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CITY

Mount Prospect

Illinois · 55,395 residents (2025 est.) · 10.719 sq mi
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The short version

Mount Prospect is wealthier than most US places, with a median household income of $101,720. Population has held roughly steady since 2000. 49% of adults hold a bachelor's degree or higher. Median home value has more than doubled since 2000, reaching $397,400. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 41.1
US median: 38.9
More educated
49% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
55,472
−1%since 2000
from 56,265 in 2000
1990 – 2025
Population density
5,175 / sq mi
−1%since 2000
from 5,249 / sq mi in 2000
US average: 281
Median age
41.1
+10%since 2000
from 37.2 in 2000
US average: 38.9

PEP 2025 EST:55,395 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
53K54K55K56K57K1990201020202024Mount Prospect
202455K
1990201020202024
Section 02

Income & economy

Median household income
$101,720
−2%inflation adjusted, since 2000
from $57,165 in 2000
US average: $82,259
1990 – 2024
Per capita income
$48,661
+84%since 2000
from $26,464 in 2000
US average: $44,673
Households earning $100K+
62.1%
+17.5 ptssince 2009
from 44.6% in 2009
US average: 53.3%
Poverty rate
6.6%
+2.0 ptssince 2000
from 4.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.430
+5%since 2010
from 0.409 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade12%
US avg: 9.9%
Information10.5%
US avg: 10.8%
Other services9.4%
US avg: 6.7%
Finance & insurance7.9%
US avg: 5.9%
Public administration7.7%
US avg: 4.8%
Professional, scientific, technical7.6%
US avg: 5.1%
Wholesale trade5.8%
US avg: 6.9%
Transportation & warehousing2.9%
US avg: 2.2%
Arts, entertainment, food2.5%
US avg: 1.9%
Education & health services0.3%
US avg: 0.9%
Agriculture, forestry, fishing0.1%
US avg: 1.6%
Construction0.1%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$397,400
+7%inflation adjusted, since 2000
from $204,700 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,502
+5%inflation adjusted, since 2000
from $786 in 2000
US average: $1,442
Owner-occupied
68.7%
−2.8 ptssince 2000
from 71.5% in 2000
31.3% rent
Vacancy rate
4.1%
−2.8 ptssince 2009
from 6.9% in 2009
US average: 10.0%
Owner cost-burdened
23.7%
−10.5 ptssince 2009
from 34.1% in 2009
US average: 22.9%
Renter cost-burdened
47.5%
+9.8 ptssince 2009
from 37.7% in 2009
US average: 47.4%
Afford Score
3.9
+9%since 2000
from 3.6 in 2000
1990 – 2024
Gentrification Score
44
RELATED:See current rent listings in Mount Prospect on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic73.8%(41,548)
Black1.7%(979)
Hispanic / Latino11.8%(6,620)
Asian11.2%(6,276)
Other0%
Diversity Score51.3%(28,879)
2024
White, non-Hispanic61%(33,854)
Black2.5%(1,367)
Hispanic / Latino18.1%(10,037)
Asian15.4%(8,554)
Other3%(1,660)
Diversity Score71.2%(39,491)
Diversity Score
71
+39%since 2000
from 51 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
48.6%
+13.2 ptssince 2000
from 35.4% in 2000
US average: 35.6%
High school or higher
91.5%
+5.9 ptssince 2000
from 85.7% in 2000
US average: 89.6%
Graduate degree
17.4%
+5.5 ptssince 2000
from 11.9% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.9 min
+37%since 2000
from 18.9 min in 2000
US average: 26.5
Drive alone to work
68.1%
−8.3 ptssince 2009
from 76.4% in 2009
US average: 68.9%
Carpooled to work
7.1%
−1.7 ptssince 2009
from 8.8% in 2009
US average: 8.5%
Public transit
3.6%
−3.2 ptssince 2009
from 6.8% in 2009
US average: 3.2%
Worked from home
19.2%
+15.9 ptssince 2009
from 3.2% in 2009
US average: 15.0%
Walked to work
1.1%
−1.5 ptssince 2009
from 2.6% in 2009
US average: 2.4%
Biked to work
0.0%
−0.7 ptssince 2009
from 0.7% in 2009
US average: 0.4%
No vehicle available
5.9%
−0.4 ptssince 2009
from 6.3% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.8%
−3.0 ptssince 2011
from 6.8% in 2011
US average: 5.2%
Labor force participation
65.9%
−1.9 ptssince 2011
from 67.8% in 2011
US average: 63.5%
Self-employed
11.2%
+1.7 ptssince 2009
from 9.5% in 2009
US average: 13.1%
Management & professional
45.9%
−18.1 ptssince 2009
from 64.1% in 2009
US average: 42.5%
Section 08

People & community

Male
49.1%
−0.9 ptssince 2009
from 50.0% in 2009
Female
50.9%
+0.9 ptssince 2009
from 50.0% in 2009
Foreign born
29.6%
−0.4 ptssince 2009
from 30.1% in 2009
US average: 14.1%
Veterans
4.0%
−46.4 ptssince 2009
from 50.5% in 2009
US average: 6.2%
With a disability
9.4%
+1.8 ptssince 2012
from 7.6% in 2012
US average: 13.3%
Uninsured
9.1%
−76.7 ptssince 2013
from 85.8% in 2013
US average: 8.4%
Broadband at home
93.9%
+12.6 ptssince 2017
from 81.3% in 2017
US average: 91.0%
English only at home
56.9%
+0.1 ptssince 2016
from 56.7% in 2016
US average: 77.7%
Spanish at home
13.2%
−2.0 ptssince 2016
from 15.2% in 2016
US average: 13.6%
Drill deeper

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Compare Mount Prospect to nearby cities

MOUNT PROSPECT VS
Prospect Heights
Income$85,008−16%
Home value$346,500−13%
Population15,552−72%
SEE FULL COMPARISON →
MOUNT PROSPECT VS
Des Plaines
Income$97,875−4%
Home value$335,600−16%
Population58,772+6%
SEE FULL COMPARISON →
MOUNT PROSPECT VS
Arlington Heights
Income$116,723+15%
Home value$414,500+4%
Population76,216+38%
SEE FULL COMPARISON →
MOUNT PROSPECT VS
Rolling Meadows
Income$98,514−3%
Home value$326,200−18%
Population23,690−57%
SEE FULL COMPARISON →
Frequently asked

How many people live in Mount Prospect, Illinois?

Mount Prospect, Illinois has about 55,472 residents according to the 2024 American Community Survey.

What is the median household income in Mount Prospect, Illinois?

The typical household in Mount Prospect, Illinois earns about $101,720 a year. Half of households make more than that, and half make less.

Is Mount Prospect, Illinois expensive?

In Mount Prospect, Illinois, the median home is worth about $397,400, and the typical rent is about $1,502 a month.

How educated are people in Mount Prospect, Illinois?

About 48.6% of adults age 25 and over in Mount Prospect, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Mount Prospect, Illinois?

About 6.6% of people in Mount Prospect, Illinois live below the federal poverty line.

Has Mount Prospect, Illinois grown since 1990?

Yes, Mount Prospect, Illinois has grown since 1990. The population has added about 2,302 residents, a change of about 4 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →