Mount Prospect, IL demographics:
population, income, and more

Total population
55,472
-0.3% year-over-year change
Median household income
$101,720/yr
-2.1% year-over-year change
Housing units
22,526
-2.4% year-over-year change

Mount Prospect population

How many people live in Mount Prospect

Mount Prospect is home to 55,472 residents, according to the most recent Census data. Gender-wise, 49.1% of Mount Prospect locals are male, and 50.9% are female.

Total population
55,472
-0.3% year-over-year change
Gender ratio
Male
49.1%
27,253
Female
50.9%
28,219
Value Percent YoY change
Male 27,253 49.1% -2.2%
Female 28,219 50.9% 1.6%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Mount Prospect is 41, with the population distributed as follows: about 18.8% are children under 15, then 9.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 27% of the population, while another 25.6% fall into the 45 to 64 bracket. Finally, around 18.7% are 65 or older.

Median age
41.1
Age breakdown
Under 15
18.8%
15 to 24
9.9%
25 to 44
27%
45 to 64
25.6%
Over 65
18.7%
Value Percent YoY change
Under 15 10,441 18.8% 5.9%
15 to 24 5,512 9.9% 3.0%
25 to 44 14,961 27% -0.6%
45 to 64 14,187 25.6% -6.8%
Over 65 10,371 18.7% 2.1%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Mount Prospect, 69.6% of the population are US-born citizens, while 18% have gained naturalized citizenship. At the same time, 12.4% of residents are non-citizens. As for race, 63.8% of locals are Caucasian, 2.5% are African American and 15.4% have Asian roots. There’s also a share of 10.5% that includes residents with two or more races.

Citizenship
U.S.-born citizens
69.6%
Non-U.S.-born citizens
18%
Non-citizens
12.4%
Value Percent YoY change
U.S.-born citizens 38,632 69.6% 0.3%
Non-U.S.-born citizens 9,963 18% 1.9%
Non-citizens 6,877 12.4% -6.5%
Racial breakdown
White
63.8%
Black or African American
2.5%
American Indian and Alaska Native
0.4%
Asian
15.4%
Native Hawaiian and other Pacific Islander
0%
Two or more races
10.5%
Other
7.3%
Value Percent
White 35,408 63.8%
Black or African American 1,371 2.5%
American Indian and Alaska Native 230 0.4%
Asian 8,571 15.4%
Native Hawaiian and other Pacific Islander 18 0%
Two or more races 5,815 10.5%
Other 4,059 7.3%

Households in Mount Prospect

A peek inside Mount Prospect households

Mount Prospect has 21,600 households, with an average of 3 members in each. Of these, 65.9% are families, while the remaining 34.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
21,600
-1.8% year-over-year change
Average people per household
3
Non-family households
7,366
Family households
14,234
Value Percent YoY change
Non-family households 7,366 34.1% -0.0%
Family households 14,234 65.9% -2.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Mount Prospect

The housing landscape of Mount Prospect

Mount Prospect's housing consists of 22,526 units, with 56.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.1% of the housing landscape.

Housing units
22,526
-2.4% year-over-year change
Housing types
Value Percent
1 unit, detached 12,817 56.9%
1 unit, attached 758 3.4%
2 units 162 0.7%
3 or 4 units 738 3.3%
5 to 9 units 2,133 9.5%
10 to 19 units 1,913 8.5%
20 to 49 units 1,730 7.7%
50 or more units 2,195 9.7%
Mobile home 24 0.1%
Boat, RV, van, etc. 56 0.2%
Homes built since 2020
94
100.0% year-over-year change

The age of buildings in Mount Prospect

In Mount Prospect, the median construction year is 1969. About 3.3% of homes were built before the 1940s, with another 1.9% going up by 1949. Most development happened in the second half of the 20th century. Then, 2.1% of homes were added from 2000 to 2009, 3% between 2010 and 2019, and 0.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 742 3.3% -16.7%
Built between 1940 and 1949 432 1.9% 0.7%
Built between 1950 and 1959 4,667 20.7% -8.1%
Built between 1960 and 1969 5,748 25.5% -3.9%
Built between 1970 and 1979 5,422 24.1% -2.0%
Built between 1980 and 1989 2,297 10.2% 2.8%
Built between 1990 and 1999 1,978 8.8% 10.3%
Built between 2000 and 2009 474 2.1% -9.2%
Built between 2010 and 2019 672 3% 19.8%
Built in 2020 or later 94 0.4% 100.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Mount Prospect occupancy rates

Out of the 21,600 occupied housing units in Mount Prospect, 68.7% are owner-occupied, while 31.3% are lived in by tenants. Meanwhile, 4.1% of all homes on the local market sit vacant.

Occupied housing units
21,600
-1.8% year-over-year change
Occupancy breakdown
Renter occupied
6,761
Owner occupied
14,839
Value Percent YoY
change
Renter occupied 6,761 31.3% 2.6%
Owner occupied 14,839 68.7% -3.7%
Unoccupied housing units
4.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Mount Prospect housing costs

Housing costs in Mount Prospect come to a median of $1,578 per month, while tenants specifically pay a median gross rent of $1,502.

Median housing costs per month
$1,578/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Mount Prospect
$1,502/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Mount Prospect

Mount Prospect education at a glance

About 25.7% of the population in Mount Prospect went to high school, while 16% pursued college studies. Another 7.1% earned an associate degree and 30.2% hold a bachelor’s. Meanwhile, 16.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 2,058 4.8% 10.9%
High school diploma 10,974 25.7% 0.8%
College diploma 6,862 16% -4.7%
Associate degree 3,039 7.1% -5.6%
Bachelor's degree 12,912 30.2% -1.2%
Graduate degree 6,922 16.2% -2.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Mount Prospect

How much people earn in Mount Prospect

The average annual household income in Mount Prospect was $124,538 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.9% change from the previous year. At the same time, the median income stood at $101,720, reflecting a -2.1% shift over the same period.

Average household income in Mount Prospect
$124,538/year
2.9% year-over-year change
Median household income in Mount Prospect
$101,720/year
-2.1% year-over-year change

Mount Prospect income by age

In Mount Prospect, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $108,182. Those with someone between 45 and 64 in charge, often well established professionally, earn $124,792 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $87,557, while those led by someone over 65, many of whom may be retired, have about $64,161 in earnings. Overall, 93.3% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $87,557 39.0%
25 - 44 $108,182 2.3%
45 - 64 $124,792 2.4%
Over 65 $64,161 -7.9%
Above poverty level
50,788
Below poverty level
3,629
Value Percent YoY
change
Above poverty level 50,788 93.3% -0.9%
Below poverty level 3,629 6.7% 10.4%

Average renter income in Mount Prospect

To get a better sense of what renters earn on average in Mount Prospect, their median household income was $57,040 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 31.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$57,040
Rent-to-income ratio
31.6%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Mount Prospect

Workforce and job types in Mount Prospect

The job market in Mount Prospect is powered by 28,092 working residents, spread across a range of industries and roles. 79.6% of the working population are employed in professional or administrative positions, while 20.4% are in hands-on or service-based jobs. Also, 10.2% run their own businesses, 70.9% are employed by private companies, and 10.4% work in the public sector.

Workforce demographics

Working population
28,092
-3.2% year-over-year change
White collar
22,372
Blue collar
5,720
Value Percent YoY change
White collar 22,372 79.6% -2.0%
Blue collar 5,720 20.4% -7.3%
Employer type
Self employees
10.2%
Private companies
70.9%
Governmental workers
10.4%
Not for profit companies
8.5%
Value Percent YoY change
Self employees 2,870 10.2% -2.5%
Private companies 19,924 70.9% -2.2%
Governmental workers 2,912 10.4% -7.8%
Not for profit companies 2,386 8.5% -6.1%
Unemployment rate
3.8%
4.1% year-over-year change

Available workforce

The unemployment rate in Mount Prospect stands at 3.8%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Mount Prospect

How people get around in Mount Prospect

In Mount Prospect, the average commute time is 26 minutes. Commuting methods vary: 75.2% of residents travel by personal vehicle and 1.1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
26 min
-4.1% year-over-year change
Means of transportation
Value Percent YoY change
Car 20,606 75.2% -6.6%
Taxicab 25 0.1% 8.7%
Bus or trolleybus 103 0.4% -40.1%
Subway or elevated 167 0.6% N/A
Railroad 723 2.6% -16.6%
Motorcycle 23 0.1% -41.0%
Walk 305 1.1% 2.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Mount Prospect by zipcode?

Zipcode Population Number of households Median income Average income
60056 55,818 21,727 $101,922 $124,118

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FAQs about Mount Prospect demographics 

What is the total population of Mount Prospect?

Mount Prospect has a total population of 55,472 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.3% compared to a year ago.

What is the gender ratio in Mount Prospect?

The gender ratio in Mount Prospect is as follows:
  • 49.1% males (27,253 residents)
  • 50.9% females (28,219 residents)

What is the median age in Mount Prospect?

The median age in Mount Prospect is 41.1.

What is the age distribution of the population in Mount Prospect?

The age distribution in Mount Prospect is as follows:
  • Under 15: 18.8% (10,441 residents)
  • Ages 15-24: 9.9% (5,512 residents)
  • Ages 25-44: 27% (14,961 residents)
  • Ages 45-64: 25.6% (14,187 residents)
  • Over 65: 18.7% (10,371 residents)

What is the racial and ethnic makeup of Mount Prospect?

The racial and ethnic makeup of Mount Prospect is as follows:
  • White: 63.8% (35,408 residents)
  • Black or African American: 2.5% (1,371 residents)
  • American Indian and Alaska Native: 0.4% (230 residents)
  • Asian: 15.4% (8,571 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (18 residents)
  • Two or More Races: 10.5% (5,815 residents)
  • Other: 7.3% (4,059 residents)

What percentage of the population in Mount Prospect are U.S.-born citizens?

U.S.-born citizens represent 69.6% of the population in Mount Prospect.

How many housing units are there in Mount Prospect?

There are 22,526 housing units in Mount Prospect, reflecting a -2.4% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Mount Prospect and what is the average household size?

Mount Prospect has a total of 21,600 households, with an average of 3 people in each.

What is the median household income in Mount Prospect?

Mount Prospect has a median household income of $101,720, representing a -2.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Mount Prospect?

The employment rate is 96.2% in Mount Prospect, with a workforce of 28,092 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 79.6% (22,372 residents)
  • Blue-collar workers: 20.4% (5,720 residents)

Places of employment:
  • Self-employed: 10.2% (2,870 residents)
  • Private companies: 70.9% (19,924 residents)
  • Governmental workers: 10.4% (2,912 residents)
  • Not-for-profit companies: 8.5% (2,386 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025