Places › Illinois › Mount Prospect

Living in Mount Prospect, IL

Suburb in Illinois

Mount Prospect is a suburb in Illinois, home to about 56,000 people, with 6.9 million living within 31 mi. Day to day, much of daily life is walkable. Life moves at a very fast pace, and homes are a mix of apartments and houses.

Is Mount Prospect a good place to live? Pros and cons

👍 Pros

  • Strong healthcare: 26 top-rated (4–5★) hospitals within 31 mi
  • Safe: violent crime is 0.1× the US rate (FBI 2019)
  • Big job market: about 6.9 million people live within 31 mi
  • Highly educated: 49% of adults have a bachelor's degree or higher, and 6 research universities are within 31 mi

👎 Cons

  • Cloudier than most places
  • Higher taxes: about $2,002 state income tax per resident, 2.18% property tax

Whether it's a good place for you depends on what you value. Take the quiz to see how Mount Prospect ranks against your own priorities.

Key facts

Population
56,000
6.9 million within 31 mi
Winter / summer highs
35°F / 82°F
Average daily highs · 38″ snow a year
3-bedroom home
$443k
Typical value (Zillow)
3-bedroom rent
$2,290/mo
Incl. utilities (HUD)
Cost of living
104
US average = 100 (BEA)
Taxes
$2,002
State income tax per resident · 2.18% property tax
Safety
0.1× US
Violent crime vs US (FBI 2019)
Natural disasters
8 since 2000
Declared in the county · mainly flooding, cold waves
Top-rated hospitals
26
4–5★ within 31 mi (CMS)
Adults with a degree
49%
6 research universities within 31 mi
Nearest major airport
ORD
6 mi away

Living in Mount Prospect: common questions

What is the cost of living in Mount Prospect?

A typical 3-bedroom home is worth about $443k, and a 3-bedroom rents for about $2,290 a month including utilities. Overall living costs are above the US average (index 104, where the US is 100).

What are taxes like in Mount Prospect?

Illinois collects about $2,002 in state income tax per resident, and homeowners here pay about 2.18% of their home's value in property tax each year.

Is Mount Prospect safe?

Violent crime is well below the national rate (0.1× in FBI 2019 data).

What is the weather like in Mount Prospect?

Mount Prospect has cold winters: winter days average around 35°F and summer days around 82°F, with roughly 38″ of snow a year.

Does Mount Prospect get natural disasters?

Natural disaster risk is moderate, mainly from flooding, cold waves and tornadoes: 8 federally declared disasters have hit the county since 2000, and FEMA expects about 1.62 deaths or injuries per 100,000 residents a year.

What is the nearest major airport to Mount Prospect?

The nearest major airport is ORD, about 6 mi away.

How Mount Prospect scores

Each bar compares Mount Prospect with the other 1143 places in Best Life Fit Me. A dot shows where it sits between two ends, such as major metro and small town; neither end is better. Coloured bars run from poor (red) to excellent (green).

🏙️City size Big city Major metroSmall town
🏘️Urban or quiet Urban Dense & urbanQuiet / rural
🚶Getting around Mostly walkable Walk & transitCar essential
🌲Culture or nature Strong culture scene Culture & nightlifeNature on the doorstep
🌡️Climate Cold winters Warm all yearLong, snowy winters
💰Cost of living Expensive Very expensiveVery affordable
⏱️Pace Very fast-paced Very fast-pacedSlow & calm
🤝Community Tight-knit community AnonymousTight-knit community
🏡Housing Apartments & houses ApartmentsHouses with yards
🏷️Affordable housing Average
💸Low taxes Poor
💼Job market Excellent
🏥Healthcare Excellent
🎓Education Excellent
🧸Kids & family Excellent
🐕Dog-friendly Average
⛰️Outdoors Good
🎭Culture Excellent
🛡️Safety Very safe
🌪️Few natural disasters Good
☀️Sunny Poor
🌤️Mild summers Excellent
✈️Airport Excellent

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Is Mount Prospect right for you?

Answer 27 quick questions and see how it ranks against your priorities.

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Sources: US Census ACS 2019–2023, Census State Tax Collections FY2025, Zillow 3-bedroom ZHVI, HUD Fair Market Rents, BEA Regional Price Parities 2024, FBI 2019, FEMA National Risk Index v1.20, OpenFEMA disaster declarations, NOAA Normals 1991–2020, NASA POWER, CMS, NCES IPEDS 2023, IMLS, OpenStreetMap. How scores work.