Mt. Prospect, IL Real Estate
According to census data in the year 2000 there were 22,081 housing units in Mt. Prospect.
This represents a 5.4% growth from 20,949 in 1990.
Of those housing units, 22,081 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Mt. Prospect is about 71.3%.
Mt. Prospect's vacancy rate, including seasonal lodging, is about 1.6%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Mt. Prospect were built after 1968.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.69|
|Median year structure was built||1965|
|Median Value of occupied units||$217,700|
|Median Price asked for vacant units||$200,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.4|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$873|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||9.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.1%|