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About Mt. Prospect, Illinois

Mount Prospect is a Chicago suburb that has worked its way into being a large business center. The city started out as an area that struggled to make it to the required 300 people necessary to incorporate a town but grew rapidly after the addition of a train station in 1929. From there the city's population grew rapidly with the new businesses that came to town. It began as mostly a farming town but expanded to include both an industrial district as well as a large retail presence. They are home to Randhurst, one of the first air-conditioned indoor malls in the Midwest. Today the city has kept to its path of rapid expansion and is now home to over 56,000 residents.

The residents enjoy both the big business around the city as well as the easy commute into Chicago. Companies such as Mitsubishi Electronics, Centel, and Eastman Kodak are located in the area and provide jobs to many of the Mount Prospect residents. Although business is big in Mount Prospect, the city leaders find it important to maintain a residential feel to the area. In recent years they have launched a campaign to make the city center look and feel more charming with the addition of much green area. The business may sustain the city but they see the backbone of the city being their longtime slogan “Where Friendliness is a Way of Life.”

Contributed by:
Baird & Warner
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Previous quarter's home sale average by city. Click city to view homes for sale.

Total
Sold

Median
Price

Average
Price

Mount Prospect, IL82$177,500$184,185
home sale data for other nearby cities
Arlington Heights, IL152$224,282$230,398
Bensenville, IL28$117,500$131,393
Buffalo Grove, IL82$191,500$213,934
Deerfield, IL57$360,000$445,407
Des Plaines, IL186$122,435$156,110
Elk Grove Village, IL56$168,500$166,652
Glenview, IL113$342,690$440,428
Hoffman Estates, IL299$282,647$370,021
Itasca, IL12$192,000$217,958
Lincolnshire, IL16$371,250$422,426
Long Grove, IL156$246,089$291,316
Morton Grove, IL51$220,000$232,824
Niles, IL58$188,000$212,155
North Town, IL110$80,750$115,076
Northbrook, IL80$285,000$368,050
Northfield, IL45$700,000$945,633
Palatine, IL149$179,865$228,054
Park Ridge, IL82$288,500$328,622
Prospect Heights, IL27$138,000$164,685
Riverwoods, IL57$360,000$445,407
Rolling Meadows, IL27$122,000$149,352
Rosemont, IL49$160,000$231,592
Schiller Park, IL68$106,867$118,448
Wheeling, IL77$107,500$125,692
Wood Dale, IL19$150,000$172,263
Show Statistics for:

Population

Total Population54,469
Population Density5,276 Persons/Sq. Mile
Female Population27,374
Male Population27,094
Population Change since 1990↑ 2% Increase
Population Change since 2000↓ 3% Decrease

Colleges

Nearest 2-Year Public CollegeOakton Community College
Distance3 miles
Nearest 4-Year Public CollegeChristian Life College
Distance1 miles

Households and Income

Total Number of Households20,900
Family Households14,387
Average Family Size3.26
Average Household Income$85,529
Median Household Income$67,705
Income Change since 1990↑ 17955% Increase
Income Change since 2000↑ 18% Increase

Crime Rates Compared to National Average

The National Average is designated 1.0 - A value of 2.0 represents twice as much risk while a value of 0.5 represents half as much risk.
Total Crime Risk0.42
Crime Risk (County)2.20
Personal Crime Risk (County)2.12
Murder Crime Risk (County)1.81
Rape Crime Risk (County)2.74
Robbery Crime Risk (County)2.06
Assault Crime Risk (County)1.31
Property Crime Risk (County)0.98
Burglary Crime Risk (County)1.18
Larceny Crime Risk (County)1.46
Motor Vehicle Theft Risk (County)0.50

Climate

Average July High Temperature83.5 °F
Average January Low Temperature14.3 °F
Annual Precipitation36.3 inches
Air Pollution Index124% of National Average

Miscellaneous

Sales Tax Rate9.50%
Nearest AirportChicago O'hare International
Distance6 miles
Nearest Major Sports TeamChicago Rockstars
Distance13 miles
Show Schools in:
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Grade Levels:
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Grades: 7 - 8

Lincoln Middle School700 W Lincoln St
River Trails Middle School1000 N Wolf Rd

Grades: 9 - 12

Holmes Junior High School1900 W Lonnquist Blvd
Prospect High School801 W Kensington Rd

Grades: K - 6

Euclid Elementary School1211 N Wheeling Rd
Fairview Elementary School300 N Fairview St
Forest View Elementary School1901 Estates Dr
Indian Grove Elementary School1340 N Burning Bush Ln
John Jay Elementary School1835 W Pheasant Trl
Robert Frost Elementary School1308 S Cypress Dr
Robert Frost Elementary School1805 N Aspen Dr

Grades: Other

Lions Park School300 E Council Trl
St Emily School1400 E Central Rd
St Paul Lutheran School18 S School St
St Raymond School300 S Elmhurst Ave
West Brook School103 S Busse Rd
Show Local Businesses in:

AIR TRAVEL

Chicago Midway Intl Arprt-mdw5600 S Cicero Ave
Chicago O'hare Intl Arprt-ord10000 Bessie Coleman Dr
Hardy Airport-o5is2600 E N Rd
Jf Daley Intl Ltd4100 W 76th St

ART AND MUSEUMS

1 Museum Park East Concierge1211 S Prairie Ave # 1
Adler Planetarium & Museum1300 S Lake Shore Dr
Arc Gallery832 W Superior St # 204
Art Institute Of Chicago111 S Michigan Ave # 1
Art Institute Of Chicago159 E Monroe St
Arts Club Of Chicago201 E Ontario St
Balzekas Museum Of Lithuanian6500 S Pulaski Rd
Bronzeville Childrens Museum9301 S Stony Island Ave
Cambodian Association-illinois2831 W Lawrence Ave
Center-book & Paper Arts1104 S Wabash Ave # 2
Charnley-persky House Tour1365 N Astor St
Chicago Academy Of Sciences2430 N Cannon Dr
Chicago Architecture Fndtn224 S Michigan Ave # 116
Chicago Children's Museum700 E Grand Ave
Chicago Cultural Allliance4626 N Knox Ave
Chicago Cultural Ctr78 E Washington St
Chicago History Museum1601 N Clark St

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3 Real Estate companies have been found with properties in or near Mount Prospect
Baird & Warner
23 offices | 1,817 associates
company profile
areas served
website provides: IDX, Mortgage Pre-Approval, Photos/Virtual Tours
@properties
8 offices | 866 associates
company profile
areas served
website provides: VOW, Photos/Virtual Tours