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    AI-Generated Neighborhood Summary

    Location Overview and Crime Rate:

    Lake Forest, located in Orange County, California, is known for its suburban feel. The area tends to have a lower crime rate compared to other parts of California, making it a relatively safe place to live. Lake Forest is well-regarded for its community-oriented atmosphere and has a variety of neighborhoods that provide a family-friendly environment.

    Schools, Parks, and Amenities:

    Lake Forest is served by the Saddleback Valley Unified School District, which generally receives above-average ratings. The city offers a variety of amenities, including parks such as the Lake Forest Sports Park and Heritage Hill Historical Park. For families, there are several schools, both public and private, and plenty of recreational options. Grocery stores and shopping centers like the Arbor on El Toro provide convenient shopping opportunities. The city is not a major tourist hub but is close to attractions such as the Irvine Spectrum Center and the beaches of Orange County.

    Economic Overview and Job Growth:

    The average household income in Lake Forest and nearby neighborhoods is generally above the national average, indicative of a relatively affluent area. Job growth in Lake Forest has been positive, supported by its proximity to major business centers in Orange County. The property at 23442 El Toro Rd is centrally located, making it convenient for those commuting to nearby cities like Irvine and Mission Viejo. Overall, Lake Forest offers a good blend of residential comfort and access to employment opportunities, which contributes to its appeal as a desirable place to live.

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    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $349,600

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $73,333
    Nat'l Avg: $69,021

    Percent Under Poverty

    15%
    Nat'l Avg: 12%

    Median Contract Rent

    $1,950
    Nat'l Avg: $988

    Owners vs Renters

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    Vacant Housing Units

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    Unemployment Rate

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    College Degree

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    Dominant Race

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    Married-Couple Families

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    Owners Without Morgages

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    Mortgage ≥ 30% Income

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    Rent ≥ 30% Income

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    Non-US Citizens

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    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Serrano Creek Park

    0.5 miles

    Saddleback Memorial Medical Center

    4 miles

    Ralphs Grocery Store

    0.3 miles

    Peppino's Italian Family Restaurant

    0.2 miles

    24 Hour Fitness

    0.4 miles

    John Wayne Airport

    11 miles

    El Toro High School

    0.8 miles

    The Orchard Shopping Center

    0.2 miles

    Lake Forest Police Department

    1.5 miles

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The median property value in Lake Forest, CA increased from $836,800 in 2022 to $876,300 in 2023, marking a 4.72% rise.
    The median household income in Lake Forest grew from $128,358 in 2022 to $131,378 in 2023, reflecting a 2.35% increase.
    The population of Lake Forest remained stable between 2020 and 2023, with a slight increase from 85,858 to 85,840.
    The homeownership rate in Lake Forest was 70.7% in 2023, slightly up from 70.3% in 2022. These trends indicate a steady growth in property values and household income, alongside stable population and homeownership rates in Lake Forest, CA.

    Custom Narratives

    Lake Forest's median home value reached $1,225,774 in early 2025, marking a 9.9% increase over the past year, indicating a strong and appreciating real estate market.
    The city's median household income rose to $131,378 in 2023, reflecting a 2.35% annual growth, suggesting a robust local economy supporting higher property values.
    With a diverse population comprising 46.3% White, 25.6% Hispanic, and 20.3% Asian residents, Lake Forest offers a multicultural community appealing to a broad range of homebuyers.
    The homeownership rate stands at 70.7%, coupled with a median age of 40.4 years, indicating a stable, family-oriented environment conducive to long-term investments. These insights highlight Lake Forest's dynamic real estate market and its appeal to prospective homeowners seeking a diverse and economically vibrant community.

    Green Flags

    Located near parks and nature reserves
    Access to shopping and dining options
    Proximity to quality schools
    Friendly and welcoming community

    Red Flags

    Congested traffic in peak hours
    Expensive cost of living
    Limited public transportation options
    Potential noise from nearby commercial areas
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

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    Historical Flooding

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