Lake Forest vs Springfield
| Lake Forest | Springfield | |
|---|---|---|
| Population | 19,436 | 114,214 |
| Median Household Income | $235,081 | $66,064 |
| Median Home Value | $938,300 | $162,100 |
| Median Gross Rent | $1,815/mo | $975/mo |
| Homeownership Rate | 88.8% | 64.3% |
| Unemployment Rate | 1.8% | 6.8% |
| Bachelor's Degree or Higher | 80.5% | 36.3% |
| Median Age | 46.1 | 41.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.