Last updated: 2024 BLS data · Page refreshed:
Mount Prospect has a population of 55,472 with a median age of 41.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 55,472 |
| Median Age | 41.1 |
| White | 63.8% |
| Black or African American | 2.5% |
| Asian | 15.5% |
| Hispanic or Latino | 18.1% |
The median household income in Mount Prospect is $101,720, which is 26.2% above the national median of $80,610. The per capita income is $48,661. The poverty rate is 6.6%.
The unemployment rate in Mount Prospect is 4.1%, compared to the national rate of 4.1%.
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In Mount Prospect, 91.5% of residents age 25+ have a high school diploma or higher, and 48.6% hold a bachelor's degree or higher (17.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.5% |
| Bachelor's Degree or Higher | 48.6% |
| Graduate or Professional Degree | 17.4% |
The median home value in Mount Prospect is $397,400, above the national median of $303,400. The median monthly rent is $1,502. The homeownership rate is 68.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $397,400 |
| Median Monthly Rent | $1,502 |
| Homeownership Rate | 68.7% |
| Vacancy Rate | 4.1% |
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