2025 Compare Cities Economy:
Mount Prospect, IL vs Elk Grove Village, IL

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Highlights
- Household income in Elk Grove Village, is 4% less than it is in Mount Prospect and is 23% above the National Average.
- Mount Prospect unemployment rate is 5.0%.
- Elk Grove Village unemployment rate is 5.7%.
 Mount Prospect, ILElk Grove Village, ILUnited States
 Unemployment Rate  Unlock5.7%6.0%
 Recent Job Growth  Unlock-0.2%1.6%
 Future Job Growth26.6%  Unlock33.5%
 Sales Taxes10.0%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$43,389  Unlock$37,638
 Household Income  Unlock$89,187$69,021
 Family Median Income$113,638  Unlock$85,028
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 Est. Households By Income
 Mount Prospect, ILElk Grove Village, ILUnited States
 Income Less Than 15K  Unlock3.4%9.4%
 Income between 15K and 20K2.4%  Unlock3.8%
 Income between 20K and 30K  Unlock5.1%8.1%
 Income between 30K and 40K6.4%  Unlock8.0%
 Income between 40K and 50K  Unlock7.0%7.6%
 Income between 50K and 60K6.2%  Unlock7.2%
 Income between 60K and 75K  Unlock9.8%9.6%
 Income between 75K and 100K12.9%  Unlock12.8%
 Income between 100K and 150K  Unlock21.8%16.3%
 Income between 150K and 200K11.9%  Unlock7.8%
 Income greater than 200K  Unlock11.0%9.5%
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 Population By Occupation
 Mount Prospect, ILElk Grove Village, ILUnited States
 Management, business, finance20.8%  Unlock16.4%
 Engineering, computers, science  Unlock6.9%6.5%
 Community, social services0.5%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library5.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology6.2%  Unlock6.2%
 Healthcare support  Unlock1.8%3.3%
 Firefighters, law enforcement1.1%  Unlock2.1%
 Food preparation, serving  Unlock2.9%5.4%
 Building maintenance2.5%  Unlock3.6%
 Personal care  Unlock2.0%2.6%
 Sales, office, administrative support20.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair6.9%  Unlock8.1%
 Production, transportation, material moving  Unlock13.4%13.1%
Reviews for Mount Prospect    4 Reviews

Over 11 years ago

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

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Over 14 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 16 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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Reviews for Elk Grove Village    1 Reviews

I wish we never moved here....  More

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