Mount Prospect, Illinois Economy Profile

Official State Website URL- http://www.illinois.gov

Mount Prospect, Illinois Economy

sixty-seven point nine four percent of people are in the labor force of Mount Prospect, Illinois. The total population of Mount Prospect, Illinois is fifty-six thousand, two hundred and sixty-five people. Per capita income in Mount Prospect, Illinois is equal to twenty-six thousand, four hundred and sixty-four dollars. On an average, male full-time, year-round workers in Mount Prospect, Illinois, receive forty-four thousand, five hundred and eighty-five dollars, female full-time, year-round workers in Mount Prospect, Illinois, are paid thirty-two thousand, two hundred and eighteen dollars. There are one hundred and fifteen families with female householder, no husband present.

Self-employed workers in own not incorporated business make up four point two one percent of workers in Mount Prospect, Illinois. Eighty-six point five percent comprise private wage and salary workers in Mount Prospect, Illinois. There are eighty-nine Unpaid family workers in Mount Prospect, Illinois. Six hundred and sixty-three people are involved in public administration. 14.99% of workers provide educational, health and social services in Mount Prospect, Illinois. The percentage of people involved into transportation and warehousing, and utilities in Mount Prospect, Illinois is as follows: 6.52%.

	Mount Prospect, Illinois	%, Mount Prospect, Illinois	United States
Population 16 years and over	45,174		217,168,077
In labor force	30,693	67.94%	63.92%
- Civilian labor force	30,685	67.93%	63.39%
- - Employed	29,617	65.56%	59.73%
- - Unemployed	1,068	2.36%	3.66%
- - - Percent of civilian labor force	3.5		5.8
- Armed Forces	8	0.02%	0.53%
Not in labor force	14,481	32.06%	36.08%
Females 16 years and over	23,143	51.23%	51.66%
In labor force	13,734	30.4%	29.72%
- Civilian labor force	13,734	30.4%	29.65%
- - Employed	13,323	29.49%	27.92%
Own children under 6 years	4,214	9.33%	10.05%
All parents in family in labor force	2,334		12,787,501
COMMUTING TO WORK
Workers 16 years and over	29,175		128,279,228
Car, truck, or van -- drove alone	22,804	78.16%	75.7%
Car, truck, or van -- carpooled	3,034	10.4%	12.19%
Public transportation (including taxicab)	1,747	5.99%	4.73%
Walked	616	2.11%	2.93%
Other means	327	1.12%	1.19%
Worked at home	647	2.22%	3.26%
Mean travel time to work (minutes)	27.2	0.09%	25.5
Employed civilian population 16 years and over	29,617		129,721,512
OCCUPATION
Management, professional, and related occupations	11,661	39.37%	33.65%
Service occupations	3,083	10.41%	14.86%
Sales and office occupations	9,281	31.34%	26.69%
Farming, fishing, and forestry occupations	18	0.06%	0.73%
Construction, extraction, and maintenance occupations	1,740	5.88%	9.45%
Production, transportation, and material moving occupations	3,834	12.95%	14.62%
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining	21	0.07%	1.87%
Construction	1,347	4.55%	6.78%
Manufacturing	5,254	17.74%	14.1%
Wholesale trade	1,689	5.7%	3.6%
Retail trade	3,493	11.79%	11.73%
Transportation and warehousing, and utilities	1,932	6.52%	5.2%
Information	1,192	4.02%	3.08%
Finance, insurance, real estate, and rental and leasing	2,672	9.02%	6.89%
Professional, scientific, management, administrative, and waste management services	3,645	12.31%	9.3%
Educational, health and social services	4,440	14.99%	19.92%
Arts, entertainment, recreation, accommodation and food services	2,055	6.94%	7.87%
Other services (except public administration)	1,214	4.1%	4.87%
Public administration	663	2.24%	4.79%
CLASS OF WORKER
Private wage and salary workers	25,620	86.5%	78.47%
Government workers	2,660	8.98%	14.59%
Self-employed workers in own not incorporated business	1,248	4.21%	6.63%
Unpaid family workers	89	0.3%	0.31%

	Mount Prospect, Illinois	%, Mount Prospect, Illinois	United States
INCOME IN 1999
Households	21,648		105,539,122
Less than $10,000	816	3.77%	9.54%
$10,000 to $14,999	844	3.9%	6.31%
$15,000 to $24,999	2,007	9.27%	12.83%
$25,000 to $34,999	2,058	9.51%	12.81%
$35,000 to $49,999	3,405	15.73%	16.53%
$50,000 to $74,999	4,955	22.89%	19.46%
$75,000 to $99,999	3,380	15.61%	10.23%
$100,000 to $149,999	2,862	13.22%	7.72%
$150,000 to $199,999	741	3.42%	2.2%
$200,000 or more	580	2.68%	2.37%
Median household income (dollars)	57,165		41,994
With earnings	17,948	39.73%	39.12%
- Mean earnings (dollars)	67,622		56,604
With Social Security income	5,979	13.24%	12.47%
- Mean Social Security income (dollars)	13,402		11,320
With Supplemental Security Income	504	1.12%	2.13%
- Mean Supplemental Security Income (dollars)	6,627		6,320
With public assistance income	357	0.79%	1.67%
- Mean public assistance income (dollars)	1,953		3,032
With retirement income	3,398	7.52%	8.13%
- Mean retirement income (dollars)	18,171		17,376
Families	15,322		72,261,780
Less than $10,000	330	2.15%	5.75%
$10,000 to $14,999	286	1.87%	4.31%
$15,000 to $24,999	1,013	6.61%	10.74%
$25,000 to $34,999	1,158	7.56%	12.02%
$35,000 to $49,999	2,087	13.62%	17.13%
$50,000 to $74,999	3,733	24.36%	22.32%
$75,000 to $99,999	2,950	19.25%	12.47%
$100,000 to $149,999	2,566	16.75%	9.6%
$150,000 to $199,999	703	4.59%	2.75%
$200,000 or more	496	3.24%	2.92%
Median family income (dollars)	67,262		50,046
Per capita income (dollars)	26,464		21,587
Median earnings (dollars):
Male full-time, year-round workers	44,585		37,057
Female full-time, year-round workers	32,218		27,194
POVERTY STATUS IN 1999 (below poverty level)
Families	481		6,620,945
With related children under 18 years	340	70.69%	77.87%
- With related children under 5 years	193	40.12%	38.7%
Families with female householder, no husband present	115		3,315,916
With related children under 18 years	89	77.39%	88.68%
- With related children under 5 years	44	38.26%	42.27%
Individuals	2,614		33,899,812
18 years and over	1,812	69.32%	65.35%
- 65 years and over	315	12.05%	9.7%
Related children under 18 years	793	30.34%	33.59%
- Related children 5 to 17 years	502	19.2%	23.52%
Unrelated individuals 15 years and over	848	32.44%	31.63%

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