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Lake Forest, IL

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

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Community Insights

High Incomes
$234k/year
top 1% nationally
Highly Educated
39% bachelor's · 25% graduate
top 1% nationally
Leading Industries
Arts, Food & Hospitality · Healthcare · Transportation
26% arts, food & hospitality
Home Value Growth⬆⬆
+12.7% over 2 years
Retirees
26% of residents
above average nationally
Homeowners
87% of occupied units

People & Demographics

Total Population19,244
Households—
Under 18
21.0%
Age 18–34
21.0%
Age 35–64
32.0%
Age 65+
26.0%
Veterans
3.0%
Active Duty
0.0%

Housing & Living

Median Home Value$943,422
Median Gross Rent$1,934/mo
Owner Occupied
87.3%
Renter Occupied
12.7%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$233,567
Poverty Rate—

Key Industries

Healthcare28.0%
Professional Services2.0%
Manufacturing0.0%
Retail13.0%
Education3.0%

Amenities & Transit

Transit Score86 / 100
Walkability / Amenities78 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
39.0%
Master's or Higher
25.0%
School Enrollment
—

Frequently Asked Questions

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

The total population of Lake Forest is approximately 19,244. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Lake Forest walkable and transit-friendly?›

Based on local geographic data, Lake Forest has an amenity and walkability score of 78/100 and a transit score of 86/100. This indicates it is a highly walkable area with excellent access to local businesses, restaurants, and daily errands.

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

The housing market in Lake Forest is predominantly driven by homeowners, with 87% of housing units being owner-occupied and 13% being renter-occupied.

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

In Lake Forest, approximately 39% of adult residents hold a bachelor's degree or higher. Additionally, 25% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.