Chart Our Future City of Lake Forest Parks & Recreation Master Plan | Page 53

resdents served within 0.5-miles Income More than 40% of Lake Forest households earn more than $200,000 per year, over six times the percentage of people in this bracket at the state and national level. With a median income over double that of the state and national median, Lake Forest is financially well-off. However, 7.5% of the population makes less than the poverty line of $25,000 per year as defined by Illinois Legal Aid. Although this is far lower than the state and national percentages (20.4% and 21.5% respectively) it is still a significant number of Lake Forest residents. Median household incomes are expected to increase by an annual rate of 1.98 to $169,965 by 2021. ANALYZE: INVENTORY & ANALYSIS CITY OF LAKE FOREST PARKS AND RECREATION DEPARTMENT COMPREHENSIVE MASTER PLAN 53