Economy in Lake Forest, Illinois
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| Unemployment Rate | 8.60% | 8.60% |
| Recent Job Growth | -1.66% | 0.35% |
| Future Job Growth | 28.08% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 5.00% | 4.70% |
| Income per Cap. | $91,037 | $26,154 |
| Household Income | $151,575 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.65% | 12.37% |
| Income between 15K and 25K | 3.55% | 10.53% |
| Income between 25K and 35K | 4.43% | 10.88% |
| Income between 35K and 50K | 6.20% | 15.37% |
| Income between 50K and 75K | 9.58% | 20.14% |
| Income between 75K and 100K | 7.42% | 12.41% |
| Income between 100K and 150K | 15.74% | 11.27% |
| Income between 150K and 250K | 28.27% | 5.01% |
| Income between 250K and 500K | 20.37% | 1.86% |
| Income greater than 500K | 1.79% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 36.11% | 14.04% |
| Professional and Related Occupations | 25.93% | 20.61% |
| Service | 5.79% | 14.45% |
| Sales and Office | 28.32% | 26.75% |
| Farming, Fishing, and Forestry | 0.16% | 0.70% |
| Construction, Extraction, and Maintenance | 2.00% | 9.42% |
| Production, Transportation, and Material Moving | 1.66% | 14.05% |
The unemployment rate in Lake Forest, IL, is 8.60%, with job growth of -1.66%. Future job growth over the next ten years is predicted to be 28.08%.
Lake Forest, IL Taxes
Lake Forest, IL,sales tax rate is 7.00%. Income tax is 5.00%.
Lake Forest, IL Income and Salaries
The income per capita is $91,037, which includes all adults and children. The median household income is $151,575.
Lake Forest Economy SperlingViews
climate: Long cold winters, short cold springs, hot humid summers, nice... (read more)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)Have an opinion about Lake Forest? Leave a commentTo See All SperlingViews for Lake Forest Click Here
