01 - Taxes
Retirement Tax Treatment
Illinois does not tax Social Security benefits, which preserves a key income source for retirees despite the state having an income tax.
Source · Tax Foundation
8
Fact text
- Actor Bruce Boxleitner, star of the cult sci-fi classic *Tron*, went to high school right here at Prospect High School.
- Ian Brennan, co-creator of the gloriously dramatic TV show *Glee*, is a Prospect High School alumnus, so blame Mount Prospect for all those musical numbers.
- Lee DeWyze, winner of *American Idol* Season 9, also attended Prospect High School, that's one remarkably talented school.
- The former United Airlines headquarters was actually annexed into Mount Prospect in the 2010s, meaning a major airline HQ quietly became part of a Chicago suburb.
Your
Mount Prospect
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
54165
+
Total Population
$
84353
Median Income
$
332100
Median Home
18
%
Age 65+
Retirement Suitability
How
Mount Prospect
ranks for retirees?
22
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
45
Healthcare
16
Climate
25
Results
Mount Prospect
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
7
% on 5-year terms, with most landing between
5
% and
5
%.
Source · Cannex
45
03 - Healthcare
Hospital Access & Quality
The area has
43
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
81
°F, winters dip to about
19
°F, with roughly
″ of snow a year.
Source · NOAA Climate Normals
Cold / Snowy
05 - Risk
Natural Disaster Risk
FEMA's overall natural-disaster risk rating for this county on the National Risk Index.
Source · FEMA National Risk Index
Very High
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