Lake Forest

County:: Lake County
County Seat:: No
Area (mi²):: 17.201
State:: Illinois

Lake Forest is a city located in Lake County, Illinois. Lake Forest has a 2025 population of 19,360. Lake Forest is currently growing at a rate of 0.02% annually and its population has increased by 0.08% since the most recent census, which recorded a population of 19,345 in 2020.

The average household income in Lake Forest is $302,171 with a poverty rate of 3.95%. The median age in Lake Forest is 46.1 years: 44.6 years for males, and 48.5 years for females.

Demographics

The racial composition of Lake Forest includes 84.63% White, 6.08% Asian, and smaller percentages for other race, Black or African American, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Asian

Other race

Black or African American

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	16,240	84.63%
Two or more races	1,309	6.82%
Asian	1,166	6.08%
Other race	273	1.42%
Black or African American	170	0.89%
Native American	32	0.17%
Native Hawaiian or Pacific Islander	0	0%

Lake Forest Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Lake Forest's average per capita income is $112,207. Household income levels show a median of $228,120. The poverty rate stands at 3.95%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Families	$250,001	$348,871
Married Families	$250,001	-
Households	$228,120	$302,171
Non Families	$98,393	$155,533

$112,207

Average Income

$228,120

Median Household Income

3.95%

Poverty Rate