2025 Compare Cities Economy:
Lake Forest, IL vs Phoenix, AZ

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Highlights
- Household income in Phoenix, is 67% less than it is in Lake Forest and is 6% below the National Average.
- Lake Forest unemployment rate is 6.4%.
- Phoenix unemployment rate is 6.6%.
 Lake Forest, ILPhoenix, AZUnited States
 Unemployment Rate  Unlock6.6%6.0%
 Recent Job Growth  Unlock3.3%1.6%
 Future Job Growth32.8%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock3.4%4.6%
 Income per Cap.$99,558  Unlock$37,638
 Household Income  Unlock$64,927$69,021
 Family Median Income$224,450  Unlock$85,028
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 Est. Households By Income
 Lake Forest, ILPhoenix, AZUnited States
 Income Less Than 15K  Unlock8.4%9.4%
 Income between 15K and 20K1.9%  Unlock3.8%
 Income between 20K and 30K  Unlock8.3%8.1%
 Income between 30K and 40K3.4%  Unlock8.0%
 Income between 40K and 50K  Unlock9.2%7.6%
 Income between 50K and 60K5.0%  Unlock7.2%
 Income between 60K and 75K  Unlock10.1%9.6%
 Income between 75K and 100K6.8%  Unlock12.8%
 Income between 100K and 150K  Unlock15.3%16.3%
 Income between 150K and 200K11.0%  Unlock7.8%
 Income greater than 200K  Unlock8.0%9.5%
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 Population By Occupation
 Lake Forest, ILPhoenix, AZUnited States
 Management, business, finance31.0%  Unlock16.4%
 Engineering, computers, science  Unlock6.2%6.5%
 Community, social services1.1%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.1%2.0%
 Healthcare practitioners and technology6.2%  Unlock6.2%
 Healthcare support  Unlock3.0%3.3%
 Firefighters, law enforcement0.6%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance1.6%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support21.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair0.6%  Unlock8.1%
 Production, transportation, material moving  Unlock12.2%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 Phoenix    449 Reviews

Over 1 years ago

As someone that has worked in Phoenix for close to 20 years now. There is great areas to eat at, great opportunities for premium small businesses to set up shop and even  More

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Over 1 years ago

Phoenix is a city of potential and definitely has a bad reputation that is not completely deserved all throughout the city itself. There is tons of things to do, places  More

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Phoenix has tons of the best places to shop and eat at bar none due to it being the big city. Downtown is definitely underrated. There also is some nice new developments  More

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