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2024 Compare Cities Economy:
Lake Forest, IL vs West Palm Beach, FL

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Highlights
- Household income in West Palm Beach, is 71% less than it is in Lake Forest and is 22% below the National Average.
- Lake Forest unemployment rate is 6.4%.
- West Palm Beach unemployment rate is 5.0%.

Economy
 Lake Forest, ILWest Palm Beach, FLUnited States
 Unemployment Rate6.4%5.0%6.0%
 Recent Job Growth2.4%1.4%1.6%
 Future Job Growth32.8%39.4%33.5%
 Sales Taxes7.5%7.0%6.2%
 Income Taxes5.0%0.0%4.6%
 Income per Cap.$99,558$36,247$37,638
 Household Income$194,267$56,549$69,021
 Family Median Income$224,450$67,432$85,028
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 Est. Households By Income
 Lake Forest, ILWest Palm Beach, FLUnited States
 Income Less Than 15K2.5%12.2%9.4%
 Income between 15K and 20K1.9%4.9%3.8%
 Income between 20K and 30K2.6%10.2%8.1%
 Income between 30K and 40K3.4%7.9%8.0%
 Income between 40K and 50K2.0%8.9%7.6%
 Income between 50K and 60K5.0%8.5%7.2%
 Income between 60K and 75K4.2%9.8%9.6%
 Income between 75K and 100K6.8%11.5%12.8%
 Income between 100K and 150K11.7%14.4%16.3%
 Income between 150K and 200K11.0%5.4%7.8%
 Income greater than 200K48.8%6.4%9.5%
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 Population By Occupation
 Lake Forest, ILWest Palm Beach, FLUnited States
 Management, business, finance31.0%14.8%16.4%
 Engineering, computers, science8.1%5.1%6.5%
 Community, social services1.1%1.9%1.8%
 Legal9.8%1.6%1.2%
 Education, library7.1%4.5%6.2%
 Arts, design, media, sports, entertainment1.9%3.5%2.0%
 Healthcare practitioners and technology6.2%5.2%6.2%
 Healthcare support1.5%4.7%3.3%
 Firefighters, law enforcement0.6%2.5%2.1%
 Food preparation, serving2.0%7.7%5.4%
 Building maintenance1.6%5.4%3.6%
 Personal care3.4%3.5%2.6%
 Sales, office, administrative support21.2%20.9%20.9%
 Farming, fishing, forestry0.0%0.7%0.6%
 Construction, extraction, maintenance/repair0.6%7.8%8.1%
 Production, transportation, material moving4.0%10.3%13.1%

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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 14 years ago

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

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Reviews for West Palm Beach    51 Reviews

Over 7 years ago

Palm Beach county is getting over crowded at least from point of view. High property taxes and home owners insurance (due to hurricanes) traffic is getting worse.   More

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Over 8 years ago

I couldn't think of a better place to live. There are so many things to do around town. Traffic in not bad, for the most part. There's a good mix of cultural diversity.  More

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Over 8 years ago

Why is Cultural diversity considered a pro for West Palm  More

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ZIPS IN LAKE FOREST, ILLINOIS
60045
ZIPS IN WEST PALM BEACH, FLORIDA
33417 33409 33407 33401 33405

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