2025 Compare Cities Economy:
Lake Forest, IL vs Matthews, NC

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Highlights
- Household income in Matthews, is 50% less than it is in Lake Forest and is 28% above the National Average.
- Lake Forest unemployment rate is 6.4%.
- Matthews unemployment rate is 3.3%.
 Lake Forest, ILMatthews, NCUnited States
 Unemployment Rate  Unlock3.3%6.0%
 Recent Job Growth  Unlock2.7%1.6%
 Future Job Growth32.8%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$99,558  Unlock$37,638
 Household Income  Unlock$96,195$69,021
 Family Median Income$224,450  Unlock$85,028
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 Est. Households By Income
 Lake Forest, ILMatthews, NCUnited States
 Income Less Than 15K  Unlock3.5%9.4%
 Income between 15K and 20K1.9%  Unlock3.8%
 Income between 20K and 30K  Unlock5.5%8.1%
 Income between 30K and 40K3.4%  Unlock8.0%
 Income between 40K and 50K  Unlock7.9%7.6%
 Income between 50K and 60K5.0%  Unlock7.2%
 Income between 60K and 75K  Unlock6.3%9.6%
 Income between 75K and 100K6.8%  Unlock12.8%
 Income between 100K and 150K  Unlock25.4%16.3%
 Income between 150K and 200K11.0%  Unlock7.8%
 Income greater than 200K  Unlock10.9%9.5%
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 Population By Occupation
 Lake Forest, ILMatthews, NCUnited States
 Management, business, finance31.0%  Unlock16.4%
 Engineering, computers, science  Unlock7.8%6.5%
 Community, social services1.1%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.1%2.0%
 Healthcare practitioners and technology6.2%  Unlock6.2%
 Healthcare support  Unlock1.3%3.3%
 Firefighters, law enforcement0.6%  Unlock2.1%
 Food preparation, serving  Unlock5.1%5.4%
 Building maintenance1.6%  Unlock3.6%
 Personal care  Unlock1.9%2.6%
 Sales, office, administrative support21.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.6%0.6%
 Construction, extraction, maintenance/repair0.6%  Unlock8.1%
 Production, transportation, material moving  Unlock7.5%13.1%
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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Reviews for Matthews    2 Reviews

Over 16 years ago

Matthews is a suburb of Charlotte. It's big advantage over Charlotte is that you are on the edge of the rural areas, and it is safer. Don't expect to save any on taxes  More

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Over 19 years ago

Is there segragation in  More

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