Most Expensive Mount Prospect Neighborhoods
Mount Prospect is a larger medium-sized village located in the state of Illinois. With a population of 54,951 people and eight constituent neighborhoods, Mount Prospect is the 25th largest community in Illinois.
Mount Prospect home prices are not only among the most expensive in Illinois, but Mount Prospect real estate also consistently ranks among the most expensive in America.
Unlike some villages, Mount Prospect isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Mount Prospect are a mix of both white- and blue-collar jobs. Overall, Mount Prospect is a village of sales and office workers, professionals and managers. There are especially a lot of people living in Mount Prospect who work in office and administrative support (14.06%), management occupations (11.89%) and sales jobs (9.19%).
Also of interest is that Mount Prospect has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Mount Prospect is a great place for families with children to consider. First of all, many other families with children live here, making Mount Prospect a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Mount Prospect has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Mount Prospect’s overall crime rate is lower than average for the country.
For the size of the village, public transportation in Mount Prospect is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Mount Prospect, the benefits are reduced air pollution and congestion on the highways.
The citizens of Mount Prospect are very well educated compared to the average community in the nation: 37.99% of adults in Mount Prospect have a bachelor's degree or even advanced degree.
The per capita income in Mount Prospect in 2010 was $33,983, which is wealthy relative to Illinois and the nation. This equates to an annual income of $135,932 for a family of four. However, Mount Prospect contains both very wealthy and poor people as well.
Mount Prospect is a very ethnically-diverse village. The people who call Mount Prospect home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Mount Prospect residents report their race to be White, followed by Asian. Mount Prospect also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 16.97% of the village’s residents. Important ancestries of people in Mount Prospect include Polish, German, Irish, Italian, English and Swedish.
Mount Prospect also has a high percentage of its population that was born in another country: 32.32%.
The languages spoken by people in Mount Prospect are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Mount Prospect is English. Other important languages spoken here include Spanish, Polish, Gujarathi and Other Asian languages.
|MOUNT PROSPECT INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||20,288|
|MOUNT PROSPECT HOME OWNERSHIP|
|% OWNER OCCUPIED||71.20%|
|% RENTER OCCUPIED||28.81%|
|TYPE OF MOUNT PROSPECT HOMES|
|SINGLE FAMILY DETACHED||55.81%|
|ROWHOUSES AND ATTACHED HOMES||3.95%|
|SMALL APARTMENT BUILDINGS||5.05%|
|COMPLEXES OR HIGH RISE APARTMENTS||34.94%|
|SIZE OF MOUNT PROSPECT HOMES|
|5 OR MORE BEDROOMS||2.72%|
|AGE OF MOUNT PROSPECT HOMES|
|NEWER HOMES (2000 OR LATER)||4.01%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||38.80%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||53.54%|
|HISTORIC (1939 OR BEFORE)||3.65%|
|MOUNT PROSPECT REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$322,486|
|MEDIAN RENTAL PRICE||$1,094|
|HOME VALUE RANGE|
|$0 - $54,000||2.46%|
|$54,001 - $109,000||3.35%|
|$109,001 - $218,000||13.98%|
|$218,001 - $327,000||33.81%|
|$327,001 - $435,000||31.71%|
|$435,001 - $544,000||7.66%|
|$544,001 - $816,000||5.64%|
|$816,001 - $1,088,000||0.59%|
|PEOPLE OF MOUNT PROSPECT||DETAILS|
|UNDER 5 YEARS||6.42%|
|5 TO 17||16.98%|
|18 TO 24||6.57%|
|25 TO 34||13.80%|
|35 TO 54||30.22%|
|55 TO 64||11.13%|
|65 YEARS AND OVER||14.88%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||88.32%|
|MEDIAN HOUSEHOLD INCOME||$69,155|
|PER CAPITA INCOME||$33,983|
|INDIVIDUALS BELOW POVERTY LEVEL||4.30%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (14.87%)
Professional, scientific, and technical services (7.34%)
Information Technology (2.37%)
Public Service (2.32%)
|BLACK OR AFRICAN AMERICAN||2.21%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.27%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.02%|
|SOME OTHER RACE ALONE||10.43%|
|TWO OR MORE RACES||1.73%|
|HISPANIC OR LATINO (OF ANY RACE)||16.97%|
|ETHNICITIES PRESENT||Polish (18.55%)
|LANGUAGES SPOKEN||English (57.38%)
Other Asian languages (2.31%)
Slavic languages (2.11%)
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