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Population Review

Mount Prospect, Illinois Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of Mount Prospect, Illinois is 55,648 as of the 2023 American Community Survey, making it the 24th-largest city in Illinois. The median household income is $103,911, the median home value is $377,000, and the median age is 41.7.

The population has grown 0.7% since 2010 (55,082 → 55,460).

55,648

Population

5191

People / sq mi

$103,911

Median Income

$377,000

Median Home Value

Mount Prospect covers 10.7 sq mi of land at 5191 people per square mile.

About Mount Prospect, IL

Mount Prospect is a city in Illinois with a population of 55,648. It ranks #24 among cities in Illinois by population. The median age is 41.7, older than the national median. The population is 50.1% male and 49.9% female.

The median household income in Mount Prospect is $103,911, above the US median of $74,580. 4.3% of residents live below the federal poverty level. Home values sit at a median of $377,000, with monthly rent averaging $1,454. The homeownership rate of 70.0% is higher than the national rate of 64.8%.

Educational attainment in Mount Prospect reflects 48.6% of adults 25 and older holding a bachelor's degree or higher, above the national average of 34.3%. Roughly 15.8% of workers primarily work from home, similar to the national work-from-home rate of 14.2%. The average commute is 27.0 minutes each way.

Mount Prospect village Population History (2010-2024)

The city of Mount Prospect village had a population of 55,082 in 2010 and 55,460 in 2024, a 0.7% growth over 14 years. The peak was 56,705 in 2020. Average annual growth rate: 0.06%.

2020 · 57K20102024

55,460

Population (2024)

55,082

Population (2010)

56,705

Peak (2020)

0.06%

Avg Annual Growth

YearPopulation
201055,082
201155,264
201255,417
201355,602
201455,770
201555,528
201655,156
201754,675
201854,116
201953,719
202056,705
202155,651
202254,927
202354,748
202455,460

Race & Ethnicity

White67.1%
Black or African American2.5%
Asian0.0%
Hispanic or Latino (any race)1.0%
Two or More Races0.0%

Economy & Income

$103,911

Median Household Income

$48,113

Per Capita Income

4.3%

Poverty Rate

2.4%

Unemployment Rate

Housing

$377,000

Median Home Value

$1,454

Median Rent

70.0%

Owner-Occupied

Education

91.7%

High School+

48.6%

Bachelor's+

Commute

4.3%

Drive Alone

69.9%

Public Transit

15.8%

Work From Home

27.0 min

Avg Commute

Community Profile

10.0%

Foreign Born

57.6%

Non-English at Home

4.8%

Veterans

9.2%

With Disability

91.2%

Health Insurance

95.6%

Internet Access

Employment by Industry

Professional, Scientific & Management21.1%
Manufacturing12.8%
Finance, Insurance & Real Estate12.2%
Information8.9%
Retail Trade8.6%
Education, Health Care & Social Services8.2%
Construction6.3%
Arts, Entertainment & Food Services4.8%
Transportation & Warehousing2.5%
Public Administration2.5%
Agriculture & Mining0.3%

Largest cities in Illinois

Largest counties in Illinois

Part of Illinois

Metro areas in Illinois

City rankings

Frequently Asked Questions

Mount Prospect, Illinois has a population of 55,648 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 24th-largest city in Illinois.

The median household income in Mount Prospect, Illinois is $103,911, with 4.3% of residents living below the federal poverty level.

The median home value in Mount Prospect, Illinois is $377,000, with median monthly rent at $1,454 and a homeownership rate of 70.0%.

The median age in Mount Prospect, Illinois is 41.7 years. The population is 50.1% male and 49.9% female.

The population has grown 0.7% since 2010 (55,082 → 55,460).

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.