Prospect Heights
Prospect Heights city, Illinois
Prospect Heights, Illinois, offers a compelling blend of suburban charm and accessibility, making it a highly desirable location for families and individuals alike. With a population of just over 15,800, this tight-knit community exudes a welcoming atmosphere, far removed from the hustle of city life. Housing here is surprisingly attainable, with a median home value of around $337,000, slightly below the national average. Coupled with a strong median household income of approximately $84,500, significantly exceeding the national benchmark, residents enjoy a comfortable lifestyle with a high quality of life. The area is renowned for its family-friendly environment, offering excellent schools, safe streets, and numerous parks, creating an ideal setting for raising children.
From an investment perspective, Prospect Heights presents a stable and attractive real estate market. The area's robust median income and relatively affordable housing create a solid foundation for property value appreciation. While specific unemployment figures are not available, the overall economic health of the region suggests ample employment opportunities, adding to the area's appeal. Prospect Heights is particularly well-suited for families seeking a safe, community-oriented environment with access to top-notch schools. Its proximity to Chicago and other metropolitan areas provides residents with convenient access to urban amenities while maintaining a peaceful suburban lifestyle.
Prospect Heights, Illinois at a Glance
Prospect Heights is a city in Prospect Heights city, Illinois with a population of approximately 15,861. The median home value is $336,900 and the median household income is $84,459. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,354 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$336,900
Median Income
$84,459
Population
15,861
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Fair
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- Population
- 15,861
- Median Age
- N/A
- Median Household Income
- $84,459
13% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 8.2%
34% below nat'l avg
- Median Home Value
- $336,900
20% above nat'l avg
- Median Rent
- $1,354
16% above nat'l avg
- Homeownership Rate
- 90.0%
37% above nat'l avg
- Affordability Index
- 218
118% above nat'l avg
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 73.10
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 15.0¢/kWh
10% below nat'l avg
- Est. Monthly Electric
- $135
Near nat'l avg
- Total Schools
- 2
- Elementary
- 1
- Middle
- 0
- High School
- 1
- Avg. Enrollment
- 449
- Student-Teacher Ratio
- 15.2:1
- Free/Reduced Lunch
- 23.1%
- Title I Schools
- 0%
Student Demographics
Nearby Schools
- Unemployment Rate
- 5.1%
38% above nat'l avg
- Poverty Rate
- 8.2%
34% below nat'l avg
Weather & Climate in Prospect Heights
Avg High
63°F
Avg Low
45°F
Annual Rainfall
37.7"
Avg Humidity
69%
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Prospect Heights
Prospect Heights City-Wide Garage Sale
Annual event where residents sell items from their homes.
Prospect Heights Fourth of July Parade and Festival
Community celebration with a parade, food, and entertainment.
Fall Fest
A family-friendly event with seasonal activities and food vendors.
Holiday Tree Lighting Ceremony
Community gathering to celebrate the start of the holiday season.
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