Lake Forest Park is a somewhat small city located in the state of Washington. With a population of 13,504 people and four constituent neighborhoods, Lake Forest Park is the 70th largest community in Washington.
Lake Forest Park home prices are not only among the most expensive in Washington, but Lake Forest Park real estate also consistently ranks among the most expensive in America.
Lake Forest Park is a decidedly white-collar city, with fully 89.59% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Forest Park is a city of professionals, managers, and service providers. There are especially a lot of people living in Lake Forest Park who work in management occupations (15.45%), business and financial occupations (7.80%), and teaching (7.58%).
Also of interest is that Lake Forest Park has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.84% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Lake Forest Park is a great place for families with children to consider. First of all, many other families with children live here, making Lake Forest Park a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Forest Park has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Forest Park’s overall crime rate is lower than average for the country.
One downside of living in Lake Forest Park, however, is that residents on average have to contend with a long commute, spending on average 33.70 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
In Lake Forest Park, a lot of people use the bus to get to work every day though Lake Forest Park is a relatively small city. Those that ride the bus are primarily traveling out of town to good jobs in other cities.
Do you like to read, write and learn? If you move to Lake Forest Park, you'll likely find that many of your neighbors like to as well. Lake Forest Park is one of the more educated communities in America, with a full 60.10% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Lake Forest Park in 2018 was $58,030, which is wealthy relative to Washington and the nation. This equates to an annual income of $232,120 for a family of four.
Lake Forest Park is a very ethnically-diverse city. The people who call Lake Forest Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Forest Park residents report their race to be White, followed by Asian. Important ancestries of people in Lake Forest Park include German, English, Irish, Norwegian, and Swedish.
The most common language spoken in Lake Forest Park is English. Other important languages spoken here include Spanish and Chinese.