Lake Forest, IL Employment

A+
229%
Income/capita NAT. AVG.
242%
Household income NAT. AVG.
62%
Unemployment NAT. AVG.
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IndexLake ForestIllinoisNational
Income per capita$98,058$31,502$29,829
Median household income$189,118$59,196$55,322
Median income owner occupied$208,013$75,354$70,586
Median income renter occupied$73,478$34,488$35,192
Median earnings male$125,929$40,474$36,919
Median earnings female$36,380$27,197$26,250
Unemployment rate1.8%5.3%4.7%
Poverty level2.9%14.0%15.1%
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Key findings

  • The income per capita in Lake Forest is 229% higher than the national average
  • The median household income in Lake Forest is 242% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Lake Forest is 62% lower than the national average
  • The poverty level in Lake Forest is 81% lower than the national average

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      am i middle class

      $
      Input your household income
      $126,066 $189,118 $378,236
      City
      $39,460 $59,196 $118,392
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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      Lake Forest median earnings by income bracket

      Lake Forest employment by industry

      Labour TypeMaleFemale
      Construction industry3.1%3.1%
      Manufacturing sector14.1%14.1%
      Financial & insurance services10.2%10.2%
      Wholesale & retail services12.0%12.0%
      Public administration0.6%0.6%
      Transportation, warehousing & utilities2.0%2.0%
      Education, health & social services11.9%11.9%
      Other43.7%43.7%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Winnetka, IL12,361$250,001351.9%
      Kenilworth, IL2,356$241,591336.7%
      Riverwoods, IL3,536$231,477318.4%
      Kildeer, IL4,007$212,500284.1%
      Long Grove, IL7,907$207,188274.5%
      Lake Forest, IL19,497$189,118241.8%

      Cities with similar population

      City Population Household Income National Avg.
      Cumberland, MD19,495$40,88826.1%
      Salmon Arm, BC19,494n/a 
      Salmon Creek, WA19,506$80,84646.1%
      Montgomery, IL19,515$99,20879.3%
      Franconia, VA19,478$120,946118.6%
      Lake Forest, IL19,497$189,118241.8%
      Source: The Lake Forest, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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