Living in Forest Park, Illinois
Cost of living, income, home prices, rent and demographics of Forest Park · Census data 2020–2024
Forest Park has 13,943 residents with a median age of 40. The median household income is $77,221 (7% lower than the Illinois median), the median home value is $304,700, the median rent is $1,367/month.
Forest Park at a glance
- Population
- 13,943
- Median age
- 40State: 39
- Median household income
- $77,221State: $83,390
- Median home value
- $304,700State: $263,300
- Median rent
- $1,367/moState: $1,274
- Homeowners
- 52.8%
- Bachelor's degree or higher
- 51.5%
- Average commute
- 27 min
Is Forest Park a good place to live?
Pros: An average commute of 27 minutes; unemployment of 4.5%; a poverty rate of 11.6%.
Cons: Median household income 7% lower than the Illinois median; home values 16% higher than the state median.
The weather is best in June to September.
Cost of living in Forest Park
Housing is the biggest part of the cost of living. In Forest Park the median home value is $304,700, 8% lower than the U.S. median. Renters pay a median of $1,367 per month, which is 28.4% of household income. Homeowners with a mortgage pay $2,153 a month in housing costs.
Forest Park median household income
The median household income in Forest Park is $77,221 and the income per person is $54,640. 11.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Forest Park: homes for sale and rent
- Housing units
- 7,649
- Owner-occupied
- 52.8%
- Renter-occupied
- 47.2%
- Vacant
- 7.4%Includes seasonal homes
- Median year built
- 1949
- Average household size
- 1.92
Forest Park demographics
- Population
- 13,943
- Median age
- 40
- Under 18
- 16.3%
- 65 and older
- 19%
- Households
- 7,085
- Foreign-born
- 12.1%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Forest Park ›
Education in Forest Park
51.5% of adults 25 and older in Forest Park have a bachelor's degree or higher (Illinois: 37.8%), and 22.9% have a graduate or professional degree.
Jobs and commute in Forest Park
- Unemployment rate
- 4.5%State: 5.8%
- Average commute
- 27 minState: 28 min
- Work from home
- 24.2%
- Drive alone
- 54.5%
- Public transit
- 5.6%
- Walk to work
- 6.9%
- Homes with broadband
- 92.8%
Forest Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Forest Park | 13,943 | $77,221 | $304,700 | $1,367 |
| North Riverside | 7,249 | $77,170 | $297,800 | $1,301 |
| Maywood | 23,201 | $68,815 | $229,800 | $1,209 |
| River Forest | 11,992 | $146,786 | $687,300 | $1,554 |
| Oak Park | 53,292 | $110,820 | $465,500 | $1,593 |
| Berwyn | 55,595 | $78,408 | $299,800 | $1,215 |
| Broadview | 7,896 | $64,697 | $252,200 | $1,099 |
| Riverside | 9,039 | $153,686 | $491,400 | $1,484 |
| Bellwood | 18,256 | $79,513 | $230,000 | $1,293 |
More for people moving to Forest Park
Forest Park ZIP code ›Weather and climate ›Living in Forest Park: FAQ
What is the median household income in Forest Park, IL?
The median household income in Forest Park is $77,221, 7% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Forest Park?
The median home value in Forest Park is $304,700, compared with $263,300 in Illinois.
How much is rent in Forest Park?
The median gross rent in Forest Park is $1,367 per month, about 28.4% of household income.
Is Forest Park, IL a good place to live?
Pluses: an average commute of 27 minutes; unemployment of 4.5%; a poverty rate of 11.6%. Minuses: median household income 7% lower than the Illinois median; home values 16% higher than the state median.
What is the median age in Forest Park?
The median age in Forest Park is 40 years (Illinois: 39).
How long is the commute in Forest Park?
The average commute to work in Forest Park is 27 minutes; 24.2% of workers work from home.
What is the unemployment rate in Forest Park?
The unemployment rate in Forest Park is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Forest Park?
51.5% of adults in Forest Park have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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