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Lake Forest, California Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Lake Forest, California had a total population of 86,281, the 97th largest city in California, with a median household income of $135,175, which is 36% higher than the state average. The poverty rate is 8.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lake Forest Quick Facts

Population 86,281
Median Household Income $135,175
Median Home Value $937,000
Poverty Rate 8.5%
Unemployment Rate 4.9%
Median Age 40.2 years
Homeownership Rate 70.5%
Affordability Ratio 6.9x
Bachelor's Degree or Higher 50.8%
High School Graduation Rate 94.0%
Diversity Index 69/100
Population 86,281 97th of 1,570
Median Income $135,175 top 20%
Poverty Rate 8.5% 32% lower than national
Median Home Value $937,000 top 30%

How Lake Forest Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population85,84686,281+0.5%
Median household income$131,378$135,175+2.9%
Median home value$876,300$937,000+6.9%

How Lake Forest Compares

Economy & Housing

Household Income Distribution

Under $25K 6.9%
$25K-$50K 9.0%
$50K-$100K 20.5%
$100K+ 63.6%
Detailed income brackets
Under $10K
3.3%
$10K-$15K
1.6%
$15K-$20K
0.7%
$20K-$25K
1.2%
$25K-$30K
0.9%
$30K-$35K
1.6%
$35K-$40K
2.3%
$40K-$45K
2.3%
$45K-$50K
1.9%
$50K-$60K
3.3%
$60K-$75K
5.8%
$75K-$100K
11.4%
$100K-$125K
9.3%
$125K-$150K
9.3%
$150K-$200K
13.7%
$200K+
31.3%

Employment

4.9% Unemployment Rate State: 6.6%|National: 5.2%
69.6% Labor Force Participation

Housing Overview

Owner 70.5%
Renter 29.5%
Affordability Index Expensive
6.9x home value to income ratio
Median gross rent $2,672/mo 23.7% of median household income annually

People & Demographics

Diversity Index

69out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 70 | National average: 61

Education

Lake Forest Rankings in California

#97 Population of 1,570
#257 Median Income of 1,375
#306 Education of 1,570
#293 Home Value of 1,376

Other Cities in Orange County

CityPopulationMedian IncomePovertyHome Value
Anaheim 344,521 $95,227 12.4% $831,200
Santa Ana 312,534 $93,999 10.8% $713,000
Irvine 311,690 $136,719 10.8% $1,191,500
Huntington Beach 195,240 $120,919 7.8% $1,100,000
Garden Grove 170,964 $92,174 12.3% $814,100
Fullerton 140,968 $104,286 12.3% $902,600
Orange 138,266 $117,113 9.5% $945,800
Costa Mesa 110,330 $111,505 9.1% $1,115,100
Mission Viejo 92,151 $136,123 5.6% $1,009,600
Westminster 89,860 $85,541 14.4% $858,300

Cities Similar to Lake Forest

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Folsom83,916$139,804$755,20054.9%5.3%
Mission Viejo92,151$136,123$1,009,60052.1%5.6%
Livermore85,522$160,775$1,105,60052.3%4.9%
Newport Beach83,845$156,867$2,000,000+69.6%6.6%
Alameda77,238$137,697$1,235,70061.6%7.2%

Population Overview

Lake Forest is a mid-sized community located in California, within Orange County. The total population is 86,281. It ranks as the 97th most populous out of 1,570 Census-designated places in California.

Age Demographics

The median age in Lake Forest is 40.2 years. This is 6% higher than the state median of 37.9 years.

Economy, Income & Housing

The median household income in Lake Forest is $135,175. This is 36% higher than the state median of $99,122. It is also 67% higher than the national median of $80,734. The poverty rate stands at 8.5%. This is 29% lower than the state poverty rate of 12.0%. The unemployment rate is 4.9%. This is 26% lower than the state rate of 6.6%. The median home value is $937,000. Housing costs are 28% higher than the state median of $734,700. The home-value-to-income ratio of 6.9x suggests that housing affordability is a significant concern for many residents. 70.5% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 55.9%.

Race & Ethnicity

Lake Forest is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Hispanic or Latino residents account for 27.0%. The Black or African American population (2.4%) is well below the state average of 5.2%.

Education

50.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% higher than the state rate of 37.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.0%. Notably, 18.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lake Forest, California is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against California state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,570 Census-designated places in California. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Lake Forest, California?

Lake Forest, California has a population of 86,281 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Forest, CA?

The median household income in Lake Forest is $135,175, which is 67% higher than the national median of $80,734.

What is the poverty rate in Lake Forest, CA?

The poverty rate in Lake Forest is 8.5%. This means approximately 7,305 residents live below the federal poverty line.

What is the racial makeup of Lake Forest, California?

Lake Forest's population is 44.1% White, 2.4% Black, 27.0% Hispanic/Latino, and 19.7% Asian.

What is the median home value in Lake Forest, CA?

The median home value in Lake Forest is $937,000. The home-value-to-income ratio is 6.9x.

How educated is Lake Forest, California?

50.8% of adults (25+) in Lake Forest hold a bachelor's degree or higher, and 18.6% hold a graduate or professional degree.