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2024 Compare Cities Economy:
Charlottesville, VA vs Lake Forest, IL

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Highlights
- Household income in Lake Forest, is 206% more than it is in Charlottesville and is 64% above the National Average.
- Charlottesville unemployment rate is 4.7%.
- Lake Forest unemployment rate is 6.4%.

Economy
 Charlottesville, VALake Forest, ILUnited States
 Unemployment Rate4.7%6.4%6.0%
 Recent Job Growth3.7%2.4%1.6%
 Future Job Growth42.7%32.8%33.5%
 Sales Taxes5.3%7.5%6.2%
 Income Taxes5.8%5.0%4.6%
 Income per Cap.$42,474$99,558$37,638
 Household Income$63,470$194,267$69,021
 Family Median Income$96,794$224,450$85,028
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 Est. Households By Income
 Charlottesville, VALake Forest, ILUnited States
 Income Less Than 15K15.0%2.5%9.4%
 Income between 15K and 20K4.4%1.9%3.8%
 Income between 20K and 30K6.9%2.6%8.1%
 Income between 30K and 40K8.2%3.4%8.0%
 Income between 40K and 50K7.0%2.0%7.6%
 Income between 50K and 60K6.6%5.0%7.2%
 Income between 60K and 75K7.2%4.2%9.6%
 Income between 75K and 100K11.2%6.8%12.8%
 Income between 100K and 150K14.6%11.7%16.3%
 Income between 150K and 200K7.3%11.0%7.8%
 Income greater than 200K11.6%48.8%9.5%
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 Population By Occupation
 Charlottesville, VALake Forest, ILUnited States
 Management, business, finance16.9%31.0%16.4%
 Engineering, computers, science10.7%8.1%6.5%
 Community, social services2.5%1.1%1.8%
 Legal1.8%9.8%1.2%
 Education, library14.8%7.1%6.2%
 Arts, design, media, sports, entertainment3.7%1.9%2.0%
 Healthcare practitioners and technology7.3%6.2%6.2%
 Healthcare support1.4%1.5%3.3%
 Firefighters, law enforcement1.0%0.6%2.1%
 Food preparation, serving7.6%2.0%5.4%
 Building maintenance4.2%1.6%3.6%
 Personal care2.8%3.4%2.6%
 Sales, office, administrative support14.4%21.2%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.8%0.6%8.1%
 Production, transportation, material moving7.2%4.0%13.1%

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Reviews for Charlottesville    44 Reviews

Over 3 years ago

I have lived in Charlottesville, Albemarle County for 25 years. It USED to be a decent place but in the past 10 years has gone downhill. Rent is TOO high, landlords are  More

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Over 3 years ago

Loved here for 7 years, lots of parks and close proximity to Shenandoah, but that’s where the positives end. High cost of living with extreme income inequality,  More

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Over 3 years ago

Charlottesville resident for 7 years. Plenty of parks, the Rivanna River and trail, and a short drive to Shenandoah National Park means plenty of opportunities for  More

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Reviews for Lake Forest    4 Reviews

We relocated cross county to Lake Forest about a year ago due to a job change. We looked at nearby communities, within proximity of the work commute (the office is in  More

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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  More

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Over 14 years ago

Long cold winters, short cold springs, hot humid summers, nice  More

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ZIPS IN CHARLOTTESVILLE, VIRGINIA
22903 22901 22902
ZIPS IN LAKE FOREST, ILLINOIS
60045

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