Lake Forest is a city located in Lake County, Illinois. Lake Forest has a 2025 population of 19,360. Lake Forest is currently growing at a rate of 0.02% annually and its population has increased by 0.08% since the most recent census, which recorded a population of 19,345 in 2020.
The average household income in Lake Forest is $302,171 with a poverty rate of 3.95%.The median age in Lake Forest is 46.1 years: 44.6 years for males, and 48.5 years for females.
Data after 2023 is projected based on recent change
The racial composition of Lake Forest includes 84.63% White, 6.08% Asian, and smaller percentages for other race, Black or African American, Native American and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 16,240 | 84.63% |
Two or more races | 1,309 | 6.82% |
Asian | 1,166 | 6.08% |
Other race | 273 | 1.42% |
Black or African American | 170 | 0.89% |
Native American | 32 | 0.17% |
Married
Widowed
Divorced
Separated
Never Married
Lake Forest's average per capita income is $112,207. Household income levels show a median of $228,120. The poverty rate stands at 3.95%.
Name | Median | Mean |
---|---|---|
Families | $250,001 | $348,871 |
Married Families | $250,001 | - |
Households | $228,120 | $302,171 |
Non Families | $98,393 | $155,533 |
Average Income
Median Household Income
Poverty Rate