Forest Lake employment information

IndexForest LakeIllinoisNational
Income per capita$38,280$31,502$29,829
Median household income$85,769$59,196$55,322
Median income owner occupied$104,091$75,354$70,586
Median income renter occupied$50,395$34,488$35,192
Median earnings male$47,059$40,474$36,919
Median earnings female$36,118$27,197$26,250
Unemployment rate13.4%5.3%4.7%
Poverty level6.4%14.0%15.1%
The Forest Lake, IL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Forest Lake is $38,280, which is 22% higher than than the Illinois average and 28% higher than than the national average. The median household income is $85,769, which is 45% higher than than the Illinois average and 55% higher than than the national average. The unemployment rate in Forest Lake is 13%, which is 188% higher than than the national average. The poverty rate in Forest Lake is 6% which is 57% lower than than the national average.

am i middle class

$Input your household income
$57,173$85,769$171,538
City
$39,460$59,196$118,392
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Forest Lake is 28% higher than the national average.
  • The median household income in Forest Lake is 55% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Forest Lake is 188% higher than the national average.
  • The poverty level in Forest Lake is 57% lower than the national average.

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Compare Forest Lake, IL Employment To Other Cities

Employment status

Hours worked per week

Forest Lake median earnings by income bracket

Forest Lake employment by industry

Labour TypeMaleFemale
Construction industry4.1%3.5%
Manufacturing sector15.7%0.0%
Financial & insurance services9.3%6.7%
Wholesale & retail services12.3%13.5%
Public administration0.0%0.0%
Transportation, warehousing & utilities8.8%0.0%
Education, health & social services6.7%35.0%
Other43.1%36.7%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Riverwoods, IL3,759$187,857240%
Glencoe, IL8,870$185,320235%
Long Grove, IL8,065$184,208233%
South Barrington, IL4,766$184,141233%
Inverness, IL7,844$172,949213%
Forest Lake, IL1,743$85,76955%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Glen Lyon, PA1,743$32,81341%
Sparta, GA1,743$22,31060%
Williamsport, IN1,743$42,66723%
Clearwater, MN1,743$67,54622%
Crescent City, FL1,742$24,89155%
Forest Lake, IL1,743$85,76955%
Source: The Forest Lake, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).