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All About

Living In Forest Lake, IL

Forest Lake is a small town in Illinois with a population of just under 2,000. Children under 5 account for a larger portion of the population here (10%) than nationally (6%), making it a great place to raise a family, while young professionals are less well-represented. Overall, the town's residents, with an average age of just over 34, skew decidedly younger than most cities in Illinois. Just 5% of residents rent in Forest Lake, as most own their homes. With a relatively low average rent of $648/month in the town, renting remains an affordable option, particularly compared to other cities in Illinois. Each month, renters in Forest Lake will pay around $403 less compared to the state average.

Forest Lake residents have an average commute of about 34 minutes, slower than the Illinois average of about 32 minutes. Driving is the prevailing way to get to work, selected by 43% of workers, while public transportation isn't extensively used. Walking isn't a common way to get to work.

Forest Lake has a large concentration of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 17% possess a Master's or a Doctorate. Further, 21% have earned a Bachelor's degree, which also outpaces the national average. There are plenty of industries from which to choose in Forest Lake, the most common five of which are retail, scientific, manufacturing, entertainment, and healthcare. Together, these industries make up 37% of the town's workforce. Meanwhile, in terms of job function, 11% of the town's population works in management, making it the top profession in the town. Forest Lake workers take home an average annual income of around $137,000, more than those elsewhere in Illinois. The town's average income also compares favorably to the national average of $73,345.

Frequently Asked Questions About Forest Lake

Looking for a cheap Forest Lake apartment?

For the best deal, we recommend using our cheap apartments filter.

How Many Bedrooms Do You Need?

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How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our Forest Lake, IL Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly Forest Lake apartment?

If you have a dog or cat, you'll need to find an apartment in Forest Lake that accepts pets. Apply Apartment Guide's pet friendly filter to see only Forest Lake apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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