Lake Forest, IL has a population of 18,881, including 90% white, 6% asian, and 3% latino.
|Median Income (Household)||$162,117|
|Number Of Employees||7,880|
|Median Property Value||$831,800|
The median household income in Lake Forest, IL is around $162,117, while the median age is 47. This city is a home to major universities: Baccalaureate Colleges: Arts & Sciences Focus, Baccalaureate Colleges, and Lake Forest College. 7,880 employees work in Lake Forest, IL. The homeownership rate among the residents is 86.32%. The median property value that you should keep in mind is $831,800.
Numbers claim that the employment rate in Lake Forest, IL changed by 3%, so let’s see what are the most common job groups in this area. People of Lake Forest, IL prefer to work in Management, Sales and Business & Financial Operations.
|Law Enforcement Supervisors||0%|
|Farming, Fishing, & Forestry||0%|
|Cleaning & Maintenance||0%|
|Fire Fighting Supervisors||0%|
|Installation, Maintenance, & Repair||0%|
|Life, Physical, & Social Science||1%|
|Community & Social Service||1%|
|Architecture & Engineering||1%|
|Construction & Extraction||1%|
|Food & Serving||1%|
|Arts & Recreation||3%|
|Personal Care & Service||3%|
|Computer & Mathematical||4%|
|Education, Training, & Library||6%|
|Business & Financial Operations||10%|
Keeping in mind that the employment rate changed by 3% recently, there must be a strong understanding of industries people of Lake Forest, IL work in. The most common industries are Professional, Scientific, Tech Services, Finance & Insurance and Healthcare & Social Assistance. Please note that not all the residents of Lake Forest, IL work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
|Management of Companies & Enterprises||0%|
|Agriculture, Forestry, Fishing, Hunting||1%|
|Admin., Support, Waste Management Services||1%|
|Transportation & Warehousing||1%|
|Accommodation & Food Service||2%|
|Arts, Entertainment, Recreation||3%|
|Other services, except public administration||4%|
|Real Estate, Rental & Leasing||5%|
|Healthcare & Social Assistance||11%|
|Finance & Insurance||13%|
|Professional, Scientific, Tech Services||19%|
According to latest census, Lake Forest, IL is a home for 90% white residents. The second common group is asian with 6% residents. The list of the most common racial or ethnic groups is closed by latino with 3% residents.
Past year Lake Forest, IL universities awarded around 2,490 degrees. Statistics show that the population of students in Lake Forest, IL include 380 male students and 450 female students. Lake Forest, IL offers private and public tuition with a median cost of $43,392 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Lake Forest College with the majority of graduates. The Lake Forest Graduate School of Management and n/a hold the second and the third place respectively. The share of the public colleges in Lake Forest, IL is n/a% and 100% go to the private colleges.
The age groups that most likely have the health care coverage in Lake Forest, IL are 6-17 years old for men and 6-17 years old for women. Lake Forest, IL offers a 109 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 107 to 1, speaking of mental health doctors ratio, it’s 227 to 1 resident.
|Primary Care||1 to 109|
|Dentists||1 to 107|
|Mental Health||1 to 227|
|Other||1 to 51|
The workers of Lake Forest, IL traveled to their offices around 27.04 minutes lately and drove alone to get there. The rest of the residents worked at home and used public transit.
|Rent Price||May||vs Last Month|
|1 bed apartments||$2,171||N/A|
|2 bed apartments||$3,174||+11.1%|
|3 bed apartments||$3,550||+2.8%|
|4+ bed apartments||$5,738||-6.5%|
|Rent Type Price||May||vs Last Month|
Over the May 2020, the average rent for an apartment in/near Lake Forest, IL decreased by 0.2% to $4,597. Breaking it down in details, we now see that the average price for 1-bed apartment stands at $2,171 with no changes this month. Pricing for 2-bed apartment also increased by 11.1% and a place of this size will now cost you $3,174. 3-bed apartment rent pricing starts at $3,550, it increased by 2.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 6.5% and made it down to $5,738.
The median rent for an apartment in Lake Forest, IL increased by 22.5% to $3,587. Statistics show that house rent price decreased by 7.4% this month making it up to $4,933.