Housing & Real Estate — Lake Forest, Illinois
Overview
| Total Housing Units | 7,303 |
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| Occupied | 6,874 |
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| Vacant | 429 |
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| Owner-Occupied | 6,140 |
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| Renter-Occupied | 734 |
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| Median Home Value (Census) | $938,300 |
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| Estimated 2026 | ~$1,007,000 |
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| Median Rent | $2,120/mo |
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| Median Property Tax | $10,001/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 10.8% |
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| Severely Rent-Burdened | 32.9% |
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Housing Age
| Built 2010 or later | 452 |
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| Built 2000-2009 | 901 |
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| Built 1990-1999 | 866 |
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| Built before 1960 | 2,258 |
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| Median Year Built | 1976 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
