Lake Forest, IL Employment - Median Household Income, Unemployment Rate

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229%

Income/capita NAT. AVG.

242%

Household income NAT. AVG.

62%

Unemployment NAT. AVG.

Index	Lake Forest	Illinois	National
Income per capita	$98,058	$31,502	$29,829
Median household income	$189,118	$59,196	$55,322
Median income owner occupied	$208,013	$75,354	$70,586
Median income renter occupied	$73,478	$34,488	$35,192
Median earnings male	$125,929	$40,474	$36,919
Median earnings female	$36,380	$27,197	$26,250
Unemployment rate	1.8%	5.3%	4.7%
Poverty level	2.9%	14.0%	15.1%

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Key findings

The income per capita in Lake Forest is 229% higher than the national average
The median household income in Lake Forest is 242% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lake Forest is 62% lower than the national average
The poverty level in Lake Forest is 81% lower than the national average

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am i middle class

$126,066 $189,118 $378,236

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.

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Lake Forest median earnings by income bracket

Lake Forest employment by industry

Labour Type	Male	Female
Construction industry	3.1%	3.1%
Manufacturing sector	14.1%	14.1%
Financial & insurance services	10.2%	10.2%
Wholesale & retail services	12.0%	12.0%
Public administration	0.6%	0.6%
Transportation, warehousing & utilities	2.0%	2.0%
Education, health & social services	11.9%	11.9%
Other	43.7%	43.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Winnetka, IL	12,361	$250,001	351.9%
Kenilworth, IL	2,356	$241,591	336.7%
Riverwoods, IL	3,536	$231,477	318.4%
Kildeer, IL	4,007	$212,500	284.1%
Long Grove, IL	7,907	$207,188	274.5%
Lake Forest, IL	19,497	$189,118	241.8%

Cities with similar population

City	Population	Household Income	National Avg.
Cumberland, MD	19,495	$40,888	26.1%
Salmon Arm, BC	19,494	n/a
Salmon Creek, WA	19,506	$80,846	46.1%
Montgomery, IL	19,515	$99,208	79.3%
Franconia, VA	19,478	$120,946	118.6%
Lake Forest, IL	19,497	$189,118	241.8%

Source: The Lake Forest, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).