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Forest Park, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
13,943
Population
$77,221
Median Income
$304,700
Home Value
40.0
Median Age

Demographics

Forest Park has a population of 13,943 with a median age of 40.0. Here is the racial and ethnic breakdown of the population:

White
51.8%
Black
24.0%
Hispanic
12.4%
Asian
8.8%
Other
3.0%
Demographic Value
Total Population13,943
Median Age40.0
White51.8%
Black or African American24.0%
Asian8.8%
Hispanic or Latino12.4%
Other / Two or More Races3.0%
Forest Park, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 51.8%Black: 24.0%Hispanic/Latino: 12.4%Asian: 8.8%Other: 3.0%13,943PopulationWhiteWhite51.8%BlackBlack24.0%Hispanic/LatinoHispanic/Latino12.4%AsianAsian8.8%OtherOther3.0%

Income & Economy

The median household income in Forest Park is $77,221, which is 4.2% below the national median of $80,610. The per capita income is $54,640. The poverty rate is 11.6%.

$77,221
Median Household Income
$54,640
Per Capita Income
11.6%
Poverty Rate

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Education

In Forest Park, 94.6% of residents age 25+ have a high school diploma or higher, and 51.5% hold a bachelor's degree or higher (22.9% with a graduate or professional degree).

HS Diploma+
94.6%
Bachelor's+
51.5%
Graduate+
22.9%
Education Level % of Adults (25+)
High School Diploma or Higher94.6%
Bachelor's Degree or Higher51.5%
Graduate or Professional Degree22.9%

Housing

The median home value in Forest Park is $304,700, above the national median of $303,400. The median monthly rent is $1,367. The homeownership rate is 52.8%.

$304,700
Median Home Value
$1,367/mo
Median Rent
52.8%
Homeownership Rate
Housing Metric Value
Median Home Value$304,700
Median Monthly Rent$1,367
Homeownership Rate52.8%
Vacancy Rate7.4%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Forest Park, Illinois?
The population of Forest Park, Illinois is 13,943 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Forest Park, Illinois?
The median household income in Forest Park, Illinois is $77,221. This is 4.2% below the national median of $80,610.
What is the median home value in Forest Park, Illinois?
The median home value in Forest Park, Illinois is $304,700. The median monthly rent is $1,367.
What percentage of people in Forest Park have a college degree?
In Forest Park, Illinois, 51.5% of adults age 25 and older hold a bachelor's degree or higher, and 94.6% have a high school diploma or higher.
Is Forest Park, Illinois an affordable place to live?
The home price-to-income ratio in Forest Park, Illinois is 3.9x (median home value $304,700 vs. median income $77,221), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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