Mount Prospect, IL Census Data
Key demographic and economic indicators for Mount Prospect, Illinois from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-03-23 · Source: U.S. Census Bureau, ACS 2023
Population
55,648
50.1% male · 49.9% female
Median Age
41.7
3.0 above the national average (38.7 yrs)
Median Household Income
$103,911
25,373.0 above the national average ($78,538)
Bachelor's Degree or Higher
48.6%
13.6 above the national average (35.0%)
HS diploma or higher: 91.7%
Poverty Rate
6.0%
6.4 below the national average (12.4%)
Uninsured: 8.8%
Broadband Access
95.6%
5.9 above the national average (89.7%)
Median Home Value
$377,000
Median rent: $1,454 · 70% owner-occupied
Unemployment Rate
3.6%
Labor force participation: 64.4%
Demographics
Race & Ethnicity
Age Distribution
Commute to Work
Mount Prospect, IL Frequently Asked Questions
What is the population of Mount Prospect, IL?
The population of Mount Prospect, IL is 55,648 according to the 2023 American Community Survey 5-year estimates. The median age is 41.7 years.
What is the median household income in Mount Prospect?
The median household income in Mount Prospect, IL is $103,911, above the national average of $78,538. Per capita income is $54,337.
What is the poverty rate in Mount Prospect?
The poverty rate in Mount Prospect, IL is 6.0%, compared to the national average of 12.4%. About 8.8% of residents lack health insurance.
What percentage of Mount Prospect residents have a college degree?
48.6% of adults (25+) in Mount Prospect hold a bachelor's degree or higher, and 91.7% have at least a high school diploma. The national average for bachelor's degree holders is 35.0%.
What is the median home value in Mount Prospect?
The median home value in Mount Prospect, IL is $377,000. Median rent is $1,454 per month, with 70% of housing units owner-occupied.
What is the racial makeup of Mount Prospect?
Mount Prospect's population is 67.1% White, 2.5% Black, 16.2% Hispanic or Latino, and 14.6% Asian (source: 2023 ACS).