Income/capita 217%
Household income 193%
Unemployment 46%
IndexLake ForestIllinoisNational
Income per capita$94,514$31,502$29,829
Median household income$162,117$59,196$55,322
Median income owner occupied$186,714$75,354$70,586
Median income renter occupied$92,813$34,488$35,192
Median earnings male$106,875$40,474$36,919
Median earnings female$35,511$27,197$26,250
Unemployment rate2.5%5.3%4.7%
Poverty level3.9%14.0%15.1%

Key findings

  • The income per capita in Lake Forest is 217% higher than the national average
  • The median household income in Lake Forest is 193% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Lake Forest is 46% lower than the national average
  • The poverty level in Lake Forest is 74% lower than the national average

Best Places for Employment in and Around Lake Forest

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Compare Lake Forest, 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.

      Lake Forest median earnings by income bracket

      Lake Forest employment by industry

      Labour TypeMaleFemale
      Construction industry3.4%1.1%
      Manufacturing sector12.0%0.2%
      Financial & insurance services15.6%6.0%
      Wholesale & retail services12.9%16.8%
      Public administration0.9%1.3%
      Transportation, warehousing & utilities1.9%1.6%
      Education, health & social services13.8%30.0%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Kenilworth, IL2,613$211,023281%
      Winnetka, IL12,437$207,857276%
      Riverwoods, IL3,759$187,857240%
      Glencoe, IL8,870$185,320235%
      Long Grove, IL8,065$184,208233%
      Lake Forest, IL18,881$162,117193%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Sylvania, OH18,882$72,93632%
      Oroville, CA18,884$35,45736%
      Mayfield Heights, OH18,878$45,87517%
      Niles, OH18,877$39,31129%
      Brook Park, OH18,875$48,81312%
      Lake Forest, IL18,881$162,117193%
      Source: The Lake Forest, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).