Lake Forest, Illinois 

4 Reviews | Review This Place | Photos and Maps

Population

19,408

9% Growth

Unemployment Rate

4.9%

Median Income

$151,000

Avg. Home Price

$797,500

Best Places to Live in Lake Forest, Illinois

National center - Northeastern Illinois along Lake Michigan
Pros
-Economic and cultural diversity
-Arts and culture
-Historic interest and preservation
Cons
-Harsh climate
-Cost of living
-Violent crime

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

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.


QUICK FACTS

City: Lake Forest
Zip Codes: 60045
Time zone: Central Standard Time (CST)
Elevation: 623 ft above sea level

Highlights

ECONOMY
The unemployment rate in Lake Forest is 4.9% (U.S. avg. is 5.2%). Recent job growth is Positive. Lake Forest jobs have increased by 1.36%. Learn More...
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. Learn More... or Compare Lake Forest's Cost of Living
POPULATION
Lake Forest's population is 19,408 people. Since 2000, it has had a population growth of 8.81%. Learn More...
TRANSPORTATION
Average Commute time is 16 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Lake Forest is $797,500. Home appreciation the last 10 years has been -2.72%. Check out the homes in the area.
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. Learn More...

Best Places to Live in Lake Forest Rankings


Housing Market in Lake Forest

It's not a good time to buy in Lake Forest. Home Appreciation is down -2.7% in the last 12 months. Browse Lake Forest Real Estate.

The median home price in Lake Forest is $797,500. Browse Homes in this Range.


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Reviews for Lake Forest   4 Reviews
Nice place to raise a family - 6/24/2018
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... (Read More)

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

climate - 7/27/2010
Long cold winters, short cold springs, hot humid summers, nice... (Read More)


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MORTGAGE RATES IN LAKE FOREST
30 Yr Fixed
15 Yr Fixed
7 Yr ARM
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MAPS OF LAKE FOREST, ILLINOIS
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Lake_Forest,Illinois Map
ZIP CODES IN LAKE FOREST, ILLINOIS
60045