Last updated: 2024 BLS data · Page refreshed:
Park Forest Village has a population of 8,624 with a median age of 38.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,624 |
| Median Age | 38.2 |
| White | 74.2% |
| Black or African American | 2.5% |
| Asian | 12.7% |
| Hispanic or Latino | 4.5% |
| Other / Two or More Races | 6.1% |
The median household income in Park Forest Village is $79,120, which is 1.8% below the national median of $80,610. The per capita income is $48,041. The poverty rate is 21.5%.
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In Park Forest Village, 99.1% of residents age 25+ have a high school diploma or higher, and 77.4% hold a bachelor's degree or higher (46.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 99.1% |
| Bachelor's Degree or Higher | 77.4% |
| Graduate or Professional Degree | 46.6% |
The median home value in Park Forest Village is $389,600, above the national median of $303,400. The median monthly rent is $1,331. The homeownership rate is 55.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $389,600 |
| Median Monthly Rent | $1,331 |
| Homeownership Rate | 55.6% |
| Vacancy Rate | 13.0% |
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