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ZipNumbers

Illinois · Census place 62016

Prospect Heights city, IL

Quick answer

Prospect Heights city has 15,681 residents, ranking #159 of 1462 places in Illinois. Median household income is $91,599, the median home is worth $347,500 and median gross rent runs $1,391 a month.

Population
15,681Prospect Heights city residents
Median household income
$91,599Past 12 months, inflation adjusted
Median home value
$347,500Owner-occupied units
Median gross rent
$1,391Rent plus utilities, monthly
Median age
41 yrsAll residents
Homeownership rate
63.5%Owner-occupied households

What the numbers mean in Prospect Heights city

Housing cost measured against local earnings.

A household earning the Prospect Heights city median would spend about 18.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.9% of residents and 63.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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