Economy, jobs and prices in Mount Prospect, Illinois: official figures
The median household income in Mount Prospect was $101,720 a year in the 2020-2024 American Community Survey (in 2024 dollars), 215th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Illinois median $83,390.
What is the per capita income in Mount Prospect?
Income per resident (per capita income) in Mount Prospect averaged $48,661 a year in 2020-2024, 252nd highest of 823 US cities of 50,000 or more (US: $44,673; Illinois: $46,406).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in Mount Prospect?
Mount Prospect's Gini index of household income inequality was 0.430 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 275th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in Mount Prospect, Illinois?
3.8% of the civilian labor force in Mount Prospect was unemployed on average over 2020-2024 (1,122 people), 150th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Illinois' 5.8%.
Source: U.S. Census Bureau · saved copyHow many people in Mount Prospect have jobs?
28,092 residents of Mount Prospect held civilian jobs, 63.4% of those aged 16 and over (US: 59.7%); the survey counted no residents in the armed forces.
Source: U.S. Census Bureau · saved copyWhat are the main industries in Mount Prospect?
The largest industry group for working residents of Mount Prospect was education, health care and social assistance (20.3% of employed residents), followed by professional, scientific, management and administrative services (13.2%) and manufacturing (12.0%), 2020-2024.
Source: U.S. Census Bureau · saved copyHow many people in Mount Prospect work in manufacturing?
Manufacturing employed 12.0% of working residents of Mount Prospect, 188th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 13.2% (US: 12.6%).
Source: U.S. Census Bureau · saved copyHow long is the commute in Mount Prospect, Illinois?
Commuters in Mount Prospect took 25.9 minutes on average to get to work in 2020-2024, 329th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 7.7% travelled an hour or more and 23.7% less than 15 minutes.
Source: U.S. Census Bureau · saved copyHow do people in Mount Prospect get to work?
19.2% of workers living in Mount Prospect worked from home in 2020-2024, 233rd highest of 823 US cities of 50,000 or more (US: 15.1%). 68.1% drove to work alone, 7.1% carpooled, 3.6% used public transport and 1.1% walked.
Source: U.S. Census Bureau · saved copyWhat is the average rent in Mount Prospect, Illinois?
The median gross rent (rent plus utilities) in Mount Prospect was $1,502 a month in 2020-2024, 370th lowest of 823 US cities of 50,000 or more (US: $1,413; Illinois: $1,274).
Source: U.S. Census Bureau · saved copyHow much does a house cost in Mount Prospect?
Owner-occupied homes in Mount Prospect had a median value of $397,400 in 2020-2024 as estimated by their owners, 398th highest of 823 US cities of 50,000 or more (US: $332,700; Illinois: $263,300).
Source: U.S. Census Bureau · saved copyHow affordable are homes in Mount Prospect?
The median home value in Mount Prospect was 3.9 times the median household income, 288th lowest of 823 US cities of 50,000 or more (US: 4.1 times).
Source: U.S. Census Bureau · saved copyHow many households in Mount Prospect have no internet?
4.7% of households in Mount Prospect (1,021) had no internet access at home in 2020-2024, 406th lowest of 823 US cities of 50,000 or more (US: 6.5%); 11.4% relied on a cellular data plan alone (US: 11.5%).
Source: U.S. Census Bureau · saved copyHow Mount Prospect compares with other cities in the United States
Median household income (2024 dollars) (2020-2024)
Mount Prospect ranks 215 of 823, highest first.
| Rank | City | Median household income (2024 dollars) |
|---|---|---|
| 212 | Bartlett | $102,070 |
| 213 | Fairfield | $101,895 |
| 214 | Lake Elsinore | $101,888 |
| 215 | Mount Prospect | $101,720 |
| 216 | St. Louis Park | $101,648 |
| 217 | Oakland | $101,600 |
| 218 | San Leandro | $101,420 |
Per capita income (2024 dollars) (2020-2024)
Mount Prospect ranks 252 of 823, highest first.
| Rank | City | Per capita income (2024 dollars) |
|---|---|---|
| 249 | Pflugerville | $48,752 |
| 250 | Virginia Beach | $48,736 |
| 251 | Livonia | $48,664 |
| 252 | Mount Prospect | $48,661 |
| 253 | Fountain Valley | $48,652 |
| 254 | Malden | $48,581 |
| 255 | Pensacola | $48,536 |
Gini index of household income inequality (2020-2024)
Mount Prospect ranks 549 of 823, highest first.
| Rank | City | Gini index of household income inequality |
|---|---|---|
| 546 | Warren | 0.431 |
| 547 | Rockville | 0.431 |
| 548 | Beaverton | 0.430 |
| 549 | Mount Prospect | 0.430 |
| 550 | Medford | 0.430 |
| 551 | Mesa | 0.430 |
| 552 | Glendale | 0.430 |
Unemployment rate (share of civilian labor force) (2020-2024)
Mount Prospect ranks 674 of 823, highest first.
| Rank | City | Unemployment rate (share of civilian labor force) |
|---|---|---|
| 671 | Conroe | 3.9% |
| 672 | Palm Beach Gardens | 3.9% |
| 673 | League City | 3.8% |
| 674 | Mount Prospect | 3.8% |
| 675 | Kettering | 3.8% |
| 676 | Durham | 3.8% |
| 677 | Marietta | 3.8% |
Labor force participation rate (16 and over) (2020-2024)
Mount Prospect ranks 400 of 823, highest first.
| Rank | City | Labor force participation rate (16 and over) |
|---|---|---|
| 397 | Gardena | 66.0% |
| 398 | Amarillo | 66.0% |
| 399 | Federal Way | 65.9% |
| 400 | Mount Prospect | 65.9% |
| 401 | Mishawaka | 65.9% |
| 402 | Troy | 65.9% |
| 403 | Milpitas | 65.9% |
Mean travel time to work (minutes) (2020-2024)
Mount Prospect ranks 329 of 823, highest first.
| Rank | City | Mean travel time to work (minutes) |
|---|---|---|
| 326 | Burbank | 26.0 |
| 327 | Seattle | 26.0 |
| 328 | Flower Mound | 26.0 |
| 329 | Mount Prospect | 25.9 |
| 330 | Gary | 25.9 |
| 331 | Waxahachie | 25.9 |
| 332 | Port Orange | 25.9 |
Workers who worked from home (2020-2024)
Mount Prospect ranks 233 of 823, highest first.
| Rank | City | Workers who worked from home |
|---|---|---|
| 230 | Madison | 19.2% |
| 231 | Rockwall | 19.2% |
| 232 | Temecula | 19.2% |
| 233 | Mount Prospect | 19.2% |
| 234 | Simi Valley | 19.1% |
| 235 | Mooresville | 19.1% |
| 236 | West Des Moines | 19.1% |
Workers commuting by public transportation (2020-2024)
Mount Prospect ranks 150 of 823, highest first.
| Rank | City | Workers commuting by public transportation |
|---|---|---|
| 147 | Clearwater | 3.7% |
| 148 | Hawthorne | 3.7% |
| 149 | Lawrence | 3.6% |
| 150 | Mount Prospect | 3.6% |
| 151 | Kissimmee | 3.6% |
| 152 | Bloomington | 3.6% |
| 153 | Everett | 3.6% |
Employed residents working in manufacturing (2020-2024)
Mount Prospect ranks 188 of 823, highest first.
| Rank | City | Employed residents working in manufacturing |
|---|---|---|
| 185 | Victoria | 12.1% |
| 186 | Broomfield | 12.1% |
| 187 | Suffolk | 12.1% |
| 188 | Mount Prospect | 12.0% |
| 189 | Bristol | 12.0% |
| 190 | Palm Bay | 12.0% |
| 191 | Springfield | 12.0% |
Employed residents in education, health care and social assistance (2020-2024)
Mount Prospect ranks 642 of 823, highest first.
| Rank | City | Employed residents in education, health care and social assistance |
|---|---|---|
| 639 | Eastvale | 20.3% |
| 640 | Newark | 20.3% |
| 641 | Parker | 20.3% |
| 642 | Mount Prospect | 20.3% |
| 643 | Phoenix | 20.3% |
| 644 | Parma | 20.2% |
| 645 | North Charleston | 20.2% |
Median gross rent per month (2020-2024)
Mount Prospect ranks 454 of 823, highest first.
| Rank | City | Median gross rent per month |
|---|---|---|
| 451 | San Bernardino | $1,508 |
| 452 | Huntington Park | $1,505 |
| 453 | West Valley City | $1,504 |
| 454 | Mount Prospect | $1,502 |
| 455 | Murray | $1,500 |
| 456 | Tinley Park | $1,495 |
| 457 | Coon Rapids | $1,494 |
Median value of owner-occupied homes (2020-2024)
Mount Prospect ranks 398 of 823, highest first.
| Rank | City | Median value of owner-occupied homes |
|---|---|---|
| 395 | Murfreesboro | $402,100 |
| 396 | Frederick | $401,500 |
| 397 | Madison | $398,800 |
| 398 | Mount Prospect | $397,400 |
| 399 | Eagan | $397,100 |
| 400 | Anchorage | $395,900 |
| 401 | Fall River | $395,500 |
Median home value as a multiple of median household income (2020-2024)
Mount Prospect ranks 533 of 820, highest first.
| Rank | City | Median home value as a multiple of median household income |
|---|---|---|
| 530 | West Haven | 3.9x |
| 531 | Maricopa | 3.9x |
| 532 | Downers Grove | 3.9x |
| 533 | Mount Prospect | 3.9x |
| 534 | Palm Bay | 3.9x |
| 535 | Lakeland | 3.9x |
| 536 | Bloomington | 3.9x |
Occupied homes lived in by their owners (2020-2024)
Mount Prospect ranks 179 of 823, highest first.
| Rank | City | Occupied homes lived in by their owners |
|---|---|---|
| 176 | Roseville | 68.8% |
| 177 | Sunrise | 68.8% |
| 178 | Miramar | 68.8% |
| 179 | Mount Prospect | 68.7% |
| 180 | Draper | 68.6% |
| 181 | Cedar Rapids | 68.5% |
| 182 | Dearborn | 68.4% |
Households with a broadband subscription (2020-2024)
Mount Prospect ranks 296 of 823, highest first.
| Rank | City | Households with a broadband subscription |
|---|---|---|
| 293 | Vallejo | 94.0% |
| 294 | Concord | 94.0% |
| 295 | Kettering | 94.0% |
| 296 | Mount Prospect | 93.9% |
| 297 | Murray | 93.9% |
| 298 | Lacey | 93.9% |
| 299 | Pasadena | 93.9% |
Households with no internet access (2020-2024)
Mount Prospect ranks 418 of 823, highest first.
| Rank | City | Households with no internet access |
|---|---|---|
| 415 | Springfield | 4.8% |
| 416 | Anaheim | 4.7% |
| 417 | La Habra | 4.7% |
| 418 | Mount Prospect | 4.7% |
| 419 | Grand Prairie | 4.7% |
| 420 | Greer | 4.7% |
| 421 | Quincy | 4.7% |
More on Mount Prospect: overview · health · education and schools · poverty and living standards · government budget · all cities in the United States
Sources
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B08013: Aggregate Travel Time to Work (in Minutes) of Workers by Sex (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 6939fdfa046fd5bb829ec8da9549e66298cc740f6a3f5dd60e1920a08e3083fb), read 23 October 2026 · saved copy (SHA-256 5f94e7878b6a…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B23025: Employment Status for the Population 16 Years and Over (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 264a5bd9367c5f58d9773fa4966fa94fe1e02f9c7106bc2ab39168d6de7c3e4a), read 23 October 2026 · saved copy (SHA-256 2630e6946370…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19083: Gini Index of Income Inequality (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 338f7a1191eaaf3913913e78c36aaa9d82f2b5c8faaf889be2e597b28869205e), read 23 October 2026 · saved copy (SHA-256 b8cf854b1f94…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table C24030: Sex by Industry for the Civilian Employed Population 16 Years and Over (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 66a2799a71a5fc36f0e3bc22767fe5bdd8f96eb29e85b91311e990d35cc14114), read 23 October 2026 · saved copy (SHA-256 5d717c57e7e4…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19013: Median Household Income in the Past 12 Months (in 2024 Inflation-Adjusted Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 b25a176b0e6c339b6f3a2a0d3d8446bf06f5f080b4395993ec9a8313efb1c229), read 23 October 2026 · saved copy (SHA-256 1d8a264807c6…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B08301: Means of Transportation to Work (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 552b24c135b6e7c566910914a861cda6fc798ba0cd47801b1eb64295a128c2ee), read 23 October 2026 · saved copy (SHA-256 eaf823006d53…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19301: Per Capita Income in the Past 12 Months (in 2024 Inflation-Adjusted Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 9fc107e98fee7fa49bb8314560205569184fad65fb64b80adb5c5bdd83ccc409), read 23 October 2026 · saved copy (SHA-256 24c1e725b26a…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25064: Median Gross Rent (Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 b36e6dc1fcef36b8b307d31b37517b64c80d8b9c70d48c9b1894242860f42eb0), read 23 October 2026 · saved copy (SHA-256 b842a7ff825c…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25077: Median Value (Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 89eb2153764a2330b23959d8bbc29b3a8f3016f087b990f2a8ea0d5096d9a816), read 23 October 2026 · saved copy (SHA-256 22b59a3b1acb…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B28002: Presence and Types of Internet Subscriptions in Household (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 12446ff0691b8818f5908cdc398817361772c5b3078c506d0409adc9c841840b), read 23 October 2026 · saved copy (SHA-256 4b375b368bf9…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25003: Tenure (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 68e963e1ed60fcf6b0658579cefc6498b7a9eb780b9f3e87fd1b9775c4d4ac6c), read 23 October 2026 · saved copy (SHA-256 2983c28f47fa…)
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