Is Lake Forest Park, Washington a Good Place To Live? - Living In Lake Forest Park, WA

Is Lake Forest Park, Washington a good place to live?
Lake Forest Park is a city in Washington state in USA with a population of 13455 residents.. The poverty rate of Lake Forest Park is 3%, which is 79% lower than national average. The typical household in Lake Forest Park earns $138043 a year, compared to the national median of $67,500. Nearly 11% 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 Park, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Forest Park remained 4.1%, which is 13% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Forest Park, only 61% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Lake Forest Park is 156, which is 56% higher than national average. Median home value in Lake Forest Park is $676400 , which is 194% higher than national average. While median income in Lake Forest Park remained $138043, which is 105% 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
13455
Unemployment
4.1%
13% NAT AVG.
Poverty
3%
79% NAT AVG.
Overall Score
9.5
Median Home Cost
$676400
194% NAT AVG.
Median Income
$138043
105% NAT AVG.
Median Rent
$1740
50% NAT AVG.
Cost Of Living
156
56% NAT AVG.
People Living BPL
1 in 33
Unemployed People
1 in 24
People Earning < $10,000
1 in 77
People Earning < $50,000
11%
People with <= High School
1 in 7.7
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs85%

Housing95%

Affordability70%

Safety80%

Amenities90%

Diversity80%

Education95%

Commute40%