Illinois · Census place 41105
Lake Forest city, IL
Quick answer
Lake Forest city has 19,190 residents, ranking #128 of 1462 places in Illinois. Median household income is $228,120, the median home is worth $909,800 and median gross rent runs $2,120 a month.
- Population
- 19,190Lake Forest city residents
- Median household income
- $228,120Past 12 months, inflation adjusted
- Median home value
- $909,800Owner-occupied units
- Median gross rent
- $2,120Rent plus utilities, monthly
- Median age
- 46.1 yrsAll residents
- Homeownership rate
- 89.3%Owner-occupied households
What the numbers mean in Lake Forest city
Housing cost measured against local earnings.
A household earning the Lake Forest city median would spend about 11.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4% of residents and 89.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Evergreen Park village 19,498
- Homewood village 19,471
- Brookfield village 19,235
- Deerfield village 19,185
- Ottawa city 18,714
- Matteson village 18,681
- Alsip village 18,650
Keep going
More Illinois coverage.