2025 Compare Cities Economy:
South Elgin, IL vs Mount Prospect, IL

Change Cities
Highlights
- Household income in Mount Prospect, is 18% less than it is in South Elgin and is 25% above the National Average.
- South Elgin unemployment rate is 7.1%.
- Mount Prospect unemployment rate is 5.0%.
 South Elgin, ILMount Prospect, ILUnited States
 Unemployment Rate  Unlock5.0%6.0%
 Recent Job Growth  Unlock-0.2%1.6%
 Future Job Growth30.1%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$46,005  Unlock$37,638
 Household Income  Unlock$92,477$69,021
 Family Median Income$121,905  Unlock$85,028
 space
 Est. Households By Income
 South Elgin, ILMount Prospect, ILUnited States
 Income Less Than 15K  Unlock5.9%9.4%
 Income between 15K and 20K2.6%  Unlock3.8%
 Income between 20K and 30K  Unlock5.6%8.1%
 Income between 30K and 40K2.6%  Unlock8.0%
 Income between 40K and 50K  Unlock5.8%7.6%
 Income between 50K and 60K7.0%  Unlock7.2%
 Income between 60K and 75K  Unlock9.1%9.6%
 Income between 75K and 100K13.7%  Unlock12.8%
 Income between 100K and 150K  Unlock21.9%16.3%
 Income between 150K and 200K17.8%  Unlock7.8%
 Income greater than 200K  Unlock11.8%9.5%
 space1
 Population By Occupation
 South Elgin, ILMount Prospect, ILUnited States
 Management, business, finance20.1%  Unlock16.4%
 Engineering, computers, science  Unlock8.7%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library5.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.0%2.0%
 Healthcare practitioners and technology5.8%  Unlock6.2%
 Healthcare support  Unlock2.7%3.3%
 Firefighters, law enforcement1.8%  Unlock2.1%
 Food preparation, serving  Unlock4.8%5.4%
 Building maintenance1.8%  Unlock3.6%
 Personal care  Unlock2.6%2.6%
 Sales, office, administrative support27.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.2%  Unlock8.1%
 Production, transportation, material moving  Unlock13.3%13.1%
Reviews for South Elgin    1 Reviews

Over 16 years ago

South Elgin is a great central location with access to many major  More

   |    Reply

Start Your Review of South Elgin

Reviews for Mount Prospect    4 Reviews

Over 11 years ago

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Mount Prospect


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.