Lake Forest is a larger medium-sized city located in the state of California. With a population of 85,840 people and 14 associated neighborhoods, Lake Forest is the 97th 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 87.47% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Forest is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Lake Forest who work in management occupations (16.17%), office and administrative support (10.88%), and sales jobs (10.12%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.70% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. If knowledge is power, Lake Forest is a pretty powerful place. 50.06% of the adults in Lake Forest have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Lake Forest in 2022 was $58,506, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $234,024 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 25.64% of the city’s residents. Important ancestries of people in Lake Forest include German, English, Irish, Italian, and Scottish. Lake Forest also has a high percentage of its population that was born in another country: 27.32%. The most common language spoken in Lake Forest is English. Other important languages spoken here include Spanish and Chinese.
