Businesses for Sale | Mount Prospect, Illinois
Discover business opportunities, in or around Mount Prospect, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Mount Prospect, located in The Prairie State had a total population of 54,617 people.
City Statistics and Other Information About Mount Prospect
Demographics
From a total population of 54,617, Mount Prospect has a median age of 41. The average age of males, in Mount Prospect, is 40 while the average age of females is 42. When you compare the median age of men and women in Mount Prospect, there is an average difference of 2.38 years.
Income
The median income of individuals, in Mount Prospect, is $55,542 while the average household income is $100,542. In 2029, the average income per capita for Mount Prospect is expected to be $55,542.
Additional Information
60056Cook County
Is Mount Prospect the Best Location for Franchise Opportunities and Growth?
What is the average income in Mount Prospect?
The median household income in Mount Prospect is $100,542, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Mount Prospect an affordable place to start a franchise?
With a median income of $100,542, Mount Prospect presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Mount Prospect's income compare to other locations?
The median income of $100,542 in Mount Prospect is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Mount Prospect have a stable workforce to support my business?
Absolutely! With 15,605 employed individuals, Mount Prospect offers a solid labor force to support franchise growth.
Is Mount Prospect a growing economy?
With a workforce of 15,605 and a median household income of $100,542, Mount Prospect provides a stable economic environment for new business opportunities.
Does homeownership in Mount Prospect indicate a stable market?
Homeownership rates at 14,639 show a strong local investment in the community, which benefits long-term franchise success.
