HomeIllinoisLake CountyForest Lake CDP
Forest Lake CDP, Illinois: commercial real estate data.
Forest Lake CDP is a Census CDP of 1,865 people across 0.35 square miles of land, in Lake County. Median household income is $96,250, 95.5 percent of occupied homes are owned.
48 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Forest Lake
What Forest Lake is
- Census place typeCDP
- Land area0.35 sq mi
- Water area0.06 sq mi
- Population per square mile of land5,336 plus or minus 1,665
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest Lake
How many people live in Forest Lake
- Population1,865 plus or minus 582
- Median age42.3
- Population under 18483 plus or minus 196
- Share under 1825.9 percent plus or minus 6.8
- Population 65 and over151 plus or minus 85
- Share 65 and over8.1 percent plus or minus 3.8
- Households687 plus or minus 232
- Family households648 plus or minus 234
- Share of households that are families94.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest Lake
Income and work in Forest Lake
- Median household income$96,250
- Per capita income$43,682
- Civilian labor force1,074 plus or minus 462
- Employed1,023 plus or minus 465
- Unemployed51 plus or minus 53
- Unemployment rate4.7 percent plus or minus 4.5
- Adults 25 and over1,190 plus or minus 460
- Adults 25 and over with a high school diploma or higher74.4 percent plus or minus 36.4
- Adults 25 and over with a bachelor degree or higher48.3 percent
- Adults 25 and over with a graduate degree14.2 percent plus or minus 8.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest Lake
Housing in Forest Lake
- Housing units769 plus or minus 248
- Occupied units687 plus or minus 232
- Vacant units82 plus or minus 105
- Vacancy rate10.7 percent plus or minus 13.2
- Owner occupied656 plus or minus 238
- Renter occupied31 plus or minus 37
- Ownership rate95.5 percent
- Median owner-occupied home value$346,400 plus or minus $97,119
- Single family units769 plus or minus 248
- Share single family100.0 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes0
- Median year structure built1995
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest Lake
How Forest Lake gets to work
- Workers 16 and over who commute973 plus or minus 469
- Commuting under 15 minutes105 plus or minus 98
- Share commuting under 15 minutes10.8 percent plus or minus 8.6
- Commuting 30 minutes or more628 plus or minus 416
- Share commuting 30 minutes or more64.5 percent plus or minus 29.3
- Drove alone84.1 percent plus or minus 24.1
- Carpooled4.6 percent plus or minus 4.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home4.9 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake County, not Forest Lake
Lake County context, not Forest Lake figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Forest Lake measurements.
- Establishments in Lake County20,076
- Employment at those establishments, Lake County337,069
- Covered employment, Lake County329,354
- Average annual pay, Lake County$91,042
- Average weekly wage, Lake County$1,751
- Housing units permitted, Lake County1,042
- Of those, single family, Lake County531
- County product, 2024, Lake County$82,868,798,000
- County product change over the prior year, Lake County3.7 percent
- Average income of an arriving household, Lake County$132,863
Every figure in this section is published for Lake County as a whole and is not a measurement of Forest Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Forest Lake questions, answered from the record.
How many people live in Forest Lake, Illinois?
1,865, in 687 households. Forest Lake CDP covers 0.35 square miles of land, which is 5,336 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Forest Lake in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Forest Lake?
$96,250. The median owner-occupied home is valued at $346,400. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Forest Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Forest Lake.
Is zoning published for Forest Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.