Lake Forest is home to 17,836 people in Illinois. Households here earn about 194% more than in Illinois as a whole. Median household income runs $94,824, well clear of the $30,130 US median. 66% of adults hold a bachelor's degree, against 20% nationally. Median home value sits at $500,001. Owners hold 85% of the housing stock.
At a glance
Wealthier
median household income $94,824, above the US median
US median: $30,130
Older
median age 37.4
US median: 33.0
More educated
66% hold a bachelor's degree
US average: 20%
Top-priced homes
median home value $500,000+, the Census reporting cap
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)9.9%(42)
US avg: 26.4%
Gulf War (1990s)7.7%(33)
US avg: 24.3%
Vietnam era52.6%(224)
US avg: 33.1%
Korean War4%(17)
US avg: 4.5%
World War II3.3%(14)
US avg: 1%
Share of the 426 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
