Median Household Income
$235,081 ± $24,243
Median Home Value
$938,300 ± $36,426
Median Gross Rent
$1,815 ± $180/mo
Per Capita Income
$109,918
Poverty Rate
3.5%
Unemployment Rate
1.8%
Homeownership Rate
88.8%
Bachelor's Degree or Higher
80.5%
Median Age
46.1
Average Commute
22 min
Households
6,900
Veterans
426
Population Over Time
Lake Forest grew 2.7% from 2014 to 2024.
2014
18,914
2016
18,881
2018
19,219
2020
19,497
2022
19,436
2024
19,416
Population by Race & Ethnicity
White
82.2%
Hispanic or Latino
6.1%
Black or African American
1.0%
Asian
6.5%
Nearby Cities in Illinois
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.