Living in Lake Forest Park, Washington
Cost of living, income, home prices, rent and demographics of Lake Forest Park · Census data 2020–2024
Lake Forest Park has 13,335 residents with a median age of 42.1. The median household income is $159,904 (63% higher than the Washington median), the median home value is $953,200, the median rent is $2,333/month.
Lake Forest Park at a glance
- Population
- 13,335
- Median age
- 42.1State: 38.3
- Median household income
- $159,904State: $98,141
- Median home value
- $953,200State: $564,600
- Median rent
- $2,333/moState: $1,760
- Homeowners
- 80.6%
- Bachelor's degree or higher
- 66%
- Average commute
- 28 min
Is Lake Forest Park a good place to live?
Pros: Median household income 63% higher than the Washington median; unemployment of 4.4%; a poverty rate of 4%.
Cons: Home values 69% higher than the state median; an average commute of 28 minutes.
The weather is best in June to September.
Cost of living in Lake Forest Park
Housing is the biggest part of the cost of living. In Lake Forest Park the median home value is $953,200, 187% higher than the U.S. median. Renters pay a median of $2,333 per month, which is 27.7% of household income. Homeowners with a mortgage pay $3,697 a month in housing costs.
Lake Forest Park median household income
The median household income in Lake Forest Park is $159,904 and the income per person is $81,118. 4% of residents live below the poverty line (Washington: 9.9%).
Housing in Lake Forest Park: homes for sale and rent
- Housing units
- 5,469
- Owner-occupied
- 80.6%
- Renter-occupied
- 19.4%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.53
Lake Forest Park demographics
- Population
- 13,335
- Median age
- 42.1
- Under 18
- 19.7%
- 65 and older
- 18.2%
- Households
- 5,256
- Foreign-born
- 12.5%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Forest Park ›
Education in Lake Forest Park
66% of adults 25 and older in Lake Forest Park have a bachelor's degree or higher (Washington: 39.6%), and 28.7% have a graduate or professional degree.
Jobs and commute in Lake Forest Park
- Unemployment rate
- 4.4%State: 5.1%
- Average commute
- 28 minState: 27 min
- Work from home
- 32.4%
- Drive alone
- 52.4%
- Public transit
- 3.9%
- Walk to work
- 2.2%
- Homes with broadband
- 95.9%
Lake Forest Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Forest Park | 13,335 | $159,904 | $953,200 | $2,333 |
| Kenmore | 23,741 | $139,764 | $920,800 | $1,949 |
| Brier | 6,545 | $132,045 | $866,600 | $2,318 |
| Shoreline | 61,431 | $112,751 | $811,100 | $1,985 |
| Mountlake Terrace | 23,104 | $107,687 | $667,300 | $2,004 |
| Esperance | 4,189 | $148,640 | $790,700 | $2,463 |
| Alderwood Manor | 10,266 | $105,181 | $700,900 | $1,919 |
| Bothell West | 22,029 | $153,449 | $824,900 | $2,511 |
| Bothell | 49,610 | $140,427 | $925,100 | $2,346 |
More for people moving to Lake Forest Park
Lake Forest Park ZIP code ›Weather and climate ›Living in Lake Forest Park: FAQ
What is the median household income in Lake Forest Park, WA?
The median household income in Lake Forest Park is $159,904, 63% higher than the Washington median of $98,141 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Forest Park?
The median home value in Lake Forest Park is $953,200, compared with $564,600 in Washington.
How much is rent in Lake Forest Park?
The median gross rent in Lake Forest Park is $2,333 per month, about 27.7% of household income.
Is Lake Forest Park, WA a good place to live?
Pluses: median household income 63% higher than the Washington median; unemployment of 4.4%; a poverty rate of 4%. Minuses: home values 69% higher than the state median; an average commute of 28 minutes.
What is the median age in Lake Forest Park?
The median age in Lake Forest Park is 42.1 years (Washington: 38.3).
How long is the commute in Lake Forest Park?
The average commute to work in Lake Forest Park is 28 minutes; 32.4% of workers work from home.
What is the unemployment rate in Lake Forest Park?
The unemployment rate in Lake Forest Park is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Forest Park?
66% of adults in Lake 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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