Forest Lake

Population: 1,797
Median household income: $92,956
Median home value: $318,300

Located in Lake County, Illinois, Forest Lake is a community with a population of 1,797. At $92,956, its median household income sits below Lake County's $108,917.

From 2019 to 2023, Forest Lake's population grew 35.4% from 1,327 to 1,797, while its median home value was little changed from $321,200 to $318,300.

100.0% of homes are single-family detached houses. The typical home was built around 1994.

Demographics

ACS 2019–2023

Population: 1,797
Median age: 40.8 yrs
Median household income: $92,956
Median home value: $318,300
Median gross rent: —
Housing units: 737
Homeownership rate: 94.5%
Bachelor's degree or higher: 52.4%
Unemployment rate: 5.3%

Trends

ACS 5-year · 2019–2023

Population

1,3271,797

Median household income

$125,096$92,956

Median home value

$321,200$318,300

Year	Population	Median household income	Median home value
2019	1,327	$125,096	$321,200
2020	1,292	$87,232	$303,800
2021	1,476	$134,821	$316,200
2022	1,344	$112,031	$312,500
2023	1,797	$92,956	$318,300

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 50.0%

5 to 1725.8%

18 to 2410.7%

25 to 342.4%

35 to 4423.7%

45 to 546.3%

55 to 6426.7%

65 to 741.4%

75 and over2.8%

	Count	Share
Under 5	0	0.0%
5 to 17	464	25.8%
18 to 24	193	10.7%
25 to 34	44	2.4%
35 to 44	426	23.7%
45 to 54	114	6.3%
55 to 64	480	26.7%
65 to 74	26	1.4%
75 and over	50	2.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,274	70.9%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	98	5.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	425	23.7%

Educational attainment (age 25+)

No high school diploma25.7%

High school graduate16.2%

Some college or associate's5.7%

Bachelor's degree37.5%

Graduate or professional degree14.8%

	Count	Share
No high school diploma	293	25.7%
High school graduate	185	16.2%
Some college or associate's	65	5.7%
Bachelor's degree	428	37.5%
Graduate or professional degree	169	14.8%

Commute to work

Mean travel time to work: 30 min

Drove alone90.4%

Carpooled0.0%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home4.8%

Other means4.8%

How workers get to work

	Count	Share
Drove alone	939	90.4%
Carpooled	0	0.0%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	50	4.8%
Other means	50	4.8%

Travel time

	Count	Share
Under 15 min	122	12.3%
15 to 29 min	255	25.8%
30 to 44 min	327	33.1%
45 to 59 min	285	28.8%
60+ min	0	0.0%

Households

Average household size: 2.73
Poverty rate: 5.3% (96 of 1,797)

	Count	Share
Family households	632	95.9%
Nonfamily households	27	4.1%

Housing

Median year structure built: 1994

Occupancy

	Count	Share
Occupied	659	89.4%
Vacant	78	10.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	623	94.5%
Renter-occupied	36	5.5%

1-unit, detached100.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	737	100.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1726896
Type (LSAD): 57
Land area: 0.35 sq mi
Water area: 0.06 sq mi
Center point: 42.2118, -88.0525