Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.8 yrs |
|---|---|
| Avg HH Size | 2.53 |
| Below Poverty | 6.1% ▼ 39% below avg |
| College Grads | 57.3% ▲ 48% above avg |
| Unemployment | 3.6% ▼ 26% below avg |
| No HS Diploma | 1,012 (2.6%) |
| HS Graduate | 7,787 (20.2%) |
| Some College | 3,080 (8%) |
| Associates | 4,527 (11.8%) |
| Bachelors | 2,870 (7.5%) |
| Graduate Degree | 19,180 (49.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $104,168 ▲ 37% above avg |
|---|---|
| Median Home Value | $376,300 ▲ 35% above avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,456/mo |
| Total Housing Units | 23,202 |
| Vacant Units | 1,095 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Mount Prospect is a city in Illinois, located in Cook County. The city spans 1 ZIP code and is home to approximately 55,989 residents. It is a middle-aged city, with a median age of 41.8 years.
Economically, Mount Prospect is a upper-middle-income community. The median household income of $104,168 is above the national average. Approximately 6.1% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.
The real estate market in Mount Prospect is a mid-range housing market. Median home values stand at $376,300, which is above the national average. Renters typically pay around $1,456 per month. Homeownership is high at 70.0%, typical of suburban and family-oriented communities.
The population of Mount Prospect is well-educated. 57.3% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (63.34%).
Mount Prospect, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60056 | 55,989 | $104,168 | $376,300 | $1,456 | 3.6% | 57.3% | 70.0% |