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
Compare with nearby places
Places of similar size in Illinois.
- Fairview Heights city 16,255
- La Grange village 15,999
- Washington city 15,946
- Bradley village 15,331
- Norridge village 15,177
- Dixon city 15,166
- Macomb city 15,006
Keep going
More Illinois coverage.