HomeIllinoisCook CountyProspect Heights city
Prospect Heights city, Illinois: commercial real estate data.
Prospect Heights city is a Census city of 15,618 people across 4.21 square miles of land, in Cook County. Median household income is $85,008, 66.8 percent of occupied homes are owned, and the SBA record carries 24 7(a) approvals to borrowers here worth $5.5 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Prospect Heights
What Prospect Heights is
- Census place typecity
- Land area4.21 sq mi
- Water area0.03 sq mi
- Population per square mile of land3,712
- County holding the largest share of its areaCook County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Heights
How many people live in Prospect Heights
- Population15,618
- Median age42.8
- Population under 182,608
- Share under 1816.7 percent
- Population 65 and over3,051
- Share 65 and over19.5 percent
- Households6,679
- Family households4,257
- Share of households that are families63.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Heights
Income and work in Prospect Heights
- Median household income$85,008
- Per capita income$48,072
- Civilian labor force9,389
- Employed9,061
- Unemployed328 plus or minus 138
- Unemployment rate3.5 percent plus or minus 1.5
- Adults 25 and over12,005
- Adults 25 and over with a high school diploma or higher82.9 percent
- Adults 25 and over with a bachelor degree or higher41.3 percent
- Adults 25 and over with a graduate degree12.7 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Heights
Housing in Prospect Heights
- Housing units6,915
- Occupied units6,679
- Vacant units236 plus or minus 179
- Vacancy rate3.4 percent plus or minus 2.6
- Owner occupied4,459
- Renter occupied2,220
- Ownership rate66.8 percent
- Median owner-occupied home value$346,500
- Median gross rent, monthly$1,475
- Annual rent as a share of median income20.8 percent
- Single family units3,305
- Share single family47.8 percent
- Units in buildings of two or more3,610
- Share in buildings of two or more52.2 percent
- Mobile homes0
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Heights
How Prospect Heights gets to work
- Workers 16 and over who commute7,334
- Commuting under 15 minutes1,748 plus or minus 402
- Share commuting under 15 minutes23.8 percent plus or minus 5.1
- Commuting 30 minutes or more2,630
- Share commuting 30 minutes or more35.9 percent
- Drove alone66.8 percent
- Carpooled11.2 percent plus or minus 4.3
- Public transport1.4 percent plus or minus 0.7
- Walked0.0 percent
- Worked from home18.6 percent plus or minus 6.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Heights
SBA loans in Prospect Heights (7(a))
- Approvals24
- Gross approval$5,535,900
- Average approval$230,663
- Median approval$150,000
- Ninetieth percentile approval$695,000
- Largest approval$914,400
- Jobs supported143
- Jobs per approval6.0
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises0.0 percent
- Distinct lenders9
- Distinct industries by NAICS15
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Prospect Heights
SBA loans in Prospect Heights (504)
- Approvals1
- Gross approval$742,000
- Average approval$742,000
- Median approval$742,000
- Largest approval$742,000
- Jobs supported12
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Prospect Heights
Flood risk in Prospect Heights
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 6
- NFIP community number170919
- Currently effective map date08/19/08
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Cook County, not Prospect Heights
Cook County context, not Prospect Heights figures
These are Cook County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Prospect Heights measurements.
- Establishments in Cook County134,513
- Employment at those establishments, Cook County2,492,328
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Average weekly wage, Cook County$1,672
- Housing units permitted, Cook County6,507
- Of those, single family, Cook County1,142
- County product, 2024, Cook County$546,440,623,000
- County product change over the prior year, Cook County4.6 percent
- Average income of an arriving household, Cook County$91,691
Every figure in this section is published for Cook County as a whole and is not a measurement of Prospect Heights. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Prospect Heights questions, answered from the record.
How many people live in Prospect Heights, Illinois?
15,618, in 6,679 households. Prospect Heights city covers 4.21 square miles of land, which is 3,712 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Prospect Heights in?
Cook County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Prospect Heights?
$85,008. The median owner-occupied home is valued at $346,500. Median gross rent is $1,475 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Prospect Heights businesses?
24 7(a) approvals totalling $5.5 m, across 9 lenders, median approval $150,000, plus 1 504 approvals worth $742,000. These count approvals to borrowers whose address is in Prospect Heights, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Prospect Heights borrowers get paid back?
No rate is published for Prospect Heights. only 4 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Prospect Heights in the National Flood Insurance Program?
Yes. Prospect Heights appears in the FEMA Community Status Book as community 170919, carrying Community Rating System class 6, which is a premium discount for exceeding the programme minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Prospect Heights figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cook County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Prospect Heights.
Is zoning published for Prospect Heights?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.