Lake Forest vs Libertyville

A side-by-side comparison of Lake Forest and Libertyville: population, income, housing, and more.

Lake Forest and Libertyville are places in Illinois. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Libertyville has the higher population (20,493 vs 19,190 in Lake Forest). Lake Forest has the higher median household income ($228,120 vs $162,270 in Libertyville). Lake Forest has the higher median home value ($909,800 vs $499,300 in Libertyville).

Population, income & housing

	Lake Forest	Libertyville
Population	19,190	20,493
Median age	46.1 yrs	41.9 yrs
Median household income	$228,120	$162,270
Median home value	$909,800	$499,300
Median gross rent	$2,120	$1,537
Housing units	7,303	7,774
Homeownership rate	89.3%	80.0%
Bachelor's degree or higher	80.8%	71.5%
Unemployment rate	2.1%	2.9%

Trends (ACS 5-year, 2019–2023)

	Lake Forest	Libertyville
Population	19,173 → 19,190 (+0.1%)	20,382 → 20,493 (+0.5%)
Median household income	$172,165 → $228,120 (+32.5%)	$134,110 → $162,270 (+21.0%)
Median home value	$842,900 → $909,800 (+7.9%)	$447,900 → $499,300 (+11.5%)
Median gross rent	$1,831 → $2,120 (+15.8%)	$1,313 → $1,537 (+17.1%)

Lake Forest

Population

19,17319,190

Median household income

$172,165$228,120

Median home value

$842,900$909,800

Median gross rent

$1,831$2,120

Libertyville

Population

20,38220,493

Median household income

$134,110$162,270

Median home value

$447,900$499,300

Median gross rent

$1,313$1,537

Age & race/ethnicity

Age distribution (share)

	Lake Forest	Libertyville
Under 5	4.4%	5.4%
5 to 17	15.2%	20.6%
18 to 24	12.8%	5.6%
25 to 34	8.5%	9.5%
35 to 44	7.9%	12.4%
45 to 54	11.9%	15.3%
55 to 64	13.4%	13.7%
65 to 74	12.4%	9.8%
75 and over	13.4%	7.8%

Race & ethnicity (share)

	Lake Forest	Libertyville
White (non-Hispanic)	82.4%	80.9%
Black or African American	0.9%	1.2%
American Indian & Alaska Native	0.2%	0.2%
Asian	6.1%	5.9%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.9%	0.1%
Two or more races	4.8%	3.7%
Hispanic or Latino	4.7%	8.1%

Educational attainment (age 25+)

Share of adults 25+

	Lake Forest	Libertyville
No high school diploma	0.9%	2.2%
High school graduate	4.7%	8.6%
Some college or associate's	13.6%	17.7%
Bachelor's degree	37.6%	41.5%
Graduate or professional degree	43.2%	30.0%

Commute to work

How workers get to work (share)

	Lake Forest	Libertyville
Drove alone	48.0%	64.0%
Carpooled	2.2%	4.5%
Public transit	13.1%	3.1%
Walked	5.0%	1.5%
Bicycle	0.6%	0.1%
Worked from home	27.8%	25.9%
Other means	3.2%	0.9%

Housing

Units in structure (share)

	Lake Forest	Libertyville
1-unit, detached	76.4%	67.2%
1-unit, attached	7.5%	9.5%
2 to 4 units	2.4%	6.3%
5 to 19 units	1.8%	7.2%
20 or more units	11.9%	9.6%
Mobile home & other	0.0%	0.1%

Poverty & households

	Lake Forest	Libertyville
Poverty rate	4.0%	3.6%
Average household size	2.62	2.64
Mean commute (minutes)	34	26
Median year structure built	1977	1976