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Lake Forest City, Illinois Housing Analysis

   (County: Lake County)

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Housing Analysis

Everyone needs shelter in rented housing or individually owned homes. Each community, including Lake Forest City, Illinois, is different from the rest based on overall architecture, appearance, occupancy, average housing square footage, average home value, and average home age.





(updated 2010)



Household Type By Tenure
(Lake Forest City, Illinois)

Family households:

Married-couple family:

Owner-occupied housing units : 4,367

Renter-occupied housing units : 341

Other family:

Male householder, no wife present:

Owner-occupied housing units : 46

Renter-occupied housing units : 76

Female householder, no husband present:

Owner-occupied housing units : 264

Renter-occupied housing units : 67

Nonfamily households:

Owner-occupied housing units : 1,015

Renter-occupied housing units : 359


(updated 2013)



Mortgage Status By Age of Householder
(Lake Forest City, Illinois)

Housing units with a mortgage:

Householder 15 to 34 years : 112

Householder 35 to 44 years : 778

Householder 45 to 54 years : 1,073

Householder 55 to 59 years : 609

Householder 60 to 64 years : 558

Householder 65 to 74 years : 558

Householder 75 years and over : 166

Housing units without a mortgage:

Householder 15 to 34 years : 16

Householder 35 to 44 years : 88

Householder 45 to 54 years : 380

Householder 55 to 59 years : 230

Householder 60 to 64 years : 247

Householder 65 to 74 years : 357

Householder 75 years and over : 520


(updated 2013)



Gross Rent As A Percentage Of Household Income
(Lake Forest City, Illinois)

Less than 10.0 percent : 135

10.0 to 14.9 percent : 109

15.0 to 19.9 percent : 74

20.0 to 24.9 percent : 80

25.0 to 29.9 percent : 67

30.0 to 34.9 percent : 43

35.0 to 39.9 percent : 16

40.0 to 49.9 percent : 67

50.0 percent or more : 185

Not computed : 67


(updated 2013)



Median Value By Year Structure Built
(Lake Forest City, Illinois)

Built 2010 or later :

Built 2000 to 2009 : $1,000,001

Built 1990 to 1999 : $956,600

Built 1980 to 1989 : $904,400

Built 1970 to 1979 : $741,200

Built 1960 to 1969 : $784,700

Built 1950 to 1959 : $648,600

Built 1940 to 1949 : $815,800

Built 1939 or earlier : $815,200


(updated 2013)







Percentage of Family Households in Lake Forest City, Illinois: 77.6%

Percentage of Family Households in Illinois: 65.8%


(updated 2010)



Population in Group Quarters in Lake Forest City, Illinois

Institutionalized population


  • Nursing facilities/Skilled-nursing facilities : 5.74%

Noninstitutionalized population


  • College/University student housing : 84.06%
  • Other noninstitutional facilities : 10.19%


(updated 2010)







Building Permits in Lake Forest City, Illinois

* Units are useful in showing how many separate living spaces
were built. e.g. apartments, townhomes, condos, etc.

    Buildings Units Cost
1999        
  Single Family 123 123 $64,699,158
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

123 123 $64,699,158
2000        
  Single Family 122 122 $68,758,735
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

122 122 $68,758,735
2001        
  Single Family 88 88 $55,152,025
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

88 88 $55,152,025
2002        
  Single Family 87 87 $60,153,074
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

87 87 $60,153,074
2003        
  Single Family 48 48 $39,758,373
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

48 48 $39,758,373
2004        
  Single Family 91 91 $58,705,206
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

91 91 $58,705,206
2005        
  Single Family 74 74 $63,023,495
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

74 74 $63,023,495
2006        
  Single Family 27 27 $26,212,940
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

27 27 $26,212,940


(updated 2007)



Median Household Income In 2000 (Lake Forest City, IL): $136,462
Median Household Income In 2000 (Illinois): $46,590


(updated 2010)



Median House/Condo Value in 2000 (Lake Forest City): $638,800
Median House/Condo Value in 2000 (Illinois): $127,800


(updated 2010)



Median Gross Rent in 2000 (Lake Forest City): $1,005
Median Gross Rent in 2000 (Illinois): $605


(updated 2010)



Most Commonly Used Heating Fuel in Lake Forest City, Illinois

Utility Gas: 89.9%
Bottled, Tank, Or Lp Gas: 0.4%
Electricity: 9.6%
Fuel Oil, Kerosene, Etc.: 0.0%
Coal Or Coke: 0.0%
Wood: 0.0%
Solar Energy: 0.0%
Other Fuel: 0.1%
No Fuel Used: 0.1%


(updated 2010)





(updated 2010)





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