Most Expensive Lake Forest Neighborhoods
Lake Forest is a larger medium-sized city located in the state of California. With a population of 80,148 people and 15 constituent neighborhoods, Lake Forest is the 99th largest community in California.
Housing costs in Lake Forest are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.
Lake Forest is a decidedly white-collar city, with fully 87.35% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Forest is a city of sales and office workers, professionals and managers. There are especially a lot of people living in Lake Forest who work in sales jobs (14.28%), management occupations (12.78%) and office and administrative support (12.62%).
Also of interest is that Lake Forest has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Lake Forest is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Lake Forest really has some of the features that families look for when choosing a good community to raise children. Is Lake Forest perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
The citizens of Lake Forest are among the most well-educated in the nation: 44.12% of adults in Lake Forest have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Lake Forest in 2010 was $38,760, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $155,040 for a family of four. However, Lake Forest contains both very wealthy and poor people as well.
Lake Forest is an extremely ethnically-diverse city. The people who call Lake Forest home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Forest residents report their race to be White, followed by Asian. Lake Forest also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 23.99% of the city’s residents. Important ancestries of people in Lake Forest include German, Irish, English, Italian and French.
Lake Forest also has a high percentage of its population that was born in another country: 23.28%.
The languages spoken by people in Lake Forest are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Lake Forest is English. Other important languages spoken here include Spanish, Tagalog, Chinese and Vietnamese.
|LAKE FOREST INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||26,772|
|LAKE FOREST HOME OWNERSHIP|
|% OWNER OCCUPIED||69.77%|
|% RENTER OCCUPIED||30.23%|
|TYPE OF LAKE FOREST HOMES|
|SINGLE FAMILY DETACHED||54.58%|
|ROWHOUSES AND ATTACHED HOMES||16.20%|
|SMALL APARTMENT BUILDINGS||5.45%|
|COMPLEXES OR HIGH RISE APARTMENTS||19.67%|
|SIZE OF LAKE FOREST HOMES|
|5 OR MORE BEDROOMS||5.67%|
|AGE OF LAKE FOREST HOMES|
|NEWER HOMES (2000 OR LATER)||2.23%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||87.96%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||9.46%|
|HISTORIC (1939 OR BEFORE)||0.35%|
|LAKE FOREST REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$647,924|
|MEDIAN RENTAL PRICE||$2,053|
|HOME VALUE RANGE|
|$0 - $66,000||2.39%|
|$66,001 - $132,000||2.97%|
|$132,001 - $264,000||4.58%|
|$264,001 - $396,000||9.82%|
|$396,001 - $528,000||11.88%|
|$528,001 - $660,000||17.16%|
|$660,001 - $990,000||39.38%|
|$990,001 - $1,320,000||11.11%|
|PEOPLE OF LAKE FOREST||DETAILS|
|UNDER 5 YEARS||5.65%|
|5 TO 17||18.04%|
|18 TO 24||8.85%|
|25 TO 34||13.09%|
|35 TO 54||32.35%|
|55 TO 64||11.94%|
|65 YEARS AND OVER||10.07%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||91.77%|
|MEDIAN HOUSEHOLD INCOME||$92,781|
|PER CAPITA INCOME||$38,760|
|INDIVIDUALS BELOW POVERTY LEVEL||7.01%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (13.27%)
Professional, scientific, and technical services (9.74%)
Public Service (2.93%)
Real estate (2.52%)
Information Technology (2.39%)
|BLACK OR AFRICAN AMERICAN||2.12%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.58%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.47%|
|SOME OTHER RACE ALONE||10.26%|
|TWO OR MORE RACES||3.89%|
|HISPANIC OR LATINO (OF ANY RACE)||23.99%|
|ETHNICITIES PRESENT||German (14.43%)
|LANGUAGES SPOKEN||English (68.37%)
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