Last updated: 2024 BLS data · Page refreshed:
Lake Forest has a population of 19,416 with a median age of 46.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 19,416 |
| Median Age | 46.1 |
| White | 82.2% |
| Black or African American | 1.0% |
| Asian | 6.5% |
| Hispanic or Latino | 6.1% |
| Other / Two or More Races | 4.2% |
The median household income in Lake Forest is $235,081, which is 191.6% above the national median of $80,610. The per capita income is $109,918. The poverty rate is 3.5%.
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In Lake Forest, 98.1% of residents age 25+ have a high school diploma or higher, and 80.5% hold a bachelor's degree or higher (41.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.1% |
| Bachelor's Degree or Higher | 80.5% |
| Graduate or Professional Degree | 41.9% |
The median home value in Lake Forest is $938,300, above the national median of $303,400. The median monthly rent is $1,815. The homeownership rate is 88.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $938,300 |
| Median Monthly Rent | $1,815 |
| Homeownership Rate | 88.8% |
| Vacancy Rate | 5.2% |
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