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The total population of Park Forest is estimated to be 21,042 with 9,582 males (45.54%) and 11,460 females (54.46%). There are 1,878 more females than males in Park Forest.
The median household income in Park Forest was $63,403 in 2021, which marked an a decrease of 498(0.78%) from $63,901 in 2020. This income is 84.98% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Park Forest sees its highest median household income among householders in the age group of under 25 years old, at $142,951. Overall, the median household income for the village of Park Forest stands at $63,403.
In Park Forest, the median income for all workers aged 15 years and older, regardless of work hours, was $40,834 for males and $34,840 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,584 for males and $51,312 for females.
In Park Forest, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $65,665, while Some Other Race households represent the opposite end with the lowest median household income of $44,771.
In 2022, the population of Park Forest was 20,954, a 1.50% decrease year-by-year from 2021. Previously, in 2021, Park Forest's population was 21,273, a decline of 1.62% compared to a population of 21,624 in 2020.
The median age in Park Forest, IL is 37.0, as per 2021 ACS 5-Year Estimates. Of the total population, 19.73% were under the age of 15, 20.68% aged 15 to 29, 45.19% aged 30 to 64, 13.19% aged 65 to 84, and 1.22% were 85 years of age and older.
Racial distribution of Park Forest population: 21.81% are White, 69.71% are Black or African American, 1.03% are American Indian and Alaska Native, 0.41% are Asian, 4.99% are some other race and 2.04% are multiracial.