Prospect Heights, IL Profile: Facts & Data

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Prospect Heights, Illinois - Basic Facts

The City of Prospect Heights had a population of 16,029 as of July 1, 2019. Prospect Heights ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Prospect Heights is located at latitude 42.0953 and longitude -87.9376 in Cook County. The formal boundaries for the City of Prospect Heights encompass a land area of 4.26 sq. miles and a water area of 0.03 sq. miles. Cook County is in the Central time zone (GMT -6). The elevation is 669 feet.

The City of Prospect Heights (GNIS ID: 2396288) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Prospect Heights is located within Township of Wheeling, a minor civil division (MCD) of Cook County.


Jump to... (On This Page!)
  1. Prospect Heights 2019 Demographic Data
  2. Growth Rates for Prospect Heights (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Prospect Heights, IL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Prospect Heights, IL Housing Affordability Index is 108
State of Illinois Housing Affordability Index is 119
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Prospect Heights, IL Wealth Index is 112
State of Illinois Wealth Index is 105
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 16,029
Population in Households 15,938
Population in Familes 12,712
Population in Group Qrtrs 91
Population Density 3,768
Diversity Index1 70
 

INCOME

Median Household Income $63,476
Average Household Income $87,208
Per Capita Income $34,330
Wealth Index3 112

HOUSING

Total Housing Units 6,418 (100%)
Owner Occupied HU 3,922 (61.1%)
Renter Occupied HU 2,095 (32.6%)
Vacant Housing Units 401 ( 6.2%)
Median Home Value $277,786
Housing Affordability Index2 108
 

HOUSEHOLDS

Total Households 6,017
Average Household Size 2.65
Family Households 3,876
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.15% -0.18%
Households -0.17% -0.21%
Families -1.0% -0.34%
Median Household Income   2.4%
Per Capita Income   2.79%

Prospect Heights, IL - Peer Comparisons by Rank and Percentile

The table below compares Prospect Heights to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 156 89th
Population Density # 92 93rd
Diversity Index # 58 96th
Median Household Income # 512 63rd
Per Capita Income # 358 74th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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