Forest Park, IL
Population 14,000 · Illinois
About Forest Park, IL
Forest Park is a mid-sized city in Illinois with a population of 14,000 residents. The median household income is $81,323 per year, which is above the national average. The median age in Forest Park is 40 years.
Housing in Forest Park has a median home value of $293,800 and median monthly rent of $1,352. Of the 7,777 total housing units, the majority are owner-occupied, with 3,773 owner-occupied and 3,262 renter-occupied units.
The unemployment rate in Forest Park is 5.1% and the poverty rate is 10.8%. 49.8% of residents hold a bachelor's degree or higher. The average commute time is 29.1 minutes.
Cost of Living in Forest Park, IL
Compared to national averages, Forest Park has a median household income of $81,323 (8% above the national median of $75,149). Home values average $293,800, which is 20% above the national median. Monthly rent at $1,352 is 16% above the US average of $1,163. Within Illinois, Forest Park's income is 8% above the state average of $75,072, and home values are 77% above the state median of $165,779.
Why Live in Forest Park, IL?
Forest Park offers a strong local economy with a median household income of $81,323, well above the national average, and a well-educated community where 49.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.8%, better than the national average.
Forest Park has a population of 14,000 with a median age of 40 years. Compare Forest Park with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Forest Park
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wauconda | 14,010 | $112,438 | $268,300 | Compare |
| Beach Park | 13,988 | $83,069 | $223,600 | Compare |
| Midlothian | 14,024 | $67,872 | $200,300 | Compare |
| Wood Dale | 13,926 | $90,408 | $303,400 | Compare |
| Shiloh | 14,109 | $100,058 | $276,900 | Compare |
| Channahon | 13,854 | $121,458 | $298,000 | Compare |
| Chicago Ridge | 14,147 | $69,389 | $217,800 | Compare |
| Warrenville | 14,232 | $99,028 | $266,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Forest Park
What is the population of Forest Park, IL?
The population of Forest Park, IL is 14,000 according to the latest Census data.
What is the median household income in Forest Park?
The median household income in Forest Park, IL is $81,323 per year.
What is the median home value in Forest Park?
The median home value in Forest Park, IL is $293,800.
What is the average rent in Forest Park?
The median monthly rent in Forest Park, IL is $1,352.
What is the unemployment rate in Forest Park?
The unemployment rate in Forest Park, IL is 5.1%.