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Park Forest, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

During the 2020–2024 ACS period, Park Forest, Illinois had a total population of 21,156, the 114th largest village in Illinois, with a median household income of $61,072, which is 27% lower than the state average. The poverty rate is 17.6%.

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

Key Takeaways

Park Forest Quick Facts

Population 21,156
Median Household Income $61,072
Median Home Value $115,300
Poverty Rate 17.6%
Unemployment Rate 8.7%
Median Age 36.9 years
Homeownership Rate 65.8%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 24.3%
High School Graduation Rate 91.6%
Diversity Index 50/100
Population 21,156 114th of 1,445
Median Income $61,072 below average
Poverty Rate 17.6% 42% higher than national
Median Home Value $115,300 average

How Park 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
Population20,89821,156+1.2%
Median household income$62,305$61,072-2.0%
Median home value$106,200$115,300+8.6%

How Park Forest Compares

Economy & Housing

Household Income Distribution

Under $25K 16.8%
$25K-$50K 26.2%
$50K-$100K 28.4%
$100K+ 28.6%
Detailed income brackets
Under $10K
6.2%
$10K-$15K
2.9%
$15K-$20K
3.0%
$20K-$25K
4.6%
$25K-$30K
5.4%
$30K-$35K
3.8%
$35K-$40K
6.2%
$40K-$45K
5.5%
$45K-$50K
5.3%
$50K-$60K
5.8%
$60K-$75K
12.6%
$75K-$100K
10.0%
$100K-$125K
10.4%
$125K-$150K
4.7%
$150K-$200K
10.6%
$200K+
2.8%

Employment

8.7% Unemployment Rate State: 5.8%|National: 5.2%
62.5% Labor Force Participation

Housing Overview

Owner 65.8%
Renter 34.2%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $1,365/mo 26.8% of median household income annually

People & Demographics

Diversity Index

50out of 100
Moderate Diversity

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

State average: 61 | National average: 61

Education

Park Forest Rankings in Illinois

#114 Population of 1,445
#889 Median Income of 1,374
#446 Education of 1,444
#734 Home Value of 1,372

Other Cities in Cook County

CityPopulationMedian IncomePovertyHome Value
Chicago 2,711,226 $77,902 16.8% $334,100
Elgin 114,934 $90,282 9.8% $273,000
Cicero 82,797 $70,842 14.6% $249,400
Schaumburg 76,868 $97,514 5.7% $330,400
Evanston 76,340 $96,434 11.8% $481,200
Arlington Heights 76,005 $116,723 6.0% $414,500
Palatine 66,293 $97,819 8.2% $355,600
Skokie 66,219 $95,337 9.7% $387,200
Des Plaines 59,156 $97,875 6.0% $335,600
Orland Park 57,916 $98,910 7.3% $367,200

Cities Similar to Park Forest

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
East Moline20,904$61,779$134,60021.2%19.8%
Blue Island21,741$59,489$178,70020.7%17.1%
Dolton20,825$57,887$151,30022.7%21.7%
Loves Park23,502$61,868$160,40025.7%14.4%
Crest Hill20,628$73,033$232,90023.9%12.0%

Population Overview

Park Forest is a small city located in Illinois, within Cook County. The total population is 21,156. It ranks as the 114th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Park Forest is 36.9 years. This is 5% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Park Forest is $61,072. This is 27% lower than the state median of $83,390. It is also 24% lower than the national median of $80,734. The poverty rate stands at 17.6%. This is 49% higher than the state poverty rate of 11.8%. The unemployment rate is 8.7%. This is 48% higher than the state rate of 5.8%. The median home value is $115,300. Housing costs are 56% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.9x, Park Forest is one of the most affordable housing markets in the area. 65.8% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Park Forest is Black or African American, making up 67.4% of the population. White (non-Hispanic) residents account for 19.7%. The White (non-Hispanic) population (19.7%) is well below the state average of 58.1%. The Black or African American population is significantly higher than the state average (67.4% vs 13.3%). The Asian population (0.4%) is well below the state average of 5.9%.

Education

24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.6%.

Data Sources & Methodology

All demographic data for Park Forest, Illinois 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 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. 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 Park Forest, Illinois?

Park Forest, Illinois has a population of 21,156 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Park Forest, IL?

The median household income in Park Forest is $61,072, which is 24% lower than the national median of $80,734.

What is the poverty rate in Park Forest, IL?

The poverty rate in Park Forest is 17.6%. This means approximately 3,715 residents live below the federal poverty line.

What is the racial makeup of Park Forest, Illinois?

Park Forest's population is 19.7% White, 67.4% Black, 9.7% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Park Forest, IL?

The median home value in Park Forest is $115,300. The home-value-to-income ratio is 1.9x.

How educated is Park Forest, Illinois?

24.3% of adults (25+) in Park Forest hold a bachelor's degree or higher, and 8.8% hold a graduate or professional degree.