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Lake Forest, Illinois   Add Favorite    3 Reviews | Review This Place




Find your Best Mortgage in Lake Forest: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Economic and cultural diversity
-Arts and culture
-Historic interest and preservation

Cons

-Harsh climate
-Cost of living
-Violent crime


What Bert Has To Say About Chicago-Naperville-Elgin Metro Area


A world-class commercial, industrial and cultural city, Chicago functions as is a major national center and as the major regional center for America’s heartland. It originally emerged as a transport center for cargo headed west and agricultural products headed east by land and water. Although transportation technology has changed, the role has not. The city is the most important passenger and freight transport hub in the country with the largest number of air departures and the most rail traffic in the nation. The commercial and manufacturing economy stands out both for its size and diversity. Over 30 Fortune 500 companies in an assortment of industries have headquarters here. Factories and warehouses extend for miles from the downtown area. Chicago is also a major center for small manufacturing and business. There is probably no more diverse an economy in the country.


Bert Suggests test-driving a neighborhood in Lake Forest with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Lake Forest


    ECONOMY
    The unemployment rate in Lake Forest is 4.90 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Lake Forest jobs have Increased by 1.36 percent.
    COST OF LIVING
    Compared to the rest of the country, Lake Forest's cost of living is 117.70% Higher than the U.S. average.
    POPULATION
    As of 2014, Lake Forest's population is 19,408 people. Since 2000, it has had a population growth of 8.81 percent.
    TRANSPORTATION
    Average Commute time is 16 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Lake Forest is $826,900. Home appreciation the last 10 years has been -9.96%.
    SCHOOLS
    Lake Forest public schools spend $20,018 per student. The average school expenditure in the U.S. is $12,383. There are about 11.5 students per teacher in Lake Forest.

Lake Forest Ranked & Rated



Lake Forest Housing Market


It's a good time to buy in Lake Forest. Home Appreciation is up 1.6% in the last 12 months. Browse Lake Forest Real Estate.
The median home price in Lake Forest is $826,900. Browse Homes in this Range.
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Reviews for Lake Forest, Illinois


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Start Your Review of Lake Forest, IL


  8/23/2015
One of the most snotty, rude places I ever stayed

Be prepared for a so called upscale town with entitled, overpaid, snooty people from teenagers who sneer at you to adults who look you up and down, who make demands on a... (Read More)

 79

 112

  7/27/2010
climate

Long cold winters, short cold springs, hot humid summers, nice... (Read More)

 65

 63

  2/17/2009
Chicago

The North shore of Chicago runs for 35 miles up the Lake Michigan coast and boasts easy access to Metro Chicago due to frequent train service and numerous amenities:... (Read More)

 64

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