There are 19 retirement homes serving Lake Forest, Illinois. This includes 1 in Lake Forest and 18 nearby. The mean daily cost for retirement home care in Illinois is $70, with costs ranging between $19 and $119 daily. On a monthly basis, this equates to a median cost of $2,092, with costs ranging from about $576 to $3,575. The mean annual cost is $25,109, which is higher than the US average of $23,100.
The cost for retirement home care in Lake Forest generally ranges from around $1,645 per month up to $5,033 per month. The average cost is approximately $2,692 per month, or about $32,307 annually.
Located within Lake County, Lake Forest is a small city in the State of Illinois. It is included in the Chicago-Naperville-Joliet metropolitan statistical area. It has a total population of 20,925, with 6,987,494 inhabitants in the encompassing statistical area. Those who are 55 and over make up around 32% of the total population.
Lake Forest has an outstanding SeniorScore™ of 84. The city has an average per capita income of $86,000. The mean household income is $133,000 compared to the average of $54,000 for the whole of Illinois. The current unemployment rate is around 7.16% and the mean housing price is $1,215,000, which is significantly higher than the Illinois average of $187,500.
Lake Forest has very harsh average temperatures, with cold winters and mildly warm summers. The area gets low amounts of precipitation each year. Lake Forest has average water quality ratings, better than average air quality ratings, and an exceptionally low rate of crime in comparison to other cities in the US.