CitytisticsShortlist

Franklin Farm, VA vs Lake Forest, IL

Franklin Farm

Virginia

vs

Lake Forest

Illinois

Across 35 directional measures we can compare, Franklin Farm leads on 14 and Lake Forest on 21. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 45% higher in Franklin Farm, while median household income is higher in Lake Forest.

Median gross rent
$2,625$1,815
Franklin Farm is 45% higher
Median household income
$215,544$235,081
Franklin Farm is 8% lower
Median home value
$829,600$938,300
Franklin Farm is 12% lower

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $183,600 a year left in Franklin Farm and $209,400 in Lake Forest. Money goes further in Lake Forest, by about $25,800 a year.
  • A household earning Franklin Farm's median of $215,544 would need about $209,000 in Lake Forest to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, pay outran rent by 3.6 points a year in Franklin Farm, and pay outran rent by 6.6 points a year in Lake Forest.

How these are calculated

IllinoisVirginiaLake Forest, ILFranklin Farm, VAFranklin FarmLake ForestFranklin FarmLake Forest

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Lake Forest, ILComposite 78.5 / 100
#27
72999991177175
02Franklin Farm, VAComposite 70.3 / 100
95
709098n/a3848n/a

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureFranklin FarmLake ForestAmong all places
Cost of living
Median gross rent1$2,625$1,815
Rent to income114.6%9.3%
Property tax rate11.0%n/a
Home price to income13.9x4.0x
Prices vs US average2108.9103.6
Fair market rent, 2 bedrooms3$2,438$2,011
HUD area median income4n/a$121,500
Housing
Property tax paid (median)1$8,257$10,001
Median home value1$829,600$938,300
Home prices, 1-year change52.1%6.7%
Home prices, 5-year change535.3%54.1%
Homeownership193.0%88.8%
Renters paying 30%+145.5%38.9%
Owner costs with a mortgage1$3,523$4,001
Vacant homes13.7%5.3%
Median year built119851976
Jobs and income
Median household income1$215,544$235,081
Income per person1$85,820$109,918
Unemployment13.4%1.8%
Average annual pay6$115,004$92,733
Pay growth, 1 year60.8%1.9%
Jobs6634,638325,826
Poverty rate11.5%3.5%
Mean commute127 min31 min
Works from home139.0%30.3%
Commutes by transit12.6%12.3%
People
Population118,73619,416
Population change since 20207n/a1.9%
Median age143.346.1
Bachelor's or higher178.7%80.5%
High school or higher197.7%98.1%
Household size13.02.6
Born abroad121.9%10.8%
No health insurance12.0%1.8%
Homes with broadband198.0%95.4%
Moving
Moved here in the past year12.6%10.4%
Moved from another state13.2%3.3%
Net movers per 1,000 people8-9.1-5.1
Income of households moving in8$105,657$134,445
Income of households moving out8$112,552$120,068
Local life
Restaurants and bars per 10k921.421.5
Shops per 10k921.429.4
Arts, recreation and fitness per 10k94.15.9
Doctors' offices and clinics per 10k926.624.7
Child care centers per 10k93.23.4
Parks per 10k1014.914.9
Playgrounds per 10k1033.624.7
Grocery stores per 10k101.63.1
Restaurants, cafes and bars per 10k108.013.4
Libraries per 10k100.02.1
Named paths and bike trails1019.127.1
Transit stops per sq mi100.20.6
Nearest National Park Service site117.439.5
National Park Service sites within 60 miles11402
National Register listings126620
Founded or incorporated13n/a1861
Safety
Violent crime per 100k14n/a20
Property crime per 100k14n/a482
Schools
Public schools152227
Public school students15174,4753,162
Students per teacher1513.810.1
Climate
July average high1688°F83°F
January average low1626°F16°F
Average temperature1656°F49°F
Annual precipitation1643.2 in36.8 in
Hazards and air
Natural hazard risk1794.796.0
Hurricane risk1793.018.2
Tornado risk1754.598.9
Wildfire risk1734.044.9
Heat wave risk1797.192.5
Median air quality index184239
Good air days1877.8%84.8%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Franklin Farm $105,000, Lake Forest $72,600 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Wikidata · Wikimedia Foundation (CC0) · Retrieved 2026-11
  14. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  15. Common Core of Data · National Center for Education Statistics · 2024 release
  16. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  17. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  18. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

Keep comparing

Other places people weigh against these two, and each one in full.