Housing Value★★★★★★★★★★3.3 / 5Home values compared with local household income.
Living in Mount Prospect, IL
Explore Mount Prospect and see how it fits the life you want to build.
Overall Match7.8 / 10
Baseline match from currently available location scores. Choose priorities to personalize it.
Mount Prospect at a Glance
Key facts and current data
Population55,472
Median Household Income$101,720
Median Home Value$397,400
Median Gross Rent$1,502
Median Age41.1
Average Household Size2.6
Unemployment3.8%
Work From Home19.2%
Homeownership68.7%
Housing Vacancy4.1%
Source: U.S. Census Bureau, 2020-2024 ACS 5-Year.
Mount Prospect is a mid-sized community where local neighborhoods, nearby job centers and regional access can matter as much as citywide averages.
Experience the Area
Experience Life in Mount Prospect Before You Move
Explore Short-Term Stays in Mount Prospect →Stay options powered by Stay22 · affiliate
NarrowTheList highly recommends you spend a week or two in Mount Prospect and experience everyday life before deciding whether it is the right place to call home. Use that time to explore neighborhoods, drive your normal routes, shop where residents shop, and get a feel for the area at different times of day.
NarrowTheList Ratings
Data-driven starter ratings. More categories appear automatically as new datasets are added.
Housing & Cost of Living in Mount Prospect
Current housing indicators from the U.S. Census Bureau
Median Home Value$397,400
Median Gross Rent$1,502
Homeownership68.7%
Housing Vacancy4.1%
Home values are moderately high relative to local household income, making neighborhood-level price differences important for buyers. The housing mix leans toward owner-occupied homes while still supporting a meaningful rental market.
Jobs, Income & Remote Work
Employment and household-income context for Mount Prospect, IL
Median Household Income$101,720
Unemployment3.8%
Work From Home19.2%
The reported unemployment rate is relatively low. Working from home is relatively common among employed residents.
Population & Household Profile
Who lives in Mount Prospect and how households are structured
Population55,472
Median Age41.1
Average Household Size2.6
Mount Prospect is a mid-sized community where neighborhood and nearby-employment patterns can materially affect a relocation decision.
Source: U.S. Census Bureau, 2020-2024 ACS 5-Year. NarrowTheList presents these values as relocation context; conditions can vary within a community.
Climate & Weather in Mount Prospect
Long-term NOAA climate normals and practical seasonal context
NOAA climate normals for Mount Prospect point to warm summers, cold winters, a wetter annual rainfall pattern and substantial annual snowfall.
Average Summer High84.0°F
Average Winter Low18.4°F
Annual Rainfall32.3 in.
Annual Snowfall38.4 in.
Seasonal Life in Mount Prospect
What the long-term climate pattern may mean for everyday living.
Spring
Spring is a useful time to evaluate how quickly outdoor conditions become comfortable and how seasonal rain affects everyday routines.
Summer
Summer is warm enough that shade and cooling still matter, but the typical high is below the extreme-heat range seen in many hotter U.S. markets.
Fall
Fall marks a substantial seasonal transition here. It is a useful time to judge how quickly temperatures change and whether that seasonal swing fits the lifestyle you want.
Winter
Freezing winter lows and meaningful snowfall make snow removal, winter driving, heating costs and cold-weather routines important parts of evaluating the area.
Source: NOAA/NCEI U.S. Climate Normals, 1991–2020. Seasonal descriptions are relocation context derived from the available long-term normals, not a forecast.
Mount Prospect is located in Cook County, but city-level housing, income and neighborhood conditions can differ meaningfully from countywide averages. Cook County.
County Intelligence
Mount Prospect & Cook County
Data Pending
Foreclosure Activity
Mount Prospect is located in Cook County, Illinois.
NarrowTheList uses county-level information alongside local community data because many factors that matter when choosing a place to live are measured beyond city boundaries. Housing, property taxes, employment, healthcare access and other regional characteristics can add useful context to the picture of life in Mount Prospect.
Current NarrowTheList data for Mount Prospect shows a population of about 55,472. These local figures become more useful when read together with county-level tax, housing, foreclosure and demographic conditions rather than treated as isolated city statistics.
Foreclosure Activity: Data Pending. A county-specific foreclosure signal is not available yet.
For someone comparing homes, county boundaries can matter because taxes, public services, court and recording systems, assessment practices and housing-market conditions are often administered or reported at the county level. NarrowTheList keeps that county relationship attached to the community so future tax, foreclosure, housing and demographic data can be interpreted in the correct geographic context.
County relationship
Cook County
How NarrowTheList uses it
County information is used as a supporting geographic layer, not as a substitute for local data. As more county datasets are added, NarrowTheList can use them to improve comparisons, ratings and relocation insights for Mount Prospect.
Nearby Cities & Communities
Nearby incorporated cities, towns, villages and other municipalities shown by straight-line distance.
Prospect Heights, IL
2.8 miles away
Des Plaines, IL
2.8 miles away
Arlington Heights, IL
3.2 miles away
Rolling Meadows, IL
4.6 miles away
Wheeling, IL
4.6 miles away
Elk Grove Village, IL
5.0 miles away
Glenview, IL
5.8 miles away
Park Ridge, IL
6.0 miles away
Rosemont, IL
6.2 miles away
Palatine, IL
6.6 miles away
Northbrook, IL
6.9 miles away
Niles, IL
7.0 miles away