City

Park Forest, IL

1 ZIP code  ·  Cook County  ·  Illinois

👥21,123Population
💰$63,132Median HH Income▼ 17% below avg
🎂37.0Median Age
🏠$106,100Median Home Value▼ 62% below avg
🎓35.6%College Grads▼ 8% below avg
📊7.1%Unemployment▲ 45% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 44.8% Female 55.2% ♀

Race & Ethnicity

White: 18.9%Hispanic: 8.8%Black: 69.2%Asian: 0.5%Other: 2.3%Race
White18.9%
Hispanic8.8%
Black69.2%
Asian0.5%
Other2.3%

Age Breakdown

Under 5
5%
5–17
20%
18–24
8%
25–44
29%
45–64
22%
65+
9%

Key Indicators

Median Age37.0 yrs
Avg HH Size2.47
Below Poverty17.0% ▲ 70% above avg
College Grads35.6% ▼ 8% below avg
Unemployment7.1% ▲ 45% above avg
No HS Diploma441 (3.3%)
HS Graduate3,367 (25%)
Some College1,462 (10.8%)
Associates3,421 (25.4%)
Bachelors1,263 (9.4%)
Graduate Degree3,536 (26.2%)

Education

No HS: 3.3%HS Grad: 25%Some College: 10.8%Associates: 25.4%Bachelors: 9.4%Graduate: 26.2%Edu
No HS3.3%
HS Grad25.0%
Some College10.8%
Associates25.4%
Bachelors9.4%
Graduate26.2%
Housing & Income

Housing Tenure

Owner: 64.9%Renter: 35.1%Tenure
Owner64.9%
Renter35.1%

Home Value Distribution

Under $50k
26%
$50k–$100k
20%
$100k–$150k
26%
$150k–$200k
14%
$200k–$300k
12%
$300k–$500k
2%
Over $500k
1%

Financials

Median HH Income$63,132 ▼ 17% below avg
Median Home Value$106,100 ▼ 62% below avg
Home/Income Ratio1.7x (nat avg ~3.5x)
Median Rent$1,341/mo
Total Housing Units9,103
Vacant Units802

Income Distribution

Under $25k
20%
$25k–$50k
18%
$50k–$75k
22%
$75k–$100k
14%
$100k–$150k
15%
$150k–$200k
9%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
84%
Public Transit
8%
Walked
1%
Work From Home
8%

Commute Time

Under 15 min
19%
15–30 min
29%
30–45 min
21%
Over 45 min
31%
Housing Stock

Year Built

Before 1940
5%
1940s–1950s
38%
1960s–1970s
4%
1980s–1990s
3%
2000+
50%
About Park Forest, IL

Park Forest is a city in Illinois, located in Cook County. The city spans 1 ZIP code and is home to approximately 21,123 residents. It is a relatively young city, with a median age of 37 years.

Economically, Park Forest is a solidly middle-class community. The median household income of $63,132 is below the national average. Approximately 17.0% of residents live below the poverty line. The unemployment rate is 7.1%, above the national average.

The real estate market in Park Forest is one of the more affordable housing markets in the country. Median home values stand at $106,100, which is well below the national average. Renters typically pay around $1,341 per month. Homeownership is high at 64.9%, typical of suburban and family-oriented communities.

The population of Park Forest is moderately educated. 35.6% of adults hold a bachelor's degree or higher — near the national average. The community is majority Black (69.24%).

Park Forest, IL offers residents a cost-conscious lifestyle within Illinois.

ZIP Codes in Park Forest
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
60466 21,123 $63,132 $106,100 $1,341 7.1% 35.6% 64.9%