Mount Prospect vs Elgin
| Mount Prospect | Elgin | |
|---|---|---|
| Population | 56,191 | 114,190 |
| Median Household Income | $101,720 | $90,282 |
| Median Home Value | $397,400 | $273,000 |
| Median Gross Rent | $1,502/mo | $1,361/mo |
| Homeownership Rate | 68.7% | 71.9% |
| Unemployment Rate | 3.8% | 6.1% |
| Bachelor's Degree or Higher | 48.6% | 27.0% |
| Median Age | 41.1 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.