Mount Prospect

Population: 54,552Median home value: $296,500 72 Ranks better than 70% of areas
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A+ Mount Prospect Amenities Lots of amenities close to this location
F Mount Prospect Cost of Living Cost of living is 22% higher than Illinois
Mount Prospect
12121% more expensive than the US average
991% less expensive than the US average
United States
100National cost of living index
Mount Prospect cost of living
A+ Mount Prospect Crime Total crime is 55% lower than Illinois
Total crime
1,09360% lower than the US average
Chance of being a victim
1 in 9260% lower than the US average
Year-over-year crime
12%Year over year crime is up
Mount Prospect crime
C+ Mount Prospect Employment Household income is 17% higher than Illinois
Median household income
$69,51726% higher than the US average
Income per capita
$33,99114% higher than the US average
Unemployment rate
4%21% lower than the US average
Mount Prospect employment
D Mount Prospect Housing Home value is 70% higher than Illinois
Median home value
$296,50061% higher than the US average
Median rent price
$9813% higher than the US average
Home ownership
69%9% higher than the US average
Mount Prospect real estate or Mount Prospect rentals
D- Mount Prospect Schools HS graduation rate is 4% higher than Illinois
High school grad. rates
88%6% higher than the US average
School test scores
42%15% lower than the US average
Student teacher ratio
14:111% lower than the US average
Mount Prospect K-12 schools or Mount Prospect colleges

Living in Mount Prospect, IL

Located in the state of Illinois, Mount Prospect is a medium-sized city with a population of 54,552 residents. With a population density of 5,273 people per square mile, Mount Prospect is well above the nation's average density level. If we take a look at the last Census, the vast majority of the population falls within one racial group (74% White). Given that fact, Mount Prospect could be considered less diverse than other cities. If you are looking for a family friendly city, Mount Prospect might be a good fit as 82% of the population over 15 years old are married, and 55% have kids who are 18 years old or younger.

Living in Mount Prospect can be a great experience for anyone moving to the area. Having said that, in the state of Illinois, there are many incredible places to live, so choose wisely! Finding the best places to live in Mount Prospect and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, education, employment, housing and other important metrics.

Mount Prospect has a livability score of 72 out of 100 and is ranked #201 in Illinois and #8,738 in the USA. If we explore each of the categories individually, we see that Mount Prospect ranks well for amenities (A+) and crime (A+). On a less positive note, Mount Prospect does not have favorable scores for the following: cost of living (F), weather (D-), education (D-) and housing (D). If we take a look at the data, we can find out why.

Conveniently located amenities and interesting attractions are a great way to continuously enjoy Mount Prospect on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.

Crime rates can be the deciding factor for anyone looking to relocate to a new area. Mount Prospect gets top scores for their low violent crime rates of 46 crimes per 100,000 residents, which are significantly lower than the national average.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Mount Prospect is actually affordable. The median home price for Mount Prospect homes is $296,500, which is 69.6% higher than the Illinois average. If we take a closer look at the affordability of homes in Mount Prospect, we’ll see that the home price to income ratio is 4.3, which is 43.3% higher than the Illinois average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Mount Prospect will offer some insight into determining if your home purchase will be a solid investment for years to come. In Mount Prospect, the year-over-year appreciation rates were 3.1%, and the 5 year appreciation rates came in at 5.6%.

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Compare Mount Prospect, IL Livability To Other Cities

Best Neighborhoods In & Around Mount Prospect, IL

PlaceLivability scoreScoreMilesPopulationPop.
Edison Park, Chicago777.511,128
O'hare, Chicago748.412,706
Forest Glen, Chicago7410.518,298
Norwood Park, Chicago718.737,477
PlaceLivability scoreScoreMilesPopulationPop.
Jefferson Park, Chicago7110.326,594
North Park, Chicago6912.218,562
Dunning, Chicago6810.643,244
Montclare, Chicago6711.912,903

Best Cities Near Mount Prospect, IL

PlaceLivability scoreScoreMilesPopulationPop.
Indian Head Park, IL8620.63,823
Clarendon Hills, IL8118.58,641
Pistakee Highlands, IL8127.23,263
Algonquin, IL8120.530,413
PlaceLivability scoreScoreMilesPopulationPop.
Lake in the Hills, IL8120.928,908
Pleasant Prairie, WI8133.720,395
Grandwood Park, IL8122.65,471
Schaumburg, IL807.974,366
See all Illinois cities

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Mount Prospect Reviews

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Visiting Mount Prospect, IL

If you are planning to visit the city of Mount Prospect, IL, then you will never experience a dull moment. I have traveled to this city and have found it to be quite entertaining. One main attraction is the Mount Prospect Public Library. The Randhurst Mall provides for the areas shopping. Fire-safe hotels and motels provide their visitors with excellent rooms. Their professional staff will ensure that you enjoy your stay. Area communties are very friendly and welcoming. This is an excellent place to relocate your home or business.

You can enjoy the nightlife here. Many bars provide live entertainment. You can meet new friends and enjoy dancing and dining. There are a number of fine restaurants in the area that serve delicious cuisine. These fine restaurants offer a variety of cuisine at great reasonable prices. I liked the service and the on time delivery of fresh hot food.

There are also train stations that serve this city's transportation. I enjoyed the reasonably priced train tickets. An online travel agent helped to provide me with maps and driving directions around the city. This allowed me to save time and experience a more enjoyable trip.
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Reason for reporting
Source: The Mount Prospect, IL data and statistics displayed above are derived from the 2016 United States Census Bureau American Community Survey (ACS).
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