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2024 Compare Cities Economy:
Mount Prospect, IL vs Waukegan, IL

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Highlights
- Household income in Waukegan, is 36% less than it is in Mount Prospect and is 17% below the National Average.
- Mount Prospect unemployment rate is 5.0%.
- Waukegan unemployment rate is 10.2%.

Economy
 Mount Prospect, ILWaukegan, ILUnited States
 Unemployment Rate5.0%10.2%6.0%
 Recent Job Growth-0.2%2.4%1.6%
 Future Job Growth26.6%30.5%33.5%
 Sales Taxes10.0%8.5%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$43,389$26,834$37,638
 Household Income$92,477$58,844$69,021
 Family Median Income$113,638$68,233$85,028
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 Est. Households By Income
 Mount Prospect, ILWaukegan, ILUnited States
 Income Less Than 15K5.9%9.0%9.4%
 Income between 15K and 20K2.4%4.1%3.8%
 Income between 20K and 30K5.6%11.5%8.1%
 Income between 30K and 40K6.4%9.4%8.0%
 Income between 40K and 50K5.8%9.7%7.6%
 Income between 50K and 60K6.2%7.2%7.2%
 Income between 60K and 75K9.1%12.3%9.6%
 Income between 75K and 100K12.9%13.1%12.8%
 Income between 100K and 150K21.9%12.6%16.3%
 Income between 150K and 200K11.9%5.7%7.8%
 Income greater than 200K11.8%5.5%9.5%
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 Population By Occupation
 Mount Prospect, ILWaukegan, ILUnited States
 Management, business, finance20.8%9.7%16.4%
 Engineering, computers, science8.7%4.8%6.5%
 Community, social services0.5%1.7%1.8%
 Legal1.3%0.5%1.2%
 Education, library5.9%4.3%6.2%
 Arts, design, media, sports, entertainment2.0%1.0%2.0%
 Healthcare practitioners and technology6.2%4.5%6.2%
 Healthcare support2.7%3.6%3.3%
 Firefighters, law enforcement1.1%2.0%2.1%
 Food preparation, serving4.8%6.2%5.4%
 Building maintenance2.5%7.4%3.6%
 Personal care2.6%2.3%2.6%
 Sales, office, administrative support20.7%19.6%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair6.9%6.8%8.1%
 Production, transportation, material moving13.3%25.5%13.1%

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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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Reviews for Waukegan    3 Reviews

Great people, beautifully diverse. All live and work together to provide the best for all residents. Lake County College is completing a 40 million dollar building  More

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Over 11 years ago

We're looking for a moderate climate. Waukegan is on Lake Michigan and could have a dynamic vibrant downtown but it doesn't. Great master plan if somehow Waukegan can  More

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Over 16 years ago

I have been living in north east waukegan for 12 years and I am excited by the recent surge of growth in the downtown area. Thanks to the Genesee theater, there are  More

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ZIPS IN MOUNT PROSPECT, ILLINOIS
60056
ZIPS IN WAUKEGAN, ILLINOIS
60085 60087

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