Washington Circle / Lake Forest College median real estate price is $1,011,431, which is more expensive than 95.3% of the neighborhoods in Illinois and 86.0% of the neighborhoods in the U.S.
The average rental price in Washington Circle / Lake Forest College is currently $2,636, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.1% of the neighborhoods in Illinois.
Washington Circle / Lake Forest College is a suburban neighborhood (based on population density) located in Lake Forest, Illinois.
Washington Circle / Lake Forest College real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Washington Circle / Lake Forest College neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 9.9% in Washington Circle / Lake Forest College. NeighborhoodScout analysis shows that this rate is lower than 41.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Lake Forest, the Washington Circle / Lake Forest College neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.6% of America's neighborhoods are wealthier than the Washington Circle / Lake Forest College neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Washington Circle / Lake Forest College also has one of the lowest ratings of child poverty in the nation.
In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 54.3% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.6% of U.S. neighborhoods, where the average American neighborhood has 12.7% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
Also, a majority of the adults in the Washington Circle / Lake Forest College neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Illinois by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.7% of the neighborhoods in Illinois. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for college students, urban sophisticates and active retirees.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 28.1% of the Washington Circle / Lake Forest College neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.7% of America's neighborhoods.
Also, more people in Washington Circle / Lake Forest College choose to walk to work each day (11.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
The Washington Circle / Lake Forest College neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.4% of the neighborhoods in America. In fact, 70.1% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Furthermore, the Washington Circle / Lake Forest College neighborhood has a greater proportion of government workers living in it than 95.0% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
Did you know that the Washington Circle / Lake Forest College neighborhood has more Austrian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Austrian ancestry and 6.8% have Scottish ancestry.
Washington Circle / Lake Forest College is also pretty special linguistically. Significantly, 0.6% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Washington Circle / Lake Forest College neighborhood in Lake Forest are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.4% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Washington Circle / Lake Forest College neighborhood, 70.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 14.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.7%), and 12.6% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Washington Circle / Lake Forest College neighborhood is English, spoken by 87.7% of households. Some people also speak Spanish (3.6%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Washington Circle / Lake Forest College neighborhood in Lake Forest, IL, residents most commonly identify their ethnicity or ancestry as German (22.3%). There are also a number of people of Irish ancestry (13.5%), and residents who report English roots (9.4%), and some of the residents are also of French ancestry (7.2%), along with some Scottish ancestry residents (6.8%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Washington Circle / Lake Forest College neighborhood spend between 45 minutes and one hour commuting one-way to work (40.0% of working residents), longer and tougher than most commutes in America.
Here most residents (45.0%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (28.1%) and 11.5% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2020 (latest available). Updated annually. Please note: Unemployment data updated November 2022.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). Updated annually. Where is 2022 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
| School Details | Grades | Quality Rating Compared to IL* | Quality Rating Compared to Nation* |
|---|---|---|---|
|
Deer Path Middle School West
155 W Deerpath Lake Forest, IL 60045 |
07-08 | ||
|
Sheridan Elem School
1360 N Sheridan Rd Lake Forest, IL 60045 |
PK-04 | ||
|
Deer Path Middle School East
95 W Deerpath Lake Forest, IL 60045 |
05-06 | ||
|
Lake Forest High School
1285 N Mc Kinley Rd Lake Forest, IL 60045 |
09-12 | ||
| * 10 is highest | |||
Analytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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