Forest Hill is Toronto’s wealthiest neighbourhood. Statistics Canada states an average income for all private households in Forest Hill is $101,631, compared to an average of $40,704 in Toronto’s Census Metropolitan Area. Forest Hill was initially integrated as a village in 1923, which was later seized by the City of Toronto in 1967. The area was named after the summer home of John Wickson, previously known as Spadina Heights. Prior to World War 2 the population was primarily made up of wealthy Anglo-Protestants. During the 1940s and 1950s many members of the Jewish community moved from the Spadina area to Forest Hill. According to the 2001 census, individuals of the Jewish heritage make up almost a third of the population of Forest Hill. Forest Hill is divided into two parts; Forest Hill North and Forest Hill South, mainly for social policy analysis and research. Forest Hill North extends from Briar Hill Avenue in the north to Eglinton Avenue West in the south and from Latimer Avenue in the east to Allen Road and Marlee Avenue in the north-west and south-west.
Forest Hill South extends from Eglinton Ave West in the north to Tichester Road in the south and from Bathurst Street in the west to Elmsthorpe Road in the northeast and Avenue Road and the Oriole Parkway in the east. There is an additional stretch of Forest Hill South between Bathurst Street and Spadina Road, north of Lonsdale Road. Forest Hill Village is a part of Forest Hill inhabiting most of the original area of the village. The Village extends roughly from Briar Hill Avenue in the north (the Upper Village, officially part of Forest Hill North) to Heath Street in the south (the Lower Village, officially the major part of Forest Hill South along Spadina Road between Bathurst Street/Cedarvale Ravine (whichever is further east) and Avenue Road. The terms Upper and Lower are based on height of land and not on positions on a map. The Lower Village was completed by the 1930s. It is known for its upscale shopping and dining, although the actual mix of stores includes several modest enterprises. The Lower Village has attracted extensive residential development (especially of apartments). The Upper Village was slower to develop due to the fact it had previously been occupied by the old Belt Line Railway, and then by industry. Its houses were built mostly in the 1940s and 50's. Many homes have been, or are being significantly renovated, with some being torn down completely to make way for monster 'neo-classical' homes.