70.2%
Public Transit1.9%
Work From Home16.3%

Businesses

Total Establishments19,967
Restaurants1,607
Healthcare2,211
Retail2,099
Manufacturing811

Tax

IRS Avg AGI$143,679
Avg Property Tax$13,960