Mount Prospect, IL
B
Overall55.6kPopulation

Photo: Wikipedia

Quality of Life

Overall Quality Of Life
A-
Great

A high quality of life with strong walkability, manageable living costs, healthy neighborhood signals, and solid amenity access.

What does this tell us?

Quality of Life blends cost of living, nearby amenities, socioeconomic signals, and neighborhood character. City-level scores represent the whole municipality; individual neighborhoods can differ.

Cost of Living

129/100

29% above national average

B+

The Real Cost of Living in Mount Prospect, IL

TierIndividualFamily (4)
Survival $23k$44k
Comfortable $73k$108k
Luxury $145k+$225k+
Elite (Top 5%) $171k+$265k+
Affordability Ratio

97%

The Area Signal

A metric tracking the socioeconomic signals of the area.

A+
Hood Index scan area
Luxury Lean92%
RisksNeutralGrowth
Premium
40
Positive
27
Poor
3
Negative
3

Groceries

6 within 10 miles

0.3mi

Gas

20 within 10 miles

0.5mi

Hospital

20 within 20 miles

2.4mi

Airport

ORD — O'Hare International

6.1mi

Post Office

USPS — Mount Prospect, IL

0.3mi

Critical Amenities

Golf48Nearest 1.1 mi
Camping7Nearest 17.4 mi
Marina0Nearest 13.1 mi
Winery4Nearest 6.7 mi
Ice Rink2Nearest 7.5 mi
Gun Range2Nearest 3.2 mi

Quality-of-Life Analysis

Mount Prospect, Illinois, offers a distinctly suburban quality of life that appeals primarily to upper-middle-class families and long-term professionals seeking a stable, amenity-rich environment within commuting distance of Chicago. With a cost of living index of 129 (29% above the national average), the village commands a premium for its safety, school system, and transit access, attracting residents who prioritize space and community over urban energy. The population skews toward married couples with children and established empty-nesters, creating a quiet, family-oriented social fabric rather than a transient or nightlife-driven scene.

Cost of living, housing affordability, and how Mount Prospect compares to nearby suburbs

Mount Prospect’s housing market sits at a notable midpoint between Chicago’s expensive near-north suburbs and more affordable outer-ring towns. The median home value of $377,000 is roughly 15% below the Chicago metro average, making it a relative bargain compared to Arlington Heights (median ~$450,000) or Park Ridge (~$420,000), while remaining pricier than Des Plaines (~$310,000) or Elk Grove Village (~$340,000). Median rent of $1,454 is competitive for the area—about $200 less than in Arlington Heights—and reflects a market where single-family homes dominate over large apartment complexes. The average commute of 26.95 minutes is slightly shorter than the Cook County average (29 minutes), thanks to direct Metra Union Pacific Northwest Line service to Chicago’s Ogilvie Transportation Center in about 40 minutes. Property taxes, however, are a significant factor: Cook County’s effective rate of roughly 2.1% of assessed value adds about $7,900 annually on a median-priced home, a cost that pushes some buyers toward neighboring Lake County suburbs with slightly lower rates.

What daily life is like for families: schools, parks, and local amenities

Daily life in Mount Prospect revolves around well-regarded public schools, extensive park district programming, and a car-dependent but walkable village core. The Mount Prospect School District 57 (elementary/middle) and Prospect High School (part of Township High School District 214) consistently earn ratings of 8/10 or higher on GreatSchools, with strong STEM and AP offerings that draw families from surrounding towns. The village operates 20 parks, including the 50-acre Melas Park with sports fields and a dog park, and the Mount Prospect Park District runs year-round youth sports, summer camps, and senior programs. The downtown area along Northwest Highway and Busse Avenue features a mix of independent restaurants (e.g., Mr. D’s Shish Kabob, Mitsuwa Marketplace’s food court), a public library with a robust events calendar, and the historic Mount Prospect Village Hall. For shopping, residents rely on Randhurst Village (a redeveloped mall with Target, Costco, and dining) and nearby Woodfield Mall in Schaumburg. The rhythm is distinctly suburban: school drop-offs, weekend soccer games, and evening commutes home from the Metra station.

Mount Prospect is best suited for families and professionals who value strong public schools, a low-crime environment, and easy train access to Chicago without paying the premium of closer-in suburbs like Evanston or Oak Park. Singles and young couples may find the social scene limited—nightlife is sparse, and most entertainment requires a drive to Arlington Heights or Chicago. Retirees on fixed incomes should weigh the property tax burden carefully, though the village’s senior services and proximity to Northwest Community Hospital (Arlington Heights) are strong draws. For those seeking a quiet, well-maintained suburb with a proven school system and a commute under 30 minutes, Mount Prospect delivers a reliable, if unflashy, quality of life.

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Crime

Overall Crime Grade
A+
Very Safe

Lower crime rates than 90% of comparable U.S. locations.

Crime Rate
8.4
Incidents per 1,000 residents
5yr Trend
+15.5%
Overall crime change since 2020

Violent Crime

5yr+3.9%
Homicide
0.00 / 1k Residents100% below state avg
Robbery
0.11 / 1k Residents82% below state avg
Aggravated Assault
0.31 / 1k Residents75% below state avg

Property Crime

5yr+27.2%
Burglary
0.80 / 1k Residents46% below state avg
Larceny-Theft
6.58 / 1k Residents37% below state avg
Motor Vehicle Theft
0.53 / 1k Residents77% below state avg
Source: FBI Crime Data · 2025

Crime Analysis

Mount Prospect, Illinois, reports a violent crime rate of 50.8 incidents per 100,000 residents and a property crime rate of 792.3 per 100,000, placing it well below national averages for both categories. However, as a suburb within the Chicago metropolitan area, its safety profile is influenced by the broader regional justice system, where progressive prosecutorial policies in Cook County have raised concerns about recidivism and public safety. While the village itself maintains relatively low crime numbers, residents should remain aware that these figures exist within a larger context of lenient sentencing and reduced enforcement that can embolden offenders.

Crime in context

Mount Prospect’s violent crime rate of 50.8 per 100K is roughly one-sixth the national average of 380 per 100K, and its property crime rate of 792.3 per 100K is about half the U.S. average of 1,954 per 100K. Compared to Illinois as a whole, which recorded a violent crime rate of 395 per 100K in 2023, Mount Prospect is significantly safer. However, these statistics do not account for the impact of Cook County’s progressive district attorney, Kim Foxx, whose office has been criticized for declining to prosecute certain low-level offenses and pursuing reduced sentences. Critics argue such policies create a revolving door for property criminals and increase the likelihood that repeat offenders will cycle through Mount Prospect and neighboring communities. The village’s low crime numbers are a testament to local policing, but they cannot fully insulate residents from regional trends driven by a justice system that prioritizes offender rehabilitation over victim protection.

What residents experience

For daily life in Mount Prospect, the most common safety concern is property crime, particularly theft from vehicles and package theft, which aligns with the elevated property crime rate. Violent incidents like robbery or assault are rare, and the village’s police department maintains a visible presence through community policing and neighborhood watch programs. Residents report feeling safe walking in downtown areas and parks during daylight hours, though some express unease about the potential for spillover crime from nearby Chicago, where progressive policies have been linked to reduced clearance rates for property offenses. The village’s proactive approach—including a dedicated crime prevention unit and regular public safety alerts—helps mitigate these risks, but the underlying judicial environment means that even minor property crimes may not result in meaningful consequences for offenders.

Neighborhood-level variation in Mount Prospect is modest, with the highest property crime rates concentrated near the Randhurst Village shopping center and along the Northwest Highway corridor, where commercial activity attracts opportunistic theft. Residential areas south of Central Road and east of Elmhurst Road tend to report fewer incidents, benefiting from stronger neighborhood watch participation and lower foot traffic. Overall, while Mount Prospect is statistically a safe suburb, its location within a region shaped by progressive criminal justice policies means that residents should remain vigilant, especially regarding property crime, and support local law enforcement efforts to maintain the village’s current safety levels.

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* Values derived from national, state, county, city and local statistics and may differ in a specific area. Last updated: 2026-04-23T10:21:19.000Z

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Mount Prospect, IL