The City of Lake Forest had a population of 19,320 as of July 1, 2019.
The primary coordinate point for Lake Forest is located at latitude 42.2586 and longitude -87.8406 in Lake County. The formal boundaries for the City of Lake Forest encompass a land area of 17.19 sq. miles and a water area of 0.07 sq. miles. Lake County is in the Central time zone (GMT -6). The elevation is 686 feet.
The City of Lake Forest (GNIS ID: 2395590) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
HOUSING AFFORDABILITY INDEX
|Lake Forest, IL Housing Affordability Index is 101 |
State of Illinois Housing Affordability Index is 119
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Lake Forest, IL Wealth Index is 398 |
State of Illinois Wealth Index is 105
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.
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|Population in Households||18,205|
|Population in Families||16,236|
|Population in Group Qrtrs||1,115|
|Median Household Income||$185,594|
|Average Household Income||$250,655|
|Per Capita Income||$90,750|
|Total Housing Units||7,645 (100%)|
|Owner Occupied HU||5,800 (75.9%)|
|Renter Occupied HU||1,133 (14.8%)|
|Vacant Housing Units||712 ( 9.3%)|
|Median Home Value||$903,571|
|Housing Affordability Index2||101|
|Average Household Size||2.63|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.34%|
|Per Capita Income||1.0%|
The table below compares Lake Forest to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 126||91st|
|Population Density||# 670||51st|
|Diversity Index||# 421||69th|
|Median Household Income||# 8||99th|
|Per Capita Income||# 4||100th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.