At a Glance
Median Income
$228,120
$110,436 per capita
Home Value
$909,800
Zillow: $1,150,871
Median Rent
$2,120/mo
30.2% of income on rent
Violent Crime
41/100K
629/100K property
Bachelor's Degree+
80.8%
99.1% high school+
Unemployment
1.2%
2.4% poverty rate
Obesity Rate
28.6%
7.0% smoking rate
Avg Temperature
50°F
260 sunny days/yr
How Lake Forest Compares to the U.S. Average
Each bar shows Lake Forest's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Lake Forest a Good Place to Live?
B+
3.9 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lake Forest residents earn a median household income of $228,120 , which is 204% above the national average of $75,149.
Per capita income is $110,436. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 2.4% of residents live below the poverty line. The area is home to 19,967 business establishments, including 1,607 restaurants.
Housing & Cost of Living
The median home value in Lake Forest is $909,800 , 223% above the national median of $281,900.
Zillow estimates the typical home at $1,150,871. Median rent is $2,120/month, with 30.2% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1976.
Safety & Crime
Lake Forest reports 41 violent crimes per 100,000 residents
, which is 89% below the national average of 380/100K.
Property crime is 629/100K. The murder rate is 0.0/100K.
Education
80.8% of adults in Lake Forest hold a bachelor's degree or higher
(140% above the national average).
99.1% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Lake Forest has an average annual temperature of 50°F (10°C).
Winters average 24°F in January while summers reach 73°F in July. The area gets 260 sunny days per year. Annual precipitation totals 39.5 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population19,190
Median Age46.1 yrs
Density1,116/mi²
Male / Female48% / 52%
Foreign Born13.6%
Veterans3.3%
Economy
A+
Median Income$228,120
Per Capita$110,436
Unemployment1.2%
Poverty2.4%
County GDP$82,869M
Avg Weekly Wage$1,751
Housing
A
Home Value$909,800
Rent$2,120
Ownership89.3%
Zillow$1,150,871
Housing Units7,413
Rent Burden30.2%
Crime
F
Violent41/100K
Property629/100K
Murder0.0/100K
Assault26/100K
Burglary87/100K
Health
Obesity28.6%
Diabetes7.0%
Smoking7.0%
Heart Disease3.7%
Premature Death5,610/100K
Climate
Avg Temp50°F
Sunny Days260/yr
Rain39.5 in/yr
AQI43 (Good)
Elevation682 ft
Education
A+
Bachelor's+80.8%
High School+99.1%
Graduate+43.0%
School Score6.1/10
Community
2024 VoteR 39% / D 60%
Commute34 min
Broadband95.7%
Internet Speed127 Mbps
EV Stations5
Libraries25
Did You Know?
The median home in Lake Forest was built in 1976.
13.1% of residents use public transit to commute.
27.8% work from home.
The nearest airport is Chicago O'Hare International (18 miles).
The Gini coefficient (income inequality) is 0.479 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
10.9% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 127 Mbps.
There are 1,607 restaurants in the area.
The county recorded 55 fatal vehicle crashes.
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