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2024 Compare Cities Economy:
Lake Forest, IL vs Geneva, IL

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Highlights
- Household income in Geneva, is 35% less than it is in Lake Forest and is 46% above the National Average.
- Lake Forest unemployment rate is 6.4%.
- Geneva unemployment rate is 7.1%.

Economy
 Lake Forest, ILGeneva, ILUnited States
 Unemployment Rate6.4%7.1%6.0%
 Recent Job Growth2.4%2.3%1.6%
 Future Job Growth32.8%30.1%33.5%
 Sales Taxes7.5%7.0%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$99,558$60,161$37,638
 Household Income$194,267$126,759$69,021
 Family Median Income$224,450$147,977$85,028
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 Est. Households By Income
 Lake Forest, ILGeneva, ILUnited States
 Income Less Than 15K2.5%3.5%9.4%
 Income between 15K and 20K1.9%0.3%3.8%
 Income between 20K and 30K2.6%5.0%8.1%
 Income between 30K and 40K3.4%2.7%8.0%
 Income between 40K and 50K2.0%6.0%7.6%
 Income between 50K and 60K5.0%3.6%7.2%
 Income between 60K and 75K4.2%6.1%9.6%
 Income between 75K and 100K6.8%11.7%12.8%
 Income between 100K and 150K11.7%20.0%16.3%
 Income between 150K and 200K11.0%19.0%7.8%
 Income greater than 200K48.8%21.9%9.5%
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 Population By Occupation
 Lake Forest, ILGeneva, ILUnited States
 Management, business, finance31.0%26.0%16.4%
 Engineering, computers, science8.1%8.7%6.5%
 Community, social services1.1%1.2%1.8%
 Legal9.8%2.1%1.2%
 Education, library7.1%7.7%6.2%
 Arts, design, media, sports, entertainment1.9%1.8%2.0%
 Healthcare practitioners and technology6.2%4.5%6.2%
 Healthcare support1.5%2.1%3.3%
 Firefighters, law enforcement0.6%2.1%2.1%
 Food preparation, serving2.0%5.0%5.4%
 Building maintenance1.6%1.6%3.6%
 Personal care3.4%2.9%2.6%
 Sales, office, administrative support21.2%24.3%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair0.6%3.8%8.1%
 Production, transportation, material moving4.0%6.3%13.1%

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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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Reviews for Geneva    12 Reviews

Real Estate and State Taxes are very high. Lots of people and traffic. Cute little shops and restaurants on main streets which attract a lot of tourists during the  More

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Lived here for 30 years... great schools, quaint downtown, good city leadership, engaged community. Wonderful town to raise a family! Only downsides are weather ( long  More

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Over 7 years ago

We moved to Geneva 4 years ago. The cost of living is very high, and taxes keep going up as well as other living expenses. The population seems to be increasing and the  More

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ZIPS IN LAKE FOREST, ILLINOIS
60045
ZIPS IN GENEVA, ILLINOIS
No Zip Codes Here.

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