Chart Our Future City of Lake Forest Parks & Recreation Master Plan | Page 52

Demographics The demographics review utilized the Environmental Systems Research Institute (ESRI) Business Analyst Online (BAO) software to gather up-to-date demographic data necessary to gain an understanding of the City and its context. Summary According to 2017 estimates, the City of Lake Forest has a population of 19,270, however, the City conducted a population count in 2017 that determined the population to be 19,375. The Department is using the City determined population and all other estimates were generated by ESRI. Census population numbers from 2010 indicate the population is growing at an annual rate of 0.11% and is expected to continue growing into 2022. The City’s growth is similar to the state growth rate (0.17%) but is far below the national rate (0.83%). There are an estimated 6,867 households within the City. According to the U.S. Census, a household “includes all the persons who occupy a housing unit as their usual place of residence.” Out of these households, 76.2% (5,230) are families. A family is defined as a household in which one or more people are related to the householder by birth, marriage or adoption. The average household size in Lake Forest is 2.65 people. This is expected to remain consistent. Age Distribution The median age of Lake Forest residents is 47.4 and the population is slowly aging in place. According to 2017 estimates, 20.6% of the population is over the age of 55. This is projected to increase to 23.6% of the population 52 by 2022, entirely due to growth in the 65+ age group. The increase in active adult and senior population growth mirrors that of the state and national trends and these populations are and will continue to be a major City demographic. The young adult and adult age groups (ages 25-44) are also projected to increase in the next five years. Conversely, ESRI anticipates that all age groups under 20 have decreased in population and will likely continue to do so. This trend has also been observed by the Lake Forest School District 67 enrollment projections. 2022 19,270 2017 *ESRI projected the 2017 population at 19,270 but the City of Lake Forest has a recorded population of 19,375. Other sources estimate the City of Lake Forest’s population as: - 19, 612 (U.S. Census QuickFacts - 18,881 (U.S. Census Reporter All demographics besides total population were generated using 2017 ESRI projections based on the decennial U.S. Census and annual studies. Race and Ethnicity According to ESRI, Lake Forest has a diversity index of 17.4. The Diversity Index captures the racial and ethnic diversity of a geographic area in a single number, 0 to 100, and allows for efficient analysis of diversity throughout the U.S. The Diversity Index is “the likelihood that two persons, selected at random from the same area, would belong to a different race or ethnic group.” According to demographic estimates, 90.3% of City residents indicate their race as White, which results in a low diversity index. The largest minority group within the City are Asian Americans, with 5.8% of the population reporting their race as “Asian Alone.” Additionally, 3.5% of the population identifies as Hispanic in addition to the race they reported as. CITY OF LAKE FOREST PARKS AND RECREATION DEPARTMENT COMPREHENSIVE MASTER PLAN CHAPTER 3