Forest Lake, IL
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Forest Lake, IL: Quick Facts & Overview
- Population: 1,865 residents (1,450 people per sq. mi.)
- Average House Price: $372,954
- Average Household Income: $96,250
Forest Lake, IL is located in the state of Illinois. It is home to about 1,865 people, with around 1,450 residents living in every square mile.
If you want to buy a house in Forest Lake, the average price is around $372,954. That makes local housing 88% higher than the Illinois average of $198,645, and 21% higher than the national average of $308,592.
The average household in Forest Lake earns about $96,250 a year. This income is 20% higher than the average family in Illinois ($80,056), and 22% higher than the national average ($78,686).
Population
1,865
Median Household Income
$96,250
Median Home Value
$372,954
Median Age
42.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $47,407 |
| Labor Force Participation | 75.1% |
| Unemployment Rate | 4.7% |
| Average Commute Time | 33.4 mins |
Housing & Community Metrics
| Home Ownership Rate | 95.5% |
| Median Rent | $1,930 |
| Rent Burdened (>30% Income) | 32.0% |
| Total Housing Units | 687 |
Additional Census & Housing Profile
Geographic Overview
| County | Lake |
| County FIPS | 17097 |
| Metro Area (CBSA) | Chicago-Naperville-Elgin, IL-IN |
| Combined Area (CSA) | Chicago-Naperville, IL-IN-WI |
| Population Density | 1,450.1/sq mi |
| Coordinates (lat/lng) | 42.2103, -88.0531 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.79 |
| Dual Income Families | 57.7% |
Marital Status
| Married | 75.9% |
| Never Married | 16.8% |
| Divorced | 4.7% |
| Widowed | 2.7% |
Gender
| Male | 38.6% |
| Female | 61.4% |
Health & Poverty
| Uninsured Rate (Health) | 1.9% |
| Poverty Rate | 4.0% |
Key Population Groups
| Veterans | 1.2% |
| Disabled Population | 16.9% |
| Limited English Proficiency | - |
All ZIP Codes in Forest Lake
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 60047 | 44,240 | $176,081 | $541,709 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Hawthorn Woods, IL | 1.5 miles | 9,143 |
| Kildeer, IL | 1.9 miles | 4,292 |
| Lake Zurich, IL | 2 miles | 19,832 |
| Long Grove, IL | 2.6 miles | 8,305 |
| Deer Park, IL | 3.5 miles | 3,711 |
| North Barrington, IL | 4 miles | 3,143 |
| Indian Creek, IL | 4 miles | 874 |
| Mundelein, IL | 4.6 miles | 31,915 |
| Vernon Hills, IL | 5 miles | 26,876 |
| Tower Lakes, IL | 5.4 miles | 1,106 |
| Buffalo Grove, IL | 5.5 miles | 42,891 |
| Barrington, IL | 5.6 miles | 11,077 |
| Lake Barrington, IL | 5.9 miles | 5,442 |
| Wauconda, IL | 6.2 miles | 14,027 |
| Palatine, IL | 6.4 miles | 66,293 |
| Libertyville, IL | 6.9 miles | 20,525 |
| Lincolnshire, IL | 7 miles | 7,980 |
| Inverness, IL | 7 miles | 7,275 |
| Mettawa, IL | 7.2 miles | 663 |
| Port Barrington, IL | 7.6 miles | 1,477 |
| Fox River Grove, IL | 8.3 miles | 4,523 |
| Round Lake Park, IL | 8.4 miles | 7,919 |
| Riverwoods, IL | 8.5 miles | 4,013 |
| Wheeling, IL | 8.6 miles | 38,433 |
| Arlington Heights, IL | 8.7 miles | 76,005 |
| Island Lake, IL | 8.9 miles | 8,014 |
| Grayslake, IL | 9.1 miles | 20,929 |
| Barrington Hills, IL | 9.1 miles | 3,879 |
| Hainesville, IL | 9.1 miles | 3,524 |
| Green Oaks, IL | 9.3 miles | 4,096 |
| Rolling Meadows, IL | 9.5 miles | 24,027 |
| Bannockburn, IL | 9.5 miles | 1,148 |
| Round Lake, IL | 9.6 miles | 18,628 |
| Prospect Heights, IL | 9.8 miles | 15,618 |
| Volo, IL | 9.9 miles | 6,706 |
| Oakwood Hills, IL | 9.9 miles | 2,416 |
| Cary, IL | 10 miles | 17,923 |
| South Barrington, IL | 10 miles | 5,021 |
| Lake Forest, IL | 10.1 miles | 19,416 |
| Burtons Bridge, IL | 10.2 miles | 134 |
| Knollwood, IL | 10.3 miles | 1,864 |
| Trout Valley, IL | 10.3 miles | 574 |
| Gages Lake, IL | 10.4 miles | 10,819 |
| Deerfield, IL | 10.8 miles | 19,518 |
| Holiday Hills, IL | 10.8 miles | 634 |
| Hoffman Estates, IL | 11.2 miles | 51,175 |
| Third Lake, IL | 11.3 miles | 1,137 |
| Lake Bluff, IL | 11.5 miles | 6,041 |
| Mount Prospect, IL | 11.7 miles | 55,472 |
| Round Lake Beach, IL | 11.8 miles | 264,501 |
| Lakemoor, IL | 11.8 miles | 6,467 |
| Prairie Grove, IL | 12 miles | 2,165 |
| Long Lake, IL | 12.1 miles | 3,307 |
| Highwood, IL | 12.3 miles | 5,301 |
| North Chicago, IL | 12.4 miles | 30,643 |
| Round Lake Heights, IL | 12.4 miles | 2,592 |
| Schaumburg, IL | 12.5 miles | 76,868 |
| Northbrook, IL | 12.5 miles | 34,585 |
| Gurnee, IL | 12.5 miles | 30,510 |
| Highland Park, IL | 12.6 miles | 30,398 |
| Park City, IL | 12.8 miles | 7,827 |
| East Dundee, IL | 12.9 miles | 3,146 |
| Grandwood Park, IL | 13 miles | 5,262 |
| Venetian Village, IL | 13.2 miles | 2,334 |
| Carpentersville, IL | 13.5 miles | 37,346 |
| Algonquin, IL | 13.8 miles | 30,067 |
| Waukegan, IL | 14.4 miles | 89,076 |
| Des Plaines, IL | 14.4 miles | 59,156 |
| Elk Grove Village, IL | 14.4 miles | 31,987 |
| Lindenhurst, IL | 14.4 miles | 14,417 |
| Crystal Lake, IL | 14.5 miles | 40,579 |
| Lake Villa, IL | 14.5 miles | 8,683 |
| Fox Lake Hills, IL | 14.5 miles | 2,399 |
| Streamwood, IL | 14.6 miles | 39,001 |
| Glenview, IL | 14.8 miles | 47,752 |
| Lake in the Hills, IL | 15.1 miles | 28,800 |
| McHenry, IL | 15.1 miles | 28,074 |
| West Dundee, IL | 15.1 miles | 7,906 |
| Johnsburg, IL | 15.5 miles | 6,386 |
| Pistakee Highlands, IL | 15.5 miles | 3,374 |
| Glencoe, IL | 15.7 miles | 8,701 |
| Sleepy Hollow, IL | 15.7 miles | 3,161 |
| Old Mill Creek, IL | 15.8 miles | 143 |
| Roselle, IL | 15.9 miles | 22,752 |
| Northfield, IL | 15.9 miles | 5,487 |
| Fox Lake, IL | 16.2 miles | 11,131 |
| Itasca, IL | 16.2 miles | 9,355 |
| Ridgefield, IL | 16.3 miles | 221 |
| Hanover Park, IL | 16.5 miles | 36,732 |
| McCullom Lake, IL | 16.5 miles | 1,017 |
| Wood Dale, IL | 17.2 miles | 13,933 |
| Golf, IL | 17.3 miles | 518 |
| Park Ridge, IL | 17.4 miles | 38,667 |
| Lakewood, IL | 17.4 miles | 4,707 |
| Winnetka, IL | 17.5 miles | 12,484 |
| Wadsworth, IL | 17.6 miles | 3,686 |
| Bartlett, IL | 17.7 miles | 40,501 |
| Niles, IL | 17.7 miles | 30,064 |
| Gilberts, IL | 17.7 miles | 8,606 |
| Bull Valley, IL | 17.7 miles | 1,269 |