Mount Prospect is a larger medium-sized village located in the state of Illinois. With a population of 54,843 people and eight associated neighborhoods, Mount Prospect is the 24th largest community in Illinois.

Mount Prospect real estate is some of the most expensive in Illinois, although Mount Prospect house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Mount Prospect has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 12.97% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Like elsewhere in America, most people in Mount Prospect use a private automobile to get to work. But notably, a substantial number of Mount Prospect‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.

The education level of Mount Prospect ranks among the highest in the nation. Of the 25-and-older adult population in Mount Prospect, 47.09% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Mount Prospect in 2022 was $47,614, which is wealthy relative to Illinois and the nation. This equates to an annual income of $190,456 for a family of four. However, Mount Prospect contains both very wealthy and poor people as well.

Mount Prospect is an extremely ethnically-diverse village. The people who call Mount Prospect home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Mount Prospect residents report their race to be White, followed by Asian. Mount Prospect also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.95% of the village’s residents. Important ancestries of people in Mount Prospect include German, Polish, Irish, Italian, and English.

Mount Prospect also has a high percentage of its population that was born in another country: 30.02%.

The most common language spoken in Mount Prospect is English. Other important languages spoken here include Spanish and Polish.