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Prospect Heights, IL&

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Population
16,331
0.24% decline
Median Age
38.1
Median Household Income
$63,150
2.78% growth
Poverty Rate
9.6%
Number of Employees
8,461
2.61% growth
Median Property Value
$265,100
2.99% growth

Economy

The economy of Prospect Heights, IL employs 8,461 people. The economy of Prospect Heights, IL is specialized in Management of Companies & Enterprises; Wholesale trade; and Manufacturing, which employ respectively 2.22; 1.88; and 1.75 times more people than what would be expected in a location of this size. The largest industries in Prospect Heights, IL are Manufacturing (1,434), Healthcare & Social Assistance (961), and Retail trade (837), and the highest paying industries are Utilities ($132,404), Finance & Insurance ($65,862), and Professional, Scientific, Tech Services ($62,344).

Median household income in Prospect Heights, IL is $63,150. Males in Prospect Heights, IL have an average income that is 1.48 times higher than the average income of females, which is $49,999. The income inequality of Prospect Heights, IL (measured using the Gini index) is 0.457 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Prospect Heights, IL. In Cook County, IL the age groups most likely to have health care coverage are 6-17 and 25-34, men and women, respectively. The location has a 1 to 94 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,353. St. Clair County, IL has the highest prevalence of homicides of any county in Illinois.

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Showing data across all counties in Illinois.

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Diversity

Prospect Heights, IL is home to a population of 16,331 people, from which 75.2% are citizens. The ethnic composition of the population of Prospect Heights, IL is composed of 9,632 White residents (59%), 5,037 Hispanic residents (30.8%), 1,361 Asian residents (8.33%), 189 Black residents (1.16%), and 43 Hawaiian residents (0.26%). The most common foreign languages in Prospect Heights, IL are Spanish (4,315 speakers), Polish (1,899 speakers), and Other Asian (406 speakers), but compared to other places, Prospect Heights, IL has a relative high number of Polish (1,899 speakers), Greek (165 speakers), and Other Indo-European (251 speakers).

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Education

In 2015 universities in Chicago-Naperville-Elgin, IL-IN-WI Metro Area awarded 153,195 degrees. The student population of Chicago-Naperville-Elgin, IL-IN-WI Metro Area is skewed towards females, with 63,222 male students and 89,973 female students. Most students in Chicago-Naperville-Elgin, IL-IN-WI Metro Area are White (77,048 and 50.3%), followed by Hispanic or Latino (21,948 and 14.3%), Black or African American (21,442 and 14%), and Asian (10,108 and 6.6%). The largest universities in Chicago-Naperville-Elgin, IL-IN-WI Metro Area by number of graduates are Northwestern University (9,543 and 6.23%), University of Illinois at Chicago (7,070 and 4.62%), and DePaul University (6,531 and 4.26%). The most popular majors in Chicago-Naperville-Elgin, IL-IN-WI Metro Area are Registered Nursing (8,001 and 5.22%), General Business Administration & Management (3,250 and 2.12%), and General Psychology (2,963 and 1.93%). The median tuition costs in Chicago-Naperville-Elgin, IL-IN-WI Metro Area are $35,250 for private four year colleges, and $8,160 and $18,088 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Prospect Heights, IL is $265,100, which is 1.29 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $257,400 to $265,100, a 2.99% increase. The homeownership rate of Prospect Heights, IL is 66.9%, which is higher than the national average of 63.6%. People in Prospect Heights, IL have an average commute time of 23.4 minutes, and they commute by Drove Alone. Car ownership in Prospect Heights, IL is approximately the same as the national average, with an average of 2 cars per household.

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United States
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Illinois
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Cook County, IL
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Chicago-Naperville-Elgin, IL-IN-WI Metro Area
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