Mount Prospect offers an active business community, good schools, an excellent library and park districts. There are many small specialty shops and restaurants in the downtown area.

According to the 2010 census, Mount Prospect has a population of 54,167. At the corner of Central Road and Main Street in downtown Mount Prospect, the elevation is 660.5 ft. above sea level. The Village is located at 42 degrees, 31 minutes north latitude and 87 degree, 56 minutes west longitude.

The Village Tree is the Euonymous alatus (aka Burning Bush) and the Village flower is the Snap Dragon.