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Forest Lake, IL

Full City Profile · Illinois · McHenry County County

4.2 /5.0
A Great
1,797 Population 5,134/sq mi density
$92,956 Median Income $41,348 per capita
$318,300 Home Value $444,921 Zillow
48°F Avg Temperature 260 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.5 / 5.0
$92,956 median income, 4.3% unemployment
A+
Affordability
4.8 / 5.0
$318,300 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
52.4% bachelor's degree or higher

Forest Lake, IL

At a Glance

Median Income
$92,956
24% above
$41,348 per capita
Home Value
$318,300
13% above
Zillow: $444,921
Violent Crime
0/100K
100% below
280/100K property
Bachelor's Degree+
52.4%
55% above
74.3% high school+
Unemployment
4.3%
19% above
2.7% poverty rate
Obesity Rate
29.2%
9% below
8.0% smoking rate
Avg Temperature
48°F
260 sunny days/yr

How Forest Lake Compares to the U.S. Average

Each bar shows Forest Lake's value as a percentage of the national average (100% = U.S. avg)

Income
124%
Home Value
113%
Poverty
22%
Bachelor's
155%
Unemployment
119%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Forest Lake a Good Place to Live?

A
4.2 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Forest Lake residents earn a median household income of $92,956 , which is 24% above the national average of $75,149. Per capita income is $41,348. The unemployment rate stands at 4.3% (19% above the U.S. rate of 3.6%). 2.7% of residents live below the poverty line. The area is home to 7,928 business establishments, including 645 restaurants.

Housing & Cost of Living

The median home value in Forest Lake is $318,300 , 13% above the national median of $281,900. Zillow estimates the typical home at $444,921. The cost of living index is 100.0 (100 = national average). The median home was built in 1993.

Safety & Crime

Forest Lake reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 280/100K.

Education

52.4% of adults in Forest Lake hold a bachelor's degree or higher (55% above the national average). 74.3% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Forest Lake has an average annual temperature of 48°F (9°C). Winters average 21°F in January while summers reach 72°F in July. The area gets 260 sunny days per year. Annual precipitation totals 38.5 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population1,797
Median Age40.8 yrs
Density5,134/mi²
Male / Female36% / 65%
Foreign Born13.6%
Veterans0.9%

Economy

A+
Median Income$92,956
Per Capita$41,348
Unemployment4.3%
Poverty2.7%
County GDP$15,983M
Avg Weekly Wage$1,060

Housing

A+
Home Value$318,300
Rent
Ownership94.5%
Zillow$444,921
Housing Units631
Rent Burden30.3%

Crime

C+
Violent0/100K
Property280/100K

Health

Obesity29.2%
Diabetes7.3%
Smoking8.0%
Heart Disease4.0%
Premature Death5,730/100K

Climate

Avg Temp48°F
Sunny Days260/yr
Rain38.5 in/yr
AQI43 (Good)
Elevation816 ft

Education

A+
Bachelor's+52.4%
High School+74.3%
Graduate+11.7%
School Score6.2/10

Community

2024 VoteR 52% / D 47%
Commute30 min
Broadband97.1%
Internet Speed124 Mbps
EV Stations2
Libraries13

Did You Know?

Forest Lake was founded in 1935.
The median home in Forest Lake was built in 1993.
The nearest airport is Chicago O'Hare International (18 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
25.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 124 Mbps.
There are 645 restaurants in the area.
The county recorded 18 fatal vehicle crashes.