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Forest Lake CDP, Illinois Demographics & Population 2026

As of 2026, Forest Lake CDP, Illinois has a total population of 1,797, the 532nd largest city in Illinois, with a median household income of $92,956, which is 14% higher than the state average. The poverty rate is 5.3%.

Key Takeaways

Forest Lake CDP Quick Facts

Population 1,797
Median Household Income $92,956
Median Home Value $318,300
Poverty Rate 5.3%
Unemployment Rate 5.3%
Median Age 40.8 years
Homeownership Rate 94.5%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 52.4%
High School Graduation Rate 74.3%
Diversity Index 44/100
Population 1,797 532nd of 1,445
Median Income $92,956 top 30%
Poverty Rate 5.3% 57% lower national
Median Home Value $318,300 top 10%

How Forest Lake CDP Compares

Economy & Housing

Employment

5.3% Unemployment Rate State: 5.8% | National: 5.2%
81.3% Labor Force Participation

Housing Overview

Owner 94.5%
Renter 5.5%
Affordability Index Affordable
3.4x home value to income ratio

People & Demographics

Diversity Index

44out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 60 | National average: 60

Education

Forest Lake CDP Rankings in Illinois

#532 Population of 1,445
#288 Median Income of 1,445
#102 Education of 1,445
#126 Home Value of 1,445

Cities Similar to Forest Lake CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Orion village1,849$88,500$168,30029.8%4.3%
Teutopolis village1,693$96,875$230,40036.7%2.8%
Rome CDP1,628$95,263$155,70022.0%6.7%
Hampton village1,946$86,679$182,80028.1%5.9%
Erie village1,658$86,750$147,30017.4%6.0%

Population Overview

Forest Lake CDP is a small community located in Illinois. The total population is 1,797. It ranks as the 532nd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Forest Lake CDP is 40.8 years. This is 5% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Forest Lake CDP is $92,956. This is 14% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 18% higher. The poverty rate stands at 5.3%. This is 54% lower than the state poverty rate of 11.7%. The unemployment rate is 5.3%. This is 9% lower than the state rate of 5.8%. The median home value is $318,300. Housing costs are 27% higher than the state median of $250,500. The home-value-to-income ratio is 3.4x. 94.5% of occupied housing units are owner-occupied. This homeownership rate is 41% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Forest Lake CDP is White (non-Hispanic), making up 70.9% of the population. Hispanic or Latino residents account for 23.6%.

Education

52.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Forest Lake CDP in the top 10% of all cities in the state for educational attainment. This is 41% higher than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 74.3%.

Data Sources & Methodology

All demographic data for Forest Lake CDP, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Forest Lake CDP, Illinois?

Forest Lake CDP, Illinois has a population of 1,797 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Forest Lake CDP, IL?

The median household income in Forest Lake CDP is $92,956, which is 18% higher the national median of $78,538.

What is the poverty rate in Forest Lake CDP, IL?

The poverty rate in Forest Lake CDP is 5.3%. This means approximately 96 residents live below the federal poverty line.

What is the racial makeup of Forest Lake CDP, Illinois?

Forest Lake CDP's population is 70.9% White, 0.0% Black, 23.6% Hispanic/Latino, and 5.5% Asian.

What is the median home value in Forest Lake CDP, IL?

The median home value in Forest Lake CDP is $318,300. The home-value-to-income ratio is 3.4x.

How educated is Forest Lake CDP, Illinois?

52.4% of adults (25+) in Forest Lake CDP hold a bachelor's degree or higher, and 14.8% hold a graduate or professional degree.