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Living In Lake Forest, IL

Lake Forest, Illinois is a town with slightly more than 19,000 residents. It's a nice place to settle down, as retirees make up a greater percentage of the population (21%) here than they do nationally (14%), while young professionals are less well-represented. Overall, the city's residents, with an average age of just under 43, skew older than most cities in Illinois. Renters tend to be in the minority in the area, and 86% of residents own their homes. The average rent for Lake Forest is $646 a month more than the state average.

Averaging about 33 minutes, Lake Forest's commute time is longer than around 80% of cities in Illinois. Many residents (31%) drive to work, while public transit is used by just 3% of the city. Walking (2%) isn't a common method of commuting to work, though the number does exceed the national average.

Many Lake Forest residents work in one of two industries: scientific and retail. Together, these industries account for 15% of the city's workforce. Meanwhile, looking at job function, many of the city's residents work in management, making it the top profession in the city. With an average annual income of just over $151K, eighth-highest in the state, Lake Forest workers are generally well-compensated for their efforts. The city's average income also compares favorably to the national average ($73,345). Lake Forest has a large concentration of residents over the age of 25 with advanced degrees compared to the national average (7%), as 19% possess a Master's or a Doctoral degree. Additionally, 26% have a Bachelor's degree, which also outpaces the national average.

Frequently Asked Questions About Lake Forest

Looking for a cheap Lake Forest apartment?

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

How Many Bedrooms Do You Need?

Are you living by yourself, with your family, or do you have roommates? Choose the number of bedrooms that match your needs: Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom.

How Can I Tour Virtually During Covid19 & Social Distancing?

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

Do you need a pet-friendly Lake Forest apartment?

If you have a dog or cat, you'll need to find an apartment in Lake Forest that accepts pets. Apply Apartment Guide's pet friendly filter to see only Lake Forest 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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