Paycheck Atlas

Lake Forest, IL

19,416Residents
$235,081Median household income
$1,815/moMedian gross rent
$938,300Median home value
46.1Median age
81%Adults with a bachelor’s degree or higher
89%Homes lived in by their owners
4.0×Home value to household income

Median rent takes about 9% of the median household income in Lake Forest.

What pay do you need to rent here?

To keep rent at or below 30% of gross pay, you would need about $73,000 a year. In Illinois that leaves roughly $4,714 a month after tax. See the full paycheck breakdown for $75,000.

Largest places in Illinois

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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.