Most Expensive Lake Forest Park Neighborhoods
Lake Forest Park is a somewhat small city located in the state of Washington. With a population of 13,184 people and four constituent neighborhoods, Lake Forest Park is the 70th largest community in Washington.
Lake Forest Park home prices are not only among the most expensive in Washington, but Lake Forest Park real estate also consistently ranks among the most expensive in America.
Lake Forest Park is a decidedly white-collar city, with fully 88.93% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Forest Park is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Lake Forest Park who work in management occupations (15.42%), office and administrative support (10.45%) and sales jobs (9.85%).
Also of interest is that Lake Forest Park has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Lake Forest Park is also a city of artists. Lake Forest Park has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lake Forest Park’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.22% 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.
Because of many things, Lake Forest Park 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 Park really has some of the features that families look for when choosing a good community to raise children. Is Lake Forest Park 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.
In Lake Forest Park, however, the average commute to work is quite long. On average, people spend 31.61 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Even though Lake Forest Park is a smaller city, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you like to read, write and learn? If you move to Lake Forest Park, you'll likely find that many of your neighbors like to as well. Lake Forest Park is one of the more educated communities in America, with a full 56.65% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Lake Forest Park in 2010 was $49,263, which is wealthy relative to Washington and the nation. This equates to an annual income of $197,052 for a family of four.
Lake Forest Park is a somewhat ethnically-diverse city. The people who call Lake Forest Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Forest Park residents report their race to be White, followed by Asian. Important ancestries of people in Lake Forest Park include German, English, Irish, Norwegian, Italian and French.
The most common language spoken in Lake Forest Park is English. Some people also speak Chinese.
|LAKE FOREST PARK INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||5,183|
|LAKE FOREST PARK HOME OWNERSHIP|
|% OWNER OCCUPIED||79.54%|
|% RENTER OCCUPIED||20.46%|
|TYPE OF LAKE FOREST PARK HOMES|
|SINGLE FAMILY DETACHED||85.15%|
|ROWHOUSES AND ATTACHED HOMES||1.66%|
|SMALL APARTMENT BUILDINGS||1.33%|
|COMPLEXES OR HIGH RISE APARTMENTS||11.30%|
|SIZE OF LAKE FOREST PARK HOMES|
|5 OR MORE BEDROOMS||12.05%|
|AGE OF LAKE FOREST PARK HOMES|
|NEWER HOMES (2000 OR LATER)||4.31%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||41.54%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||47.11%|
|HISTORIC (1939 OR BEFORE)||7.04%|
|LAKE FOREST PARK REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$600,432|
|MEDIAN RENTAL PRICE||$1,635|
|HOME VALUE RANGE|
|$0 - $70,000||1.36%|
|$70,001 - $140,000||1.03%|
|$140,001 - $280,000||4.23%|
|$280,001 - $420,000||11.33%|
|$420,001 - $559,000||24.22%|
|$559,001 - $699,000||29.32%|
|$699,001 - $1,049,000||21.45%|
|$1,049,001 - $1,399,000||4.21%|
|PEOPLE OF LAKE FOREST PARK||DETAILS|
|UNDER 5 YEARS||5.16%|
|5 TO 17||13.41%|
|18 TO 24||7.45%|
|25 TO 34||10.09%|
|35 TO 54||26.96%|
|55 TO 64||19.15%|
|65 YEARS AND OVER||17.78%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.31%|
|MEDIAN HOUSEHOLD INCOME||$90,495|
|PER CAPITA INCOME||$49,263|
|INDIVIDUALS BELOW POVERTY LEVEL||6.78%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (16.08%)
Public Service (5.51%)
Information Technology (3.63%)
Real estate (2.86%)
|BLACK OR AFRICAN AMERICAN||2.64%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.06%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.35%|
|SOME OTHER RACE ALONE||1.34%|
|TWO OR MORE RACES||5.47%|
|HISPANIC OR LATINO (OF ANY RACE)||3.86%|
|ETHNICITIES PRESENT||German (18.64%)
|LANGUAGES SPOKEN||English (87.89%)
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