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Lake Forest, California

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
86,281
Population
$135,175
Median Income
$937,000
Home Value
40.2
Median Age

Demographics

Lake Forest has a population of 86,281 with a median age of 40.2. Here is the racial and ethnic breakdown of the population:

White
48.2%
Hispanic
27.0%
Asian
20.0%
Black
2.5%
Other
2.3%
Demographic Value
Total Population86,281
Median Age40.2
White48.2%
Black or African American2.5%
Asian20.0%
Hispanic or Latino27.0%
Other / Two or More Races2.3%
Lake Forest, California — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 48.2%Hispanic/Latino: 27.0%Asian: 20.0%Black: 2.5%Other: 2.3%86,281PopulationWhiteWhite48.2%Hispanic/LatinoHispanic/Latino27.0%AsianAsian20.0%BlackBlack2.5%OtherOther2.3%

Income & Economy

The median household income in Lake Forest is $135,175, which is 67.7% above the national median of $80,610. The per capita income is $60,633. The poverty rate is 8.5%.

$135,175
Median Household Income
$60,633
Per Capita Income
8.5%
Poverty Rate

Employment

The unemployment rate in Lake Forest is 3.9%, compared to the national rate of 4.1%.

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Education

In Lake Forest, 94.0% of residents age 25+ have a high school diploma or higher, and 50.8% hold a bachelor's degree or higher (18.6% with a graduate or professional degree).

HS Diploma+
94.0%
Bachelor's+
50.8%
Graduate+
18.6%
Education Level % of Adults (25+)
High School Diploma or Higher94.0%
Bachelor's Degree or Higher50.8%
Graduate or Professional Degree18.6%

Housing

The median home value in Lake Forest is $937,000, above the national median of $303,400. The median monthly rent is $2,672. The homeownership rate is 70.5%.

$937,000
Median Home Value
$2,672/mo
Median Rent
70.5%
Homeownership Rate
Housing Metric Value
Median Home Value$937,000
Median Monthly Rent$2,672
Homeownership Rate70.5%
Vacancy Rate4.3%

Salaries in California

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Other Cities in California

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Frequently Asked Questions

What is the population of Lake Forest, California?
The population of Lake Forest, California is 86,281 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Forest, California?
The median household income in Lake Forest, California is $135,175. This is 67.7% above the national median of $80,610.
What is the median home value in Lake Forest, California?
The median home value in Lake Forest, California is $937,000. The median monthly rent is $2,672.
What percentage of people in Lake Forest have a college degree?
In Lake Forest, California, 50.8% of adults age 25 and older hold a bachelor's degree or higher, and 94.0% have a high school diploma or higher.
Is Lake Forest, California an affordable place to live?
The home price-to-income ratio in Lake Forest, California is 6.9x (median home value $937,000 vs. median income $135,175), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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