Is Lake Forest, California a Good Place To Live? - Living In Lake Forest, CA

Is Lake Forest, California a good place to live?
Lake Forest is a city in California state in USA with a population of 84666 residents.. The poverty rate of Lake Forest is 6.5%, which is 54% lower than national average. The typical household in Lake Forest earns $112988 a year, compared to the national median of $67,500. Nearly 20.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lake Forest, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Forest remained 4.9%, which is 4% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Forest, only 50% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Lake Forest is 159, which is 59% higher than national average. Median home value in Lake Forest is $682700 , which is 197% higher than national average. While median income in Lake Forest remained $112988, which is 67% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
84666
Unemployment
4.9%
4% NAT AVG.
Poverty
6.5%
54% NAT AVG.
Overall Score
9
Median Home Cost
$682700
197% NAT AVG.
Median Income
$112988
67% NAT AVG.
Median Rent
$2121
83% NAT AVG.
Cost Of Living
159
59% NAT AVG.
People Living BPL
1 in 15
Unemployed People
1 in 20
People Earning < $10,000
1 in 33
People Earning < $50,000
20.8%
People with <= High School
1 in 5
People With Any Degree
1 in 1.7
Pros & Cons Overview

Jobs85%

Housing100%

Affordability40%

Safety80%

Amenities95%

Diversity95%

Education85%

Commute70%