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Park Forest, IL
Full City Profile · Illinois · Will County County
3.1
/5.0
B
Good
20,898
Population
4,213/sq mi density
$62,305
Median Income
$29,400 per capita
$106,200
Home Value
$148,861 Zillow
$1,341
Median Rent
28.2% income on rent
50°F
Avg Temperature
275 sunny days/yr
398
Violent Crime/100K
1,512 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$62,305 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$106,200 home value, $1,341/mo rent
F
Safety
1.0 / 5.0
398 violent crimes/100K (5% above avg)
B
Education
3.1 / 5.0
25.8% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
-5.4%
22,114 → 20,912
over 10 years
Annual Pop. Growth
-0.56%
Compound annual growth rate
Median Income Change
+29%
$48,293 → $62,305
nominal, not inflation-adjusted
Annual Income Growth
+2.58%
Compound annual growth rate
Population Over Time
Total population for Park Forest across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
20,106
-806 from 2023 (20,912)
Projected Median Income 2030
$74,467
+$12,162 from 2023 ($62,305)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 22,114 | — | $48,293 | — |
| 2015 | 21,943 | -0.8% | $44,040 | -8.8% |
| 2017 | 21,587 | -1.6% | $50,343 | +14.3% |
| 2019 | 21,177 | -1.9% | $53,938 | +7.1% |
| 2021 | 21,261 | +0.4% | $58,657 | +8.7% |
| 2023 | 20,912 | -1.6% | $62,305 | +6.2% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.