Last updated: 2024 BLS data · Page refreshed:
Park Forest has a population of 21,156 with a median age of 36.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 21,156 |
| Median Age | 36.9 |
| White | 20.8% |
| Black or African American | 67.9% |
| Asian | 0.3% |
| Hispanic or Latino | 9.7% |
| Other / Two or More Races | 1.3% |
The median household income in Park Forest is $61,072, which is 24.2% below the national median of $80,610. The per capita income is $30,021. The poverty rate is 17.6%.
The unemployment rate in Park Forest is 7.1%, compared to the national rate of 4.1%.
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In Park Forest, 91.6% of residents age 25+ have a high school diploma or higher, and 24.3% hold a bachelor's degree or higher (8.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.6% |
| Bachelor's Degree or Higher | 24.3% |
| Graduate or Professional Degree | 8.8% |
The median home value in Park Forest is $115,300, below the national median of $303,400. The median monthly rent is $1,365. The homeownership rate is 65.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $115,300 |
| Median Monthly Rent | $1,365 |
| Homeownership Rate | 65.8% |
| Vacancy Rate | 8.1% |
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