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Prospect Heights, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
15,618
Population
$85,008
Median Income
$346,500
Home Value
42.8
Median Age

Demographics

Prospect Heights has a population of 15,618 with a median age of 42.8. Here is the racial and ethnic breakdown of the population:

White
63.5%
Hispanic
25.8%
Asian
9.0%
Other
1.1%
Black
0.6%
Demographic Value
Total Population15,618
Median Age42.8
White63.5%
Black or African American0.6%
Asian9.0%
Hispanic or Latino25.8%
Other / Two or More Races1.1%
Prospect Heights, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 63.5%Hispanic/Latino: 25.8%Asian: 9.0%Other: 1.7%15,618PopulationWhiteWhite63.5%Hispanic/LatinoHispanic/Latino25.8%AsianAsian9.0%OtherOther1.7%

Income & Economy

The median household income in Prospect Heights is $85,008, which is 5.5% above the national median of $80,610. The per capita income is $48,072. The poverty rate is 7.3%.

$85,008
Median Household Income
$48,072
Per Capita Income
7.3%
Poverty Rate

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Education

In Prospect Heights, 82.9% of residents age 25+ have a high school diploma or higher, and 41.3% hold a bachelor's degree or higher (12.7% with a graduate or professional degree).

HS Diploma+
82.9%
Bachelor's+
41.3%
Graduate+
12.7%
Education Level % of Adults (25+)
High School Diploma or Higher82.9%
Bachelor's Degree or Higher41.3%
Graduate or Professional Degree12.7%

Housing

The median home value in Prospect Heights is $346,500, above the national median of $303,400. The median monthly rent is $1,475. The homeownership rate is 66.8%.

$346,500
Median Home Value
$1,475/mo
Median Rent
66.8%
Homeownership Rate
Housing Metric Value
Median Home Value$346,500
Median Monthly Rent$1,475
Homeownership Rate66.8%
Vacancy Rate3.4%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Prospect Heights, Illinois?
The population of Prospect Heights, Illinois is 15,618 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Prospect Heights, Illinois?
The median household income in Prospect Heights, Illinois is $85,008. This is 5.5% above the national median of $80,610.
What is the median home value in Prospect Heights, Illinois?
The median home value in Prospect Heights, Illinois is $346,500. The median monthly rent is $1,475.
What percentage of people in Prospect Heights have a college degree?
In Prospect Heights, Illinois, 41.3% of adults age 25 and older hold a bachelor's degree or higher, and 82.9% have a high school diploma or higher.
Is Prospect Heights, Illinois an affordable place to live?
The home price-to-income ratio in Prospect Heights, Illinois is 4.1x (median home value $346,500 vs. median income $85,008), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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