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
Income Overview
Median Household Income
$92,956
24% above
US avg: $75,149
Per Capita Income
$41,348
6% above
US avg: $39,052
Unemployment Rate
4.3%
19% above
US avg: 3.6%
Poverty Rate
2.7%
78% below
US avg: 12.4%
Income Comparison: Forest Lake vs. U.S. Average
Each bar shows Forest Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$92,956
124%
Per Capita
US: $39,052
$41,348
106%
IRS Avg AGI
US: $72,000
$93,804
130%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
30 min
9% above US avg (28 min)
Work From Home
4.8%
68% below US avg (15.2%)
Drive Alone
90.4%
23% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
90.4%
Public Transit
0%
Work From Home
4.8%
Other
4.8%
Average commute time
30 minutes
US avg: 28 min
Business Landscape
Total Establishments
7,928
Restaurants
645
Healthcare
846
Retail
816
Manufacturing
432
Tax & Financial
IRS Avg Adjusted Gross Income
$93,804
30% above US avg ($72,000)
Avg Property Tax
$8,712
149% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $92,956 |
| Per Capita Income | $41,348 |
| IRS Avg Adjusted Gross Income | $93,804 |
| Avg Weekly Wage | $1,060 |
| County GDP | $15,983M |
Hardship Indicators
| Unemployment Rate | 4.3% |
| Poverty Rate | 2.7% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 90.4% |
| Public Transit | 0.0% |
| Work From Home | 4.8% |
Businesses
| Total Establishments | 7,928 |
| Restaurants | 645 |
| Healthcare | 846 |
| Retail | 816 |
| Manufacturing | 432 |
Tax
| IRS Avg AGI | $93,804 |
| Avg Property Tax | $8,712 |
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