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Lake Forest Park, Washington

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
13,335
Population
$159,904
Median Income
$953,200
Home Value
42.1
Median Age

Demographics

Lake Forest Park has a population of 13,335 with a median age of 42.1. Here is the racial and ethnic breakdown of the population:

White
69.5%
Asian
11.5%
Other
7.9%
Hispanic
5.9%
Black
5.2%
Demographic Value
Total Population13,335
Median Age42.1
White69.5%
Black or African American5.2%
Asian11.5%
Hispanic or Latino5.9%
Other / Two or More Races7.9%
Lake Forest Park, Washington — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 69.5%Asian: 11.5%Other: 7.9%Hispanic/Latino: 5.9%Black: 5.2%13,335PopulationWhiteWhite69.5%AsianAsian11.5%OtherOther7.9%Hispanic/LatinoHispanic/Latino5.9%BlackBlack5.2%

Income & Economy

The median household income in Lake Forest Park is $159,904, which is 98.4% above the national median of $80,610. The per capita income is $81,118. The poverty rate is 4.0%.

$159,904
Median Household Income
$81,118
Per Capita Income
4.0%
Poverty Rate

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Education

In Lake Forest Park, 97.1% of residents age 25+ have a high school diploma or higher, and 66.0% hold a bachelor's degree or higher (28.7% with a graduate or professional degree).

HS Diploma+
97.1%
Bachelor's+
66.0%
Graduate+
28.7%
Education Level % of Adults (25+)
High School Diploma or Higher97.1%
Bachelor's Degree or Higher66.0%
Graduate or Professional Degree28.7%

Housing

The median home value in Lake Forest Park is $953,200, above the national median of $303,400. The median monthly rent is $2,333. The homeownership rate is 80.6%.

$953,200
Median Home Value
$2,333/mo
Median Rent
80.6%
Homeownership Rate
Housing Metric Value
Median Home Value$953,200
Median Monthly Rent$2,333
Homeownership Rate80.6%
Vacancy Rate3.9%

Salaries in Washington

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Frequently Asked Questions

What is the population of Lake Forest Park, Washington?
The population of Lake Forest Park, Washington is 13,335 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Forest Park, Washington?
The median household income in Lake Forest Park, Washington is $159,904. This is 98.4% above the national median of $80,610.
What is the median home value in Lake Forest Park, Washington?
The median home value in Lake Forest Park, Washington is $953,200. The median monthly rent is $2,333.
What percentage of people in Lake Forest Park have a college degree?
In Lake Forest Park, Washington, 66.0% of adults age 25 and older hold a bachelor's degree or higher, and 97.1% have a high school diploma or higher.
Is Lake Forest Park, Washington an affordable place to live?
The home price-to-income ratio in Lake Forest Park, Washington is 6.0x (median home value $953,200 vs. median income $159,904), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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