Forest View, IL Profile: Facts & Data

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Forest View, Illinois - Basic Facts

The Village of Forest View had a population of 772 as of July 1, 2024. Forest View ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Forest View is located at latitude 41.8086 and longitude -87.7934 in Cook County. The formal boundaries for the Village of Forest View encompass a land area of 1.07 sq. miles and a water area of 0.13 sq. miles. Cook County is in the Central time zone (GMT -6).

The Village of Forest View 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.

The Village of Forest View is located within Township of Stickney, a minor civil division (MCD) of Cook County.


Jump to... (On This Page!)
  1. Forest View 2024 Demographic Data
  2. Growth Rates for Forest View (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2024 Demographics
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Forest View, IL Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 772 (100%)
Population in Households 747 (96.8%)
Population in Families 662 (85.8%)
Population in Group Quarters1 25 ( 3.2%)
Population Density 661
Diversity Index2 82
 
 

INCOME

Median Household Income $106,559
Average Household Income $123,863
% of Income for Mortgage4 15%
Per Capita Income $44,490
Wealth Index5 110
Socioeconomic Status Index6 Moderate (54.6)
 

HOUSING

Total HU (Housing Units) 292 (100%)
Owner Occupied HU 250 (85.6%)
Renter Occupied HU 27 ( 9.2%)
Vacant Housing Units 15 ( 5.1%)
Median Home Value $246,795
Average Home Value $272,700
Housing Affordability Index3 151
 

HOUSEHOLDS

Total Households 277
Average Household Size 2.70
Family Households 199
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. 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.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. 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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population -0.60% -0.68%
Households 0.09% -0.14%
Families   0.10%
Median Household Income   2.10%
Per Capita Income   3.56%
Owner Occupied HU   0.16%

Forest View, IL - Peer Comparisons by Rank and Percentile

The table below compares Forest View to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 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.

Variable Description Rank Percentile
Total Population # 759 48th
Population Density # 949 35th
Median Household Income # 175 88th
Housing Affordability Index # 907 62nd
Per Capita Income # 438 70th
Diversity Index # 42 97th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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