Neighborhood in Round Rock, Williamson County

Living in Lake Forest, Round Rock

B+

10th of 25areas in Round Rock
Overall score 78 of 100 vs Texas neighborhoods
Round Rock overall: B+

Lake Forest is a neighborhood in Round Rock, TX, home to about 12,100 people. It gets a B+, in the top 28% of Texas neighborhoods, and ranks 10th of 25 areas we score in Round Rock. It does best on education levels and worst on cost of living.

  • Pricey
  • Lots of parks
  • Cost of living scores low (17 of 100)
  • Hail risk is very high

Closest everyday places

Grocery store0.8 mi
Pharmacy0.8 mi
Park0.2 mi
Cafe1.2 mi
Restaurant0.5 mi
Gym0.9 mi
Hospital or urgent care0.9 mi
Childcare0.8 mi
Library3.2 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
12,120
Median rent
$2,280
Median home value
$568,000
Household income
$161,600
Average commute
27 min
Homes owned
84%
Loading map

What it's like to live in Lake Forest

Lake Forest is a neighborhood in Round Rock with about 12,100 residents, mostly newer homes (median year built 2004), mostly owner-occupied (84%) and 51% of households with children.

Our grade for Lake Forest is B+. That puts it 10th of 25 areas we grade in Round Rock, a city that gets a B+ overall.

Pros of living in Lake Forest

  • Higher incomes. The median household earns $161,600, 63% higher than the Round Rock median.
  • Well-rated schools nearby. 3 of the 3 closest public schools are rated A or B.
  • Parks within walking distance. The closest park is about 0.2 miles away.

Cons of living in Lake Forest

  • Pricier rent than the city. Median rent is $2,280, 29% higher than the Round Rock median.
  • Natural hazard risk. FEMA rates the risk of hail as very high in this part of town.

Lake Forest report card

Each grade compares Lake Forest with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade D

    Median rent $2,280, homes cost 3.5x income.

    17 of 100 vs TX areas

  • Jobs and income: grade B+

    Median household income $161,600, 5.9% unemployed.

    75 of 100 vs TX areas

  • Schools: grade A-

    Nearby schools average 88 of 100 on the state rating.

    81 of 100 vs TX areas

  • Safety: no grade

    Citywide, 125 violent crimes per 100k, 1,446 property crimes per 100k.

    No score vs TX areas

  • Errands and things to do: grade C

    Some everyday stores and services within a mile of homes.

    41 of 100 vs TX areas

  • Getting around: grade C-

    Average commute 27 min, 31% work from home.

    33 of 100 vs TX areas

  • Education levels: grade A-

    62% have a bachelor’s degree.

    83 of 100 vs TX areas

  • Health: grade B

    9.8% of adults uninsured.

    69 of 100 vs TX areas

  • Home ownership: grade B+

    84% of homes owner-occupied.

    79 of 100 vs TX areas

  • Internet access: grade A-

    100% of homes have broadband.

    82 of 100 vs TX areas

Lake Forest compared with Round Rock

Better than Round Rock

  • Homes owned by the people living in them: 84%28 points higher than Round Rock (56%)
  • Median household income: $161,60063% higher than Round Rock ($99,287)
  • Adults with a bachelor's degree or higher: 62%17 points higher than Round Rock (45%)

Worse than Round Rock

  • Renters paying 30%+ of income on rent: 75%24 points higher than Round Rock (51%)
  • Median rent: $2,28029% higher than Round Rock ($1,763)
  • Average commute: 27 min10% higher than Round Rock (25 min)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • BForest Creek ElementaryElementary, Round Rock ISD1 mi
  • ARidgeview MiddleMiddle, Round Rock ISD1.4 mi
  • BCedar Ridge High SchoolHigh, Round Rock ISD2.2 mi

Cost of living in Lake Forest

Median rent in Lake Forest is $2,280 a month, 29% higher than the Round Rock median. A household would need about $91,000 a year to keep that rent at 30% of income.

The median home is worth $568,000, 36% higher than the Round Rock median, which means a monthly payment of about $3,828 with property tax at today's mortgage rates.

MeasureHereRound RockTexas
Median rent29% higher than Round Rock$2,280$1,763$1,403
Median home value36% higher than Round Rock$568,000$418,600$283,800
Home value to income17% lower than Round Rock3.5x4.2x3.6x
Renters paying 30%+ of income on rent24 points higher than Round Rock75%51%52%
Homes owned by the people living in them28 points higher than Round Rock84%56%63%
Vacant homes4 points lower than Round Rock0.7%4.9%9.4%
Median year homes were builtAbout the same as Round Rock200420021992

Monthly cost to buy a median home

$3,828
Mortgage payment
$3,109
Property tax
$719
Median rent, for comparison
$2,280

Based on a $568,000 home in Lake Forest, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereRound RockTexas
Median household income63% higher than Round Rock$161,600$99,287$78,476
Unemployment rate2 points higher than Round Rock5.9%3.8%5.3%
People below the poverty line4 points lower than Round Rock3.7%7.8%14%
Adults with a bachelor's degree or higher17 points higher than Round Rock62%45%34%
Average commute10% higher than Round Rock27 min25 min27 min
Workers who work from home6 points higher than Round Rock31%25%14%
Workers who walk, bike or take transitAbout the same as Round Rock0.5%1.1%2.6%
Homes with broadband internet4 points higher than Round Rock100%95%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingLow
  • HurricanesModerate
  • TornadoesModerate
  • HailVery high
  • Heat wavesLow
  • WildfiresModerate
  • Winter stormsHigh
  • Strong windLow

Who lives in Lake Forest

Under 1829%
18 to 3419%
35 to 6445%
65 and over7.6%
Race and ethnicity
White55%
Hispanic or Latino23%
Black4.6%
Asian13%
Other or more than one race5.5%

Shown for information only. It is never part of any grade.

Other neighborhoods in Round Rock

  1. 1A+Central Round RockMedian rent $3,160
  2. 2A+The OaklandsMedian rent $1,880
  3. 3ABehrens RanchMedian rent $3,330
  4. 4APreserve at Stone OakMedian rent $2,540
  5. 5AOak CreekMedian rent $2,260
  6. 6A-Fern BluffMedian rent $2,220
  7. 7A-East Round RockMedian rent $2,390
  8. 8A-North Round RockMedian rent $1,620

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. B+Lake Sharon Estates Phase 3Corinth
  2. BKelliwood ParkHouston
  3. AThe Oaks of SonterraSan Antonio

Questions about Lake Forest

Is Lake Forest a good place to live?

Lake Forest is a neighborhood in Round Rock, TX, home to about 12,100 people. It gets a B+, in the top 28% of Texas neighborhoods, and ranks 10th of 25 areas we score in Round Rock. It does best on education levels and worst on cost of living.

How much does it cost to live in Lake Forest?

Renters in Lake Forest pay a median of $2,280 a month, 29% higher than the Round Rock median. The median home is worth $568,000, 36% higher than the Round Rock median. A median home costs 3.5x the median household income, compared with 4.2x across Round Rock.

What schools serve Lake Forest?

The closest rated public schools are Forest Creek Elementary (elementary, rated B), Ridgeview Middle (middle, rated A) and Cedar Ridge High School (high, rated B). School zones can differ from the closest school, so check with the district.

This area is built from 5 Census block groups closest to the Lake Forest name on the map, so its edges are approximate. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.