Lake ForestCalifornia

Lake Forest Population Demographics

According to US population projections for 2022, the estimated population of Lake Forest is 85,732. 21.36% is under 18, while 15.55% is over 65.

A closer look at the age demography reveals that 6.17% of the population was five years old or younger, 21.36% were 18 years or younger and 30.01% were aged 65 years and over. The gender split in the state was nearly even, with 50.02% female and 49.98% male.

Lake Forest Housing

According to the US Census, Lake Forest has 32,522 housing units. The average owner-occupied housing unit rate in Lake Forest was 95.20%. At the same time, the city's median value of owner-occupied homes was $804,400

Lake Forest Racial Demographics

In 2020, the US Census estimated that White Alone and Asian Alone constitute 71.63% of Lake Forest's population. Residents of the city who were Some Other Race Alone, made up 10.94% of the total population.

Other racial groups include Black Or African American Alone, constituting 1.67% of the city's population and American Indian And Alaska Native Alone at 1.04%

How Educated is Lake Forest

According to Census estimates, in 2021, 32.4% of Lake Forest residents had a bachelor's degree, while 16.0% had a graduate or professional degree.

Overall, 48.40% of residents have a bachelor's degree or higher.

Average Income in Lake Forest

The median household income in Lake Forest is $108,838. This figure is significantly (approximately 0.00%) less than the state average of $108,838.

Estimates by family type revealed that families earned an average of $140,514 per year, while married-couple families earned an average of $151,333.

A closer examination of the income groups of Lake Forest households revealed that the largest income group consisted of households with an annual income between $200,000. Other groups with yearly high household incomes include those between $100,000 and $149,999 (19.5%) and those with incomes exceeding $200,000 (20.5%). 3.7% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family