Park Forest village, Illinois Demographics & Population 2026
As of 2026, Park Forest village, Illinois has a total population of 20,898, the 116th largest city in Illinois, with a median household income of $62,305, which is 24% lower than the state average. The poverty rate is 17.2%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.7x.
Park Forest village Quick Facts
How Park Forest village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Park Forest village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Park Forest village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| East Moline city | 20,837 | $63,328 | $135,300 | 21.0% | 18.1% |
| Dolton village | 20,979 | $58,706 | $140,500 | 22.7% | 20.4% |
| Crest Hill city | 19,754 | $71,408 | $222,600 | 21.5% | 10.9% |
| Blue Island city | 23,416 | $60,965 | $169,800 | 19.3% | 16.1% |
| Loves Park city | 23,185 | $58,633 | $144,900 | 24.9% | 15.0% |
Population Overview
Park Forest village is a small city located in Illinois. The total population is 20,898. It ranks as the 116th most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Park Forest village is 36.9 years. This is 5% lower than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Park Forest village is $62,305. This is 24% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 17.2%. This is 47% higher than the state poverty rate of 11.7%. The unemployment rate is 7.2%. This is 24% higher than the state rate of 5.8%. The median home value is $106,200. Housing costs are 58% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.7x, Park Forest village is one of the most affordable housing markets in the area. 64.5% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 66.8%.
Race & Ethnicity
The largest racial or ethnic group in Park Forest village is Black or African American, making up 69.5% of the population. White (non-Hispanic) residents account for 18.5%. The White (non-Hispanic) population (18.5%) is well below the state average of 58.8%. The Black or African American population is significantly higher than the state average (69.5% vs 13.6%). The Hispanic or Latino population (8.9%) is well below the state average of 18.5%. The Asian population (0.5%) is well below the state average of 5.8%.
Education
25.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 31% lower 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 91.2%.
Data Sources & Methodology
All demographic data for Park Forest village, 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 Park Forest village, Illinois?
Park Forest village, Illinois has a population of 20,898 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Park Forest village, IL?
The median household income in Park Forest village is $62,305, which is 21% lower the national median of $78,538.
What is the poverty rate in Park Forest village, IL?
The poverty rate in Park Forest village is 17.2%. This means approximately 3,575 residents live below the federal poverty line.
What is the racial makeup of Park Forest village, Illinois?
Park Forest village's population is 18.5% White, 69.5% Black, 8.9% Hispanic/Latino, and 0.5% Asian.
What is the median home value in Park Forest village, IL?
The median home value in Park Forest village is $106,200. The home-value-to-income ratio is 1.7x.
How educated is Park Forest village, Illinois?
25.8% of adults (25+) in Park Forest village hold a bachelor's degree or higher, and 10.6% hold a graduate or professional degree.