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Mount Prospect Illinois Real Estate By Jennifer Hershey

Mount Prospect Illinois Real Estate

Mount Prospect, Illinois, is located in Cook County, of , and 19 miles NW of Chicago, Illinois. Mount Prospect has a population of 56,265.

Mount Prospect Homes

Mount Prospect properties pool is 21,718 residential properties including Mount Prospect new homes. Median age of real estate in Mount Prospect is 1968. Average Household size is 3.14 people. 4% are one bedroom homes, 18% are 2 bedroom homes, 51% are 3 bedroom homes, 23% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Mount Prospect Mortgage Statistics

Mount Prospect mortgages vs. USA median statistics

Homes Mount Prospect USA
Homes With No Mortgage 36%
30%
Homes With Mortgage 64%
70%
First Mortgage Only 50%
54%
First & Second Mortgage or HELOC 14%
16%

Mount Prospect Area Real Estate Tax

Mount Prospect Real estate Tax: Median Real Estate Taxes (2000) were $3,543 comparing to 1999 Median Family income $ 67,262. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Mount Prospect School District: Children make up 23% of Mount Prospect population. Mount Prospect has 12,946 under 18 years old residents, or 0.44 kids per one worker, or 0.6 kids per one household.

Mount Prospect Real Estate & Mount Prospect Homeownership

There are 5429.5 or 25% one person households, 7384.12 or 34% two person households, and 3257.7 or 15% three person households in Mount Prospect, Illinois. Median residents age is 37.2, Senior citizens (65+) make up 8,340 or 14.8%% of Mount Prospect population.

There are 29,175 workers (over 16 years of age) in Mount Prospect. Of these, 88.56% drive to work. Approximately 5.99% of workers in Mount Prospect take public transportation. An estimated 2.11% walk to work.

Median Mount Prospect homeowner's housing expences are 19.1%

Crime in Mount Prospect (2003), crimes per 10,000 residents per year

Type of Crime Mount Prospect USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Mount Prospect Properties

When making a decision about buying real estate in Mount Prospect Illinois area, you should consider following statistical data:

Category Mount Prospect USA
Near Medium City
-
Near Large City
Chicago, Illinois
-
Mount Prospect Zip Codes
60056
-
Mount Prospect Area Codes
847
-
White population
80.58%
75.1%
African-American population
1.82%
12.3%
Asian
11.18%
3.6%
American Indian & Alaskan
0.2%
0.9%
Hispanic (of any race)
11.77%
12.5%
Median Family Income (1999)
$ 67,262%
$42,000
Population Below Poverty Level
4.65%
12.4%

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See Also:

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Bartonville Illinois Real Estate
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Beardstown Illinois Real Estate
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Belvidere Illinois Real Estate
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