Mount Prospect is a city in Illinois state in USA with a population of 54165 residents.. The poverty rate of Mount Prospect is 5.8%, which is 59% lower than national average. The typical household in Mount Prospect earns $84353 a year, compared to the national median of $67,500. Nearly 30% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Mount Prospect, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Mount Prospect remained 3.5%, which is 26% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Mount Prospect, only 44% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Mount Prospect is 121, which is 21% higher than national average. Median home value in Mount Prospect is $332100 , which is 45% higher than national average. While median income in Mount Prospect remained $84353, which is 25% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.