Income/capita 28%
Household income 55%
Unemployment 188%
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%

Key findings

  • 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

Best Places for Employment in and Around Forest Lake

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Compare Forest Lake, IL Employment

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      am i middle class

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      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.

      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%

      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.
      Williamsport, IN1,743$42,66723%
      Sparta, GA1,743$22,31060%
      Glen Lyon, PA1,743$32,81341%
      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).