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Prospect Heights, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Prospect Heights, Illinois had a total population of 15,618, the 159th largest city in Illinois, with a median household income of $85,008, which is 2% higher than the state average. The poverty rate is 7.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Prospect Heights Quick Facts

Population 15,618
Median Household Income $85,008
Median Home Value $346,500
Poverty Rate 7.3%
Unemployment Rate 3.5%
Median Age 42.8 years
Homeownership Rate 66.8%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 41.3%
High School Graduation Rate 83.0%
Diversity Index 54/100
Population 15,618 159th of 1,445
Median Income $85,008 top 30%
Poverty Rate 7.3% 41% lower than national
Median Home Value $346,500 top 10%

How Prospect Heights Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population15,68115,618-0.4%
Median household income$91,599$85,008-7.2%
Median home value$347,500$346,500-0.3%

How Prospect Heights Compares

Economy & Housing

Household Income Distribution

Under $25K 9.5%
$25K-$50K 20.8%
$50K-$100K 26.6%
$100K+ 43.1%
Detailed income brackets
Under $10K
4.2%
$10K-$15K
0.5%
$15K-$20K
1.4%
$20K-$25K
3.4%
$25K-$30K
2.5%
$30K-$35K
6.3%
$35K-$40K
2.9%
$40K-$45K
5.0%
$45K-$50K
4.1%
$50K-$60K
3.7%
$60K-$75K
10.9%
$75K-$100K
11.9%
$100K-$125K
10.3%
$125K-$150K
7.5%
$150K-$200K
10.9%
$200K+
14.4%

Employment

3.5% Unemployment Rate State: 5.8%|National: 5.2%
70.7% Labor Force Participation

Housing Overview

Owner 66.8%
Renter 33.2%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,475/mo 20.8% of median household income annually

People & Demographics

Diversity Index

54out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 61 | National average: 61

Education

Prospect Heights Rankings in Illinois

#159 Population of 1,445
#386 Median Income of 1,374
#183 Education of 1,444
#115 Home Value of 1,372

Other Cities in Cook County

CityPopulationMedian IncomePovertyHome Value
Chicago 2,711,226 $77,902 16.8% $334,100
Elgin 114,934 $90,282 9.8% $273,000
Cicero 82,797 $70,842 14.6% $249,400
Schaumburg 76,868 $97,514 5.7% $330,400
Evanston 76,340 $96,434 11.8% $481,200
Arlington Heights 76,005 $116,723 6.0% $414,500
Palatine 66,293 $97,819 8.2% $355,600
Skokie 66,219 $95,337 9.7% $387,200
Des Plaines 59,156 $97,875 6.0% $335,600
Orland Park 57,916 $98,910 7.3% $367,200

Cities Similar to Prospect Heights

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Norridge15,439$87,807$374,90031.5%7.9%
Washington15,919$95,179$221,90043.7%5.1%
Fairview Heights16,745$80,930$177,70034.7%8.8%
Swansea14,710$91,587$223,60042.5%8.7%
Morris14,898$76,711$247,40023.6%7.7%

Population Overview

Prospect Heights is a small city located in Illinois, within Cook County. The total population is 15,618. It ranks as the 159th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Prospect Heights is 42.8 years. This is 10% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Prospect Heights is $85,008. This is 2% higher than the state median of $83,390. It is also 5% higher than the national median of $80,734. The poverty rate stands at 7.3%. This is 38% lower than the state poverty rate of 11.8%. The unemployment rate is 3.5%. This is 40% lower than the state rate of 5.8%. The median home value is $346,500. Housing costs are 32% higher than the state median of $263,300. The home-value-to-income ratio is 4.1x. 66.8% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Prospect Heights is White (non-Hispanic), making up 62.4% of the population. Hispanic or Latino residents account for 25.8%. The Black or African American population (0.6%) is well below the state average of 13.3%. The Asian population is significantly higher than the state average (8.9% vs 5.9%).

Education

41.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.0%.

Data Sources & Methodology

All demographic data for Prospect Heights, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Illinois city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Prospect Heights, Illinois?

Prospect Heights, Illinois has a population of 15,618 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Prospect Heights, IL?

The median household income in Prospect Heights is $85,008, which is 5% higher than the national median of $80,734.

What is the poverty rate in Prospect Heights, IL?

The poverty rate in Prospect Heights is 7.3%. This means approximately 1,131 residents live below the federal poverty line.

What is the racial makeup of Prospect Heights, Illinois?

Prospect Heights's population is 62.4% White, 0.6% Black, 25.8% Hispanic/Latino, and 8.9% Asian.

What is the median home value in Prospect Heights, IL?

The median home value in Prospect Heights is $346,500. The home-value-to-income ratio is 4.1x.

How educated is Prospect Heights, Illinois?

41.3% of adults (25+) in Prospect Heights hold a bachelor's degree or higher, and 12.7% hold a graduate or professional degree.