Is Prospect Heights, IL growing?
Prospect Heights, IL had an estimated 15,618 (±32) residents in 2020–2024, against 16,137 in 2015–2019.
That is a change of −3.2%, a measurable decrease.
Its housing went from 5,859 to 6,915 homes (+18.0%), a measurable increase.
1.1% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 15,618 (±32)
- Amount of change
- −3.2%
- Homes change
- +18.0%
- Built 2020 or later
- 1.1%
Residents and homes in Prospect Heights, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 16,137 (±33) | 15,618 (±32) | −3.2% | Measurable decrease |
| Housing units | 5,859 (±259) | 6,915 (±475) | +18.0% | Measurable increase |
| Households that rent | 32.4% (±3.7 points) | 33.2% (±5.8 points) | +0.8 percentage points | Not a measurable change |
| Median gross rent | $1,099 (±$69) | $1,475 (±$161) | +34.2% | No measurable change after inflation |
| Median home value | $284,300 (±$23,663) | $346,500 (±$36,356) | +21.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Prospect Heights against Cook County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Prospect Heights | −3.2% | Measurable decrease | +18.0% |
| Cook County | −0.3% | Measurable decrease | +3.8% |
| Illinois | −0.6% | Measurable decrease | +1.8% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Prospect Heights
| Year built | Prospect Heights | Cook County | Illinois | United States |
|---|---|---|---|---|
| 2020 or later | 1.1% (±1.7 points) | 0.7% | 0.7% | 2.0% |
| 2010 to 2019 | 4.2% (±2.3 points) | 4.4% | 5.0% | 9.4% |
| 2000 to 2009 | 4.6% (±3.1 points) | 7.9% | 11.2% | 13.6% |
5.3% of the homes in Prospect Heights were built in 2010 or later.
The median age of residents is 42.8 years.
Growth in places near Prospect Heights
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Prospect Heights | — | 15,618 | −3.2% | Measurable decrease |
| Wheeling Township | 0.9 mi | 153,991 | −0.3% | Measurable decrease |
| Wheeling | 1.8 mi | 38,433 | −0.2% | Not a measurable change |
| Arlington Heights | 2.7 mi | 76,005 | +0.7% | Measurable increase |
| Mount Prospect | 2.8 mi | 55,472 | +1.6% | Measurable increase |
| Buffalo Grove | 4.6 mi | 42,891 | +4.5% | Measurable increase |
| Northfield Township | 4.8 mi | 89,674 | +2.7% | Measurable increase |
| Des Plaines | 5.0 mi | 59,156 | +0.8% | Measurable increase |
| Riverwoods | 5.1 mi | 4,013 | +10.9% | Measurable increase |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Prospect Heights
Is Prospect Heights growing?
Prospect Heights, IL had an estimated 15,618 residents in 2020–2024 and 16,137 in 2015–2019, a change of −3.2%: a measurable decrease by the Census Bureau’s test.
How many homes have been added in Prospect Heights?
The estimated number of housing units went from 5,859 in 2015–2019 to 6,915 in 2020–2024 (+18.0%), a measurable increase.
How much new construction is there in Prospect Heights?
1.1% of homes in Prospect Heights were built in 2020 or later and 4.2% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Prospect Heights city, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Prospect Heights city, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Prospect Heights city, Illinois
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Prospect Heights city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Prospect Heights city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Prospect Heights city, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Prospect Heights city, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Prospect Heights city, Illinois (place:62016, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Prospect Heights
- Rent by bedrooms in Prospect Heights
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- Renters and owners in Prospect Heights
- Income and affordability in Prospect Heights
- Home values in Prospect Heights
- Homeowner costs in Prospect Heights
- Property taxes in Prospect Heights
- Types of homes in Prospect Heights
- Bedrooms in Prospect Heights
- Age of homes in Prospect Heights
- Vacancy rate in Prospect Heights
- Heating fuel in Prospect Heights
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- Crime reported to police in Prospect Heights
- How long people stay in Prospect Heights
- Crowding and facilities in Prospect Heights
- Fair Market Rent in Prospect Heights
- Illinois landlord and tenant rules
- Housing across Cook County
- Housing data for every place in Illinois