2025 Compare Cities Economy:
Great Neck, NY vs Lake Forest, IL

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Highlights
- Household income in Lake Forest, is 80% more than it is in Great Neck and is 64% above the National Average.
- Great Neck unemployment rate is 5.9%.
- Lake Forest unemployment rate is 6.4%.
 Great Neck, NYLake Forest, ILUnited States
 Unemployment Rate  Unlock6.4%6.0%
 Recent Job Growth  Unlock2.4%1.6%
 Future Job Growth28.3%  Unlock33.5%
 Sales Taxes8.6%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$51,545  Unlock$37,638
 Household Income  Unlock$194,267$69,021
 Family Median Income$118,060  Unlock$85,028
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 Est. Households By Income
 Great Neck, NYLake Forest, ILUnited States
 Income Less Than 15K  Unlock2.5%9.4%
 Income between 15K and 20K2.2%  Unlock3.8%
 Income between 20K and 30K  Unlock2.6%8.1%
 Income between 30K and 40K1.0%  Unlock8.0%
 Income between 40K and 50K  Unlock2.0%7.6%
 Income between 50K and 60K6.3%  Unlock7.2%
 Income between 60K and 75K  Unlock4.2%9.6%
 Income between 75K and 100K8.2%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K13.1%  Unlock7.8%
 Income greater than 200K  Unlock48.8%9.5%
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 Population By Occupation
 Great Neck, NYLake Forest, ILUnited States
 Management, business, finance21.1%  Unlock16.4%
 Engineering, computers, science  Unlock8.1%6.5%
 Community, social services0.7%  Unlock1.8%
 Legal  Unlock9.8%1.2%
 Education, library15.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.9%2.0%
 Healthcare practitioners and technology13.3%  Unlock6.2%
 Healthcare support  Unlock1.5%3.3%
 Firefighters, law enforcement0.3%  Unlock2.1%
 Food preparation, serving  Unlock2.0%5.4%
 Building maintenance3.3%  Unlock3.6%
 Personal care  Unlock3.4%2.6%
 Sales, office, administrative support19.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair3.5%  Unlock8.1%
 Production, transportation, material moving  Unlock4.0%13.1%
Reviews for Great Neck    3 Reviews

I basically grew up in Great Neck from ages 7 through 23. My thoughts are as follows. Yes you should be concerned about the quality of the water. My family spent plenty  More

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Over 14 years ago

Great School System and Park  More

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Over 18 years ago

Great community,terrific park system with pools,tennis courts and summer entertainment; 30 minutes to Manhattan by LIRR, universities and colleges within easy driving  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 15 years ago

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

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