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Lake Forest, IL 60045 has a population of approximately 20,807 and experiences a population change rate of -6.48%. The population density is 981.1 / sq mi .
The median household income for Lake Forest, IL 60045 is $194,462, with 7,659 households and an average household size of 2.63.
The median value of a home in Lake Forest, IL 60045 is $897,000 with an appreciation rate of 14.50%. 79.98% of housing in the state is owned while 11.83% is rented.
The cost of living in Lake Forest, IL 60045 is 194.6 %.
The unemployment rate in Lake Forest, IL 60045 is 4.70%, and recent job growth is at -1.70%. Future job growth is projected at 26.95%.
The sales tax rate in Lake Forest, IL 60045 is 8.00%, while the income tax rate is 4.95% .
School expenditures in Lake Forest, IL 60045 are $24,440, and the school ratio is 13.6:1.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 35.4 inches per year, with 38 inches of snow per year.
