Economy in Mount Prospect, Illinois
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Economy
| Unemployment Rate | 6.70% | 9.10% |
| Recent Job Growth | -0.22% | -0.12% |
| Future Job Growth | 32.86% | 31.25% |
| Sales Taxes | 8.75% | 6.80% |
| Income Taxes | 3.00% | 6.25% |
| Income per Cap. | $31,531 | $27,067 |
| Household Income | $66,953 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.31% | 12.10% |
| Income between 15K and 25K | 7.26% | 10.18% |
| Income between 25K and 35K | 8.51% | 10.56% |
| Income between 35K and 50K | 13.58% | 14.98% |
| Income between 50K and 75K | 21.30% | 19.53% |
| Income between 75K and 100K | 15.37% | 12.52% |
| Income between 100K and 150K | 18.57% | 12.14% |
| Income between 150K and 250K | 4.71% | 3.91% |
| Income between 250K and 500K | 3.83% | 3.34% |
| Income greater than 500K | 0.56% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 17.97% | 13.81% |
| Professional and Related Occupations | 21.36% | 22.68% |
| Service | 12.17% | 14.51% |
| Sales and Office | 27.87% | 25.22% |
| Farming, Fishing, and Forestry | 0.10% | 0.68% |
| Construction, Extraction, and Maintenance | 5.90% | 9.37% |
| Production, Transportation, and Material Moving | 13.69% | 15.86% |
The unemployment rate in Mount Prospect, IL, is 6.70%, with job growth of -0.22%. Future job growth over the next ten years is predicted to be 32.86%.
Mount Prospect, IL Taxes
Mount Prospect, IL,sales tax rate is 8.75%. Income tax is 3.00%.
Mount Prospect, IL Income and Salaries
The income per capita is $31,531, which includes all adults and children. The median household income is $66,953.
Mount Prospect Economy SperlingViews
BUS SYSTEM: 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... (read more)Flat, no character: 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... (read more)FredWis: Raised our family here and lived here for 33 years. It was a first-rate experience all the way. A great suburb northwest of the great city of Chicago. Population about... (read more)Have an opinion about Mount Prospect? Leave a commentTo See All SperlingViews for Mount Prospect Click Here
