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Forest Lake, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for Forest Lake.

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Community Insights

High Incomes
$198k/year
top 1% nationally
Leading Industry
Education
2% of local workforce
Home Value Growth⬆⬆⬆
+22.2% over 2 years
Young Adults
37% of residents
top 4% nationally
Homeowners
96% of occupied units

People & Demographics

Total Population1,776
Households—
Under 18
18.0%
Age 18–34
37.0%
Age 35–64
28.0%
Age 65+
17.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$585,300
Median Gross Rent—/mo
Owner Occupied
96.3%
Renter Occupied
3.7%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$198,291
Poverty Rate—

Key Industries

Healthcare7.0%
Professional Services1.0%
Manufacturing0.0%
Retail13.0%
Education2.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities51 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
18.0%
Master's or Higher
8.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Forest Lake?›

The total population of Forest Lake is approximately 1,776. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Forest Lake walkable and transit-friendly?›

Based on local geographic data, Forest Lake has an amenity and walkability score of 51/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Forest Lake?›

The housing market in Forest Lake is predominantly driven by homeowners, with 96% of housing units being owner-occupied and 4% being renter-occupied.

What is the education level of residents in Forest Lake?›

In Forest Lake, approximately 18% of adult residents hold a bachelor's degree or higher. Additionally, 8% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.