What percentage of people rent in Prospect Heights, IL?
33.2% (±5.8 points) of the occupied homes in Prospect Heights, IL are rented (2020–2024 American Community Survey).
That is 2,220 renting households against 4,459 that own their home.
In Prospect Heights, the share of households that rent went from 32.4% in 2015–2019 to 33.2% in 2020–2024 (+0.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 33.2% (±5.8 points)
- Renting households
- 2,220 (±402)
- Median renter income
- $77,545 (±$16,945)
Who rents and who owns in Prospect Heights
| Prospect Heights | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 33.2% (±5.8 points) | 42.3% (±0.3 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 2,220 (±402) | 887,660 (±6,720) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 4,459 (±497) | 1,212,570 (±7,287) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.4 (±0.3) | 2.1 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.2) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $77,545 (±$16,945) | $55,388 (±$886) | $50,420 (±$471) | $52,966 |
| Median owner household income | $98,036 (±$24,169) | $108,804 (±$833) | $103,505 (±$377) | $100,009 |
In Prospect Heights, the renter share is lower than in Cook County (42.3%).
It is not measurably different from Illinois (32.9%).
It is not measurably different from the national figure (34.8%).
In Cook County, Prospect Heights ranks 51 of 148 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 365 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Prospect Heights has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| 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 household income | $73,084 (±$6,460) | $85,008 (±$9,056) | +16.3% | 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.
Households that rent in places near Prospect Heights
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Prospect Heights | — | 33.2% (±5.8 points) | — |
| Wheeling Township | 0.9 mi | 23.8% (±1.5 points) | Lower |
| Wheeling | 1.8 mi | 37.3% (±3.4 points) | Not measurably different |
| Arlington Heights | 2.7 mi | 26.0% (±2.0 points) | Lower |
| Mount Prospect | 2.8 mi | 31.3% (±2.3 points) | Not measurably different |
| Buffalo Grove | 4.6 mi | 20.2% (±2.4 points) | Lower |
| Northfield Township | 4.8 mi | 20.9% (±1.8 points) | Lower |
| Des Plaines | 5.0 mi | 21.7% (±2.1 points) | Lower |
| Riverwoods | 5.1 mi | 6.7% (±5.8 points) | Lower |
Nearby places with a measurably lower figure: Wheeling Township, IL (23.8%), Arlington Heights, IL (26.0%), Buffalo Grove, IL (20.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Cook County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 45 | Leyden Township | 34.5% (±2.1 points) |
| 46 | Bridgeview | 34.4% (±6.3 points) |
| 47 | Park Forest | 34.2% (±5.2 points) |
| 48 | Dixmoor | 33.9% (±14.6 points) |
| 49 | Phoenix | 33.6% (±10.7 points) |
| 50 | McCook | 33.3% (±19.5 points) |
| 51 | Prospect Heights | 33.2% (±5.8 points) |
| 52 | Posen | 32.9% (±9.8 points) |
| 53 | North Riverside | 32.7% (±7.9 points) |
| 54 | Palatine | 32.6% (±2.2 points) |
| 55 | Palatine Township | 31.5% (±1.6 points) |
| 56 | Mount Prospect | 31.3% (±2.3 points) |
| 57 (tie) | Proviso Township | 30.7% (±1.5 points) |
Showing 13 of 148 places in Cook County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Prospect Heights
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Questions about Prospect Heights
How many renters are there in Prospect Heights?
Prospect Heights has an estimated 2,220 (±402) renting households, 33.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Prospect Heights?
In Prospect Heights, the share of households that rent went from 32.4% in 2015–2019 to 33.2% in 2020–2024 (+0.8 percentage points), not a measurable change.
How big are renting households in Prospect Heights?
A renting household in Prospect Heights has 2.4 people on average, against 2.3 in an owned home.
How much do renters earn in Prospect Heights?
The median renting household in Prospect Heights, IL has an income of $77,545 (±$16,945) a year, against $98,036 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Prospect Heights city, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 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 Household Income (B19013), 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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
- Rent burden 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
- Commute and cars in Prospect Heights
- Crime reported to police in Prospect Heights
- Population growth 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
- Illinois places ranked by share of renters
- Housing data for every place in Illinois