Mount Prospect, IL is a vibrant and thriving community located just 25 miles northwest of Chicago. The median 2 bedroom rent in the area of 60056 Mount Prospect, IL is $1,560 which is slightly higher than the nation's average of $1,430. The Grocery Cost Index for this area is 99 versus 100 in the US. There are many local companies that call this area home such as PepsiCo Beverages North America, Oakton Community College, and Alarm Detection Systems Inc. Each provide different services to the area but all help to foster and continue to build upon the culture of Mount Prospect, IL.
Mount Prospect (zip 60056) has an unemployment rate of 5.0%. The US average is 6.0%.
Mount Prospect (zip 60056) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Mount Prospect (zip 60056)
- The Sales Tax Rate for Mount Prospect (zip 60056) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Prospect (zip 60056) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mount Prospect (zip 60056)
- The average income of a Mount Prospect (zip 60056) resident is $43,358 a year. The US average is $37,638 a year.
- The Median household income of a Mount Prospect (zip 60056) resident is $92,736 a year. The US average is $69,021 a year.