Park Forest, Illinois 

4 Reviews | Review This Place | Photos and Maps

Population

21,954

11% Decline

Unemployment Rate

9.3%

Median Income

$48,319

Avg. Home Price

$79,500

Best Places to Live in Park 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 Park 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: Park Forest
Zip Codes: 60466
Time zone: Central Standard Time (CST)
Elevation: 623 ft above sea level

Highlights

ECONOMY
The unemployment rate in Park Forest is 9.3% (U.S. avg. is 5.2%). Recent job growth is Positive. Park Forest jobs have increased by 1.39%. Learn More...
COST OF LIVING
Compared to the rest of the country, Park Forest's cost of living is 12.80% lower than the U.S. average. Learn More... or Compare Park Forest's Cost of Living
POPULATION
Park Forest's population is 21,954 people. Since 2000, it has had a population growth of -10.96%. Learn More...
TRANSPORTATION
Average Commute time is 21 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Park Forest is $79,500. Home appreciation the last 10 years has been 5.29%. Check out the homes in the area.
SCHOOLS
Park Forest public schools spend $14,308 per student. The average school expenditure in the U.S. is $12,383. There are about 18.3 students per teacher in Park Forest. Learn More...

Best Places to Live in Park Forest Rankings


Housing Market in Park Forest

It's a good time to buy in Park Forest. Home Appreciation is up 5.3% in the last 12 months. Browse Park Forest Real Estate.

The median home price in Park Forest is $79,500. Browse Homes in this Range.


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Reviews for Park Forest   4 Reviews
Park Forest - It is Coming Back! - 8/16/2016
I'm happy to share that it IS coming back. I'm very thankful we found this community. Our family (husband, wife, 1 young child) recently bought our a little house here... Read More

Start Your Review of Park Forest


If Only It Could Come Back - 2/16/2014
Park Forest is beautiful, but it's going down. You can see tons of green, an excellent library, but also plenty of vacant buildings. In its hay day, it must have been... Read More

MEMORIES gone forever - 1/28/2013
No disrespect to the remaining officials and friends from my upbringing; but, leave town. I read how Park forest continues to fight off urban decay. It's simply a... Read More


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MORTGAGE RATES IN PARK FOREST
30 Yr Fixed
15 Yr Fixed
7 Yr ARM
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MAPS OF PARK FOREST, ILLINOIS
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Park_Forest,Illinois Map
ZIP CODES IN PARK FOREST, ILLINOIS
60466
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