Commute
High scores in the commute category could indicate that this area offers short commute times to work and readily available public transportation options.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Cost Of Living
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Located in the state of Illinois, Mount Prospect is a moderately-sized city with a population of 55,996 people. In Mount Prospect, there are 5,412 people per square mile, which is well above the national population density average. If we take a look at the last Census, the vast majority of the population falls within one racial group (73% White). Given that fact, Mount Prospect could be considered less diverse than other cities. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Mount Prospect offers up a higher than average one way commute time of 30 minutes.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Mount Prospect could be a positive experience compared to other cities in Illinois if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like crime, commute, health & safety, education, you can easily compare the best places to live in Mount Prospect and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Mount Prospect to Illinois and the national average.
Mount Prospect, IL receives 84 out of 100 for its livability score; this results in a ranking of #28 in Illinois and #641 in the USA. This is a terrific score, as Mount Prospect ranks well in multiple categories! Mount Prospect also ranks in the top 10 percent of all cities, which is no small feat! If we check out each of the categories on their own, we see that Mount Prospect ranks well for crime (A+), employment (A+) and housing (A+). The bad news for Mount Prospect, there are some categories for which it does not score well, this includes: cost of living (F).
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Mount Prospect shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 90 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
When contemplating a move, job prospects often top the list of priorities. In Mount Prospect, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.5% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Mount Prospect has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Mount Prospect meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Mount Prospect. Everything else becomes a lot less important if it turns out that home prices in Mount Prospect are simply unattainable. Median real estate prices in Mount Prospect come in at $588,511, which is 90.7% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Mount Prospect, the home price to income ratio is 4.8, which is 37.1% higher than the Illinois average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Mount Prospect | Illinois | National |
| Average one way commute | 30min | 29min | 26min |
| Workers who drive to work | 75.3% | 73.4% | 76.4% |
| Workers who carpool | 6.0% | 8.3% | 9.3% |
| Workers who take public transit | 7.7% | 9.2% | 5.1% |
| Workers who bicycle | 0.3% | 0.6% | 0.6% |
| Workers who walk | 1.5% | 3.1% | 2.8% |
| Working from home | 7.5% | 4.4% | 4.6% |
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