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CITY · 2010 ACS

Forest Lake

Illinois · 1,659 residents · 0.35 sq mi
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The short version

Forest Lake is significantly wealthier than the US average, with a median household income of $93,973. Population has held roughly steady since 2000. 52% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value has more than doubled since 2000, reaching $363,100. With a median age of 42.2, the population is older than the US median of 37.2. Households here earn about 69% more than the Illinois median.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 42.2
US median: 37.2
More educated
52% hold a bachelor's degree
US average: 28%
Less affordable
home values up 51%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,659
+8%since 2000
from 1,530 in 2000
1990 – 2024
Population density
4,740 / sq mi
+8%since 2000
from 4,371 / sq mi in 2000
US average: 261
Median age
42.2
+15%since 2000
from 36.6 in 2000
US average: 37.2
Population, 1990 – 2024
1K1K2K2K2K1990201020202024Forest Lake
20242K
1990201020202024
Section 02

Income & economy

Median household income
$93,973
−5%inflation adjusted, since 2000
from $78,428 in 2000
US average: $52,703
1990 – 2024
Per capita income
$38,352
+33%since 2000
from $28,737 in 2000
US average: $27,286
Households earning $100K+
62.1%
+4.4 ptssince 2009
from 57.8% in 2009
US average: 33.3%
Poverty rate
2.4%
−0.6 ptssince 2000
from 3.0% in 2000
US average: 13.8%
Income inequality (Gini)
0.351
US average: 0.461
Workforce by industry, 2010
Information14%
US avg: 11.5%
Other services11.1%
US avg: 7%
Transportation & warehousing11%
US avg: 3.1%
Retail trade9.9%
US avg: 10.9%
Public administration9%
US avg: 4.9%
Wholesale trade8.3%
US avg: 7.2%
Finance & insurance3.4%
US avg: 5.1%
Professional, scientific, technical2.5%
US avg: 4.2%
Arts, entertainment, food2.3%
US avg: 2.4%
Agriculture, forestry, fishing1%
US avg: 1.9%
Manufacturing1%
US avg: 0.5%
Education & health services0.9%
US avg: 0.9%
Construction0%
US avg: 1.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$363,100
+51%inflation adjusted, since 2000
from $189,700 in 2000
US average: $225,659
1990 – 2024
Owner-occupied
72.9%
−17.5 ptssince 2000
from 90.5% in 2000
9.7% rent
Vacancy rate
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 12.1%
Owner cost-burdened
27.7%
−3.1 ptssince 2009
from 30.8% in 2009
US average: 30.9%
Renter cost-burdened
61.8%
−10.1 ptssince 2009
from 71.9% in 2009
US average: 46.8%
Afford Score
3.9
+60%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Forest Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.3%(1,412)
Black0.4%(6)
Hispanic / Latino4.8%(74)
Asian0.9%(14)
Other0%
Diversity Score14.8%(226)
2010
White, non-Hispanic87.6%(1,454)
Black1%(17)
Hispanic / Latino6.9%(114)
Asian3.8%(63)
Other0%(0)
Diversity Score26.9%(446)
Diversity Score
27
+82%since 2000
from 15 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
52.4%
+11.9 ptssince 2000
from 40.6% in 2000
US average: 27.9%
High school or higher
97.3%
+3.0 ptssince 2000
from 94.3% in 2000
US average: 84.9%
Graduate degree
22.5%
+15.1 ptssince 2000
from 7.4% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
34.2 min
+60%since 2000
from 21.3 min in 2000
US average: 25.2
Drive alone to work
80.5%
+5.3 ptssince 2009
from 75.2% in 2009
US average: 76.2%
Carpooled to work
3.0%
−9.1 ptssince 2009
from 12.1% in 2009
US average: 10.4%
Public transit
1.9%
+0.6 ptssince 2009
from 1.2% in 2009
US average: 4.7%
Worked from home
13.0%
+1.5 ptssince 2009
from 11.5% in 2009
US average: 4.1%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.8%
Biked to work
1.7%
+1.7 ptssince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
5.6%
+2.0 ptssince 2009
from 3.6% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
11.1%
+3.2 ptssince 2009
from 7.8% in 2009
US average: 12.9%
Management & professional
60.1%
−17.4 ptssince 2009
from 77.6% in 2009
US average: 35.2%
Section 08

People & community

Male
51.4%
+2.6 ptssince 2009
from 48.8% in 2009
Female
48.6%
−2.6 ptssince 2009
from 51.2% in 2009
Foreign born
19.1%
−8.6 ptssince 2009
from 27.7% in 2009
US average: 12.8%
Veterans
5.3%
−42.4 ptssince 2009
from 47.7% in 2009
US average: 9.9%
Drill deeper

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Pop 2,015
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Head to head

Compare Forest Lake to nearby cities

FOREST LAKE VS
Hawthorn Woods
Income$219,631+134%
Home value$619,100+71%
Population9,679+419%
SEE FULL COMPARISON →
FOREST LAKE VS
Lake Zurich
Income$135,968+45%
Home value$435,300+20%
Population19,868+965%
SEE FULL COMPARISON →
FOREST LAKE VS
Long Grove
Income$250,001+166%
Home value$804,600+122%
Population8,343+347%
SEE FULL COMPARISON →
FOREST LAKE VS
Mundelein
Income$108,340+15%
Home value$309,700−15%
Population32,680+1652%
SEE FULL COMPARISON →
Frequently asked

How many people live in Forest Lake, Illinois?

Forest Lake, Illinois has about 1,659 residents according to the 2010 American Community Survey.

What is the median household income in Forest Lake, Illinois?

The typical household in Forest Lake, Illinois earns about $93,973 a year. Half of households make more than that, and half make less.

Is Forest Lake, Illinois expensive?

In Forest Lake, Illinois, the median home is worth about $363,100.

How educated are people in Forest Lake, Illinois?

About 52.4% of adults age 25 and over in Forest Lake, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Forest Lake, Illinois?

About 2.4% of people in Forest Lake, Illinois live below the federal poverty line.

Has Forest Lake, Illinois grown since 1990?

Yes, Forest Lake, Illinois has grown since 1990. The population has added about 295 residents, a change of about 22 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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