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Population Review

Lake Forest, Illinois Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of Lake Forest, Illinois is 19,190 as of the 2023 American Community Survey, making it the 128th-largest city in Illinois. The median household income is $228,120, the median home value is $909,800, and the median age is 46.1.

The population has grown 1.3% since 2010 (19,391 → 19,642).

19,190

Population

1116

People / sq mi

$228,120

Median Income

$909,800

Median Home Value

Lake Forest covers 17.2 sq mi of land at 1116 people per square mile.

About Lake Forest, IL

Lake Forest is a city in Illinois with a population of 19,190. It ranks #128 among cities in Illinois by population. The median age is 46.1, older than the national median. The population is 47.6% male and 52.4% female.

The median household income in Lake Forest is $228,120, above the US median of $74,580. 2.4% of residents live below the federal poverty level. Home values sit at a median of $909,800, with monthly rent averaging $2,120. The homeownership rate of 89.3% is higher than the national rate of 64.8%.

Educational attainment in Lake Forest reflects 80.8% of adults 25 and older holding a bachelor's degree or higher, above the national average of 34.3%. Roughly 27.8% of workers primarily work from home, noticeably above the national work-from-home rate of 14.2%. The average commute is 33.7 minutes each way.

Lake Forest city Population History (2010-2024)

The city of Lake Forest city had a population of 19,391 in 2010 and 19,642 in 2024, a 1.3% growth over 14 years. The peak was 19,642 in 2024. Average annual growth rate: 0.09%.

2024 · 20K20102024

19,642

Population (2024)

19,391

Population (2010)

19,642

Peak (2024)

0.09%

Avg Annual Growth

YearPopulation
201019,391
201119,378
201219,399
201319,467
201419,477
201519,424
201619,403
201719,598
201819,516
201919,446
202019,349
202119,329
202219,329
202319,499
202419,642

Race & Ethnicity

White84.6%
Black or African American0.9%
Asian0.0%
Hispanic or Latino (any race)0.8%
Two or More Races0.0%

Economy & Income

$228,120

Median Household Income

$110,436

Per Capita Income

2.4%

Poverty Rate

1.2%

Unemployment Rate

Housing

$909,800

Median Home Value

$2,120

Median Rent

89.3%

Owner-Occupied

Education

99.1%

High School+

80.8%

Bachelor's+

Commute

13.1%

Drive Alone

48.0%

Public Transit

27.8%

Work From Home

33.7 min

Avg Commute

Community Profile

33.1%

Foreign Born

87.4%

Non-English at Home

3.3%

Veterans

12.3%

With Disability

98.1%

Health Insurance

97.5%

Internet Access

Employment by Industry

Finance, Insurance & Real Estate24.2%
Professional, Scientific & Management21.3%
Information12.4%
Manufacturing9.0%
Education, Health Care & Social Services6.4%
Arts, Entertainment & Food Services4.6%
Public Administration4.0%
Retail Trade2.6%
Construction2.3%
Transportation & Warehousing1.9%
Agriculture & Mining0.1%

Largest cities in Illinois

Largest counties in Illinois

Part of Illinois

Metro areas in Illinois

City rankings

Frequently Asked Questions

Lake Forest, Illinois has a population of 19,190 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 128th-largest city in Illinois.

The median household income in Lake Forest, Illinois is $228,120, with 2.4% of residents living below the federal poverty level.

The median home value in Lake Forest, Illinois is $909,800, with median monthly rent at $2,120 and a homeownership rate of 89.3%.

The median age in Lake Forest, Illinois is 46.1 years. The population is 47.6% male and 52.4% female.

The population has grown 1.3% since 2010 (19,391 → 19,642).

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.