Home / Select Cities  /  2024 Comparing Madison, WI vs. Mount Prospect, IL

2024 Compare Cities Housing:
Madison, WI vs Mount Prospect, IL

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Highlights
- The median age of a home in Madison is 20.5% younger than the median age of a home in Mount Prospect.

Housing
 Madison, WIMount Prospect, ILUnited States
 Median Home Age445342
 Median Home Cost$337,500$337,700$338,100
 Home Appr. Last 12 months15.5%14.5%16.6%
 Home Appr. Last 5 yrs.51.6%31.8%57.0%
 Home Appr. Last 10 yrs.87.1%54.6%101.1%
 Property Tax Rate$20.6$22.8$11.0
 Homes Owned45.6%65.8%57.4%
 Housing Vacant4.3%5.7%11.2%
 Homes Rented50.2%28.5%31.4%
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 Avg Rent For Home Or Apartment
 Madison, WIMount Prospect, ILUnited States
 Average Rent$1,890$1,980$1,840
 Studio Apartment$1,060$1,270$1,080
 1 Bedroom Home or Apartment$1,250$1,380$1,180
 2 Bedroom Home or Apartment$1,460$1,580$1,430
 3 Bedroom Home or Apartment$1,910$2,010$1,860
 4 Bedroom Home or Apartment$2,160$2,390$2,160
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 Vacant Housing
 Madison, WIMount Prospect, ILUnited States
 Vacant For Rent2.0%1.7%1.9%
 Vacant Rented0.6%0.2%0.4%
 Vacant For Sale0.3%0.9%0.7%
 Vacant Sold0.2%0.0%0.4%
 Vacant Vacation0.6%0.1%3.6%
 Vacant Other0.7%2.9%4.1%
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 Owner-Occupied Housing Value
 Madison, WIMount Prospect, ILUnited States
 Less Than $20,0001.0%0.2%2.6%
 $20,000 to $39,9990.7%0.4%2.4%
 $40,000 to $59,9990.2%0.1%2.8%
 $60,000 to $79,9990.6%0.9%3.9%
 $80,000 to $99,9990.9%1.3%4.5%
 $100,000 to $149,9996.2%5.1%11.3%
 $150,000 to $199,99912.4%7.3%13.0%
 $200,000 to $299,99935.0%21.4%20.1%
 $300,000 to $399,99922.5%36.6%13.6%
 $400,000 to $499,99910.9%16.5%8.3%
 $500,000 to $749,9997.0%9.4%9.7%
 $750,000 to $999,9991.4%0.3%3.9%
 $1,000,000 to $1,499,9990.8%0.3%2.2%
 $1,500,000 to $1,999,9990.4%0.1%0.8%
 $2,000,000 and over0.1%0.1%1.1%
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 Housing Units By Year Built
 Madison, WIMount Prospect, ILUnited States
 2015 and Newer0.1%0.0%0.2%
 2010 to 201413.5%2.2%13.6%
 2000 to 200913.5%2.2%13.6%
 1990 to 199912.8%7.5%13.6%
 1980 to 19899.8%9.8%13.2%
 1970 to 197913.7%23.9%14.8%
 1960 to 196912.8%7.5%13.6%
 1950 to 19599.4%21.4%10.0%
 1940 to 19494.5%2.4%4.7%
 1939 or Earlier14.2%4.1%12.2%

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Reviews for Madison    78 Reviews

Unfortunately, a number of these reviews are politically based. Madison remains the only shining star in Wisconsin’s economy. The economy is broadly based, with  More

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Have been living in Madison for almost 3 years. It’s very safe, ppl generally friendly and for a town of its size it has fair number of good restaurants and interesting  More

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Lacks balance and zero accountability.   More

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Reviews for Mount Prospect    4 Reviews

Over 10 years ago

Because of powerful teachers unions, taxes are always rising and becoming unaffordable.   More

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Over 13 years ago

The PACE bus system is okay here if you want to go to the CTA L station,but getting around to different suburbs is a real  More

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Over 15 years ago

Although Mt. Prospect is incredibly diverse, housing is very expensive and the area doesn't have much charm. There are strip malls and a lot of traffic. The library is  More

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ZIPS IN MADISON, WISCONSIN
53711, 53704, 53719, 53703, 53705, 53713, 53716, 53714, 53715, 53718, 13 total
ZIPS IN MOUNT PROSPECT, ILLINOIS
60056

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