Income & Economy in Forrest, IL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$70,417

-4% vs national

Per Capita Income

$33,871

-9% vs national

Poverty Rate

14.7%

+8% vs national

Gini Index

0.3789

0 = perfect equality

Unemployment

0.6%

-88% vs national

SNAP Recipients

17.3%

of households

How Forrest Compares

Source: Census ACS (2023)

Forrest vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Forrest is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Forrest. The median household income here is $70,417.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
14.4%
$25-50K
17.3%
$50-75K
27.5%
$75-100K
13.8%
$100-150K
11.8%
$150-200K
13.1%
$200K+
2.2%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.6%

-89% vs IL avg

Labor Force

492

Employed

489

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

11.9%

of adults 25+

High School Diploma+

33.7%

of adults 25+

Median Age

32.6

Work from Home

4.7%

of workers

The median household income in Forrest, IL is $70,417, which is 3.8% below the national average of $73,224. Per capita income is $33,871. The poverty rate of 14.7% is higher than the IL state average of 12.0%. The Gini index of income inequality is 0.3789, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.6%, compared to the state average of 5.6%. 11.9% of adults hold a bachelor's degree or higher.