Mount Prospect is a mid-sized city of 56,191 in Illinois, with a median household income of $100,526
and a 3.5% unemployment rate.
Its cost of living index is 103 (US average = 100), which is
3% above the national average.
Strengths:
Mount Prospect stands out for lower-than-average crime, a well-educated population.
Trade-offs:
No major red flags stand out in the available data. Whether Mount Prospect is right for you depends on your priorities — the full breakdown is below.
All Mount Prospect city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 102.6
Mount Prospect's overall cost of living index is 102.6,
where 100 represents the US national average.
Living in Mount Prospect costs roughly 3% more than the average American city.
Metric
Mount Prospect, IL
National Avg
Median Home Value
$367,900
$244,900
Median Monthly Rent
$1,368
$1,163
Homeownership Rate
69.9%
65.9%
Median Household Income
$100,526
$74,755
Crime & Safety
Very Safe
Mount Prospect's violent crime rate is 89.7 per 100,000 residents
— 76% lower than the national average of ~380 per 100,000.
Violent Crime
89.7 /100k
Property Crime
887.5 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Mount Prospect is served primarily by NW Suburban Spec Educ Org.
Metric
Mount Prospect, IL
National Avg
School District
NW Suburban Spec Educ Org
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
47.1%
35.4%
High School Diploma or Higher
91.0%
91.1%
Weather & Climate
Mount Prospect sees average highs of 31.9°F in January
and 84.0°F in July,
with 32.3 inches of annual precipitation
and 38.4 inches of snow per year.
Mount Prospect's cost of living index is 103, where 100 is the national average.
That puts Mount Prospect roughly 3% above the national average in cost.
The median home price is $367,900 and median rent is $1,368/month.
Mount Prospect's violent crime rate is 89.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 887.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Mount Prospect are operated by NW Suburban Spec Educ Org.
The district has several elementary, several middle, and several high schools.
47.1% of adults 25+ hold a bachelor's degree or higher.
Mount Prospect, IL has a population of 56,191, a median household income of $100,526, and an unemployment rate of 3.5%.
Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Mount Prospect averages 31.9°F in January and 84.0°F in July. Annual rainfall is 32.3 inches
with about 38.4 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Mount Prospect, IL is covered by 1 ZIP code: 60056.
The population of Mount Prospect, Illinois is 56,191 with a median age of 41.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Mount Prospect: cost of living index 103 (100 = US average), median home $367,900, median household income $100,526, crime index 31 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Mount Prospect side by side with your current city to see the trade-offs.
