Income & Economy in Lake Forest city, IL (60045)
Median Income
$225,551
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,167
Wealth inflow
Population
20,957
Unemployment
2.1%
1.6pp below US avg
IRS migration statistics show a net inflow of about 1,167 for ZIP 60045 (Lake Forest city, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 60045 (2020–Present)
Since 2020, population declined 2.3%, median income rose 1.4% (inflation-adjusted), home values decreased 5.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $225,551 |
| Unemployment | 2.1% |
| Establishments | 940 |
| Employees | 24,318 |