Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.2 yrs |
|---|---|
| Avg HH Size | 2.56 |
| Below Poverty | 5.9% ▼ 41% below avg |
| College Grads | 48.0% ▲ 24% above avg |
| Unemployment | 3.9% ▼ 20% below avg |
| No HS Diploma | 163 (1%) |
| HS Graduate | 4,488 (26.2%) |
| Some College | 1,832 (10.7%) |
| Associates | 2,432 (14.2%) |
| Bachelors | 1,980 (11.5%) |
| Graduate Degree | 6,252 (36.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $95,993 ▲ 26% above avg |
|---|---|
| Median Home Value | $385,800 ▲ 38% above avg |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $1,355/mo |
| Total Housing Units | 10,522 |
| Vacant Units | 496 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Forest Lake is a city in Minnesota, located in Washington County. The city spans 1 ZIP code and is home to approximately 25,759 residents. It is a middle-aged city, with a median age of 39.2 years.
Economically, Forest Lake is a middle-income community. The median household income of $95,993 is above the national average. Approximately 5.9% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.
The real estate market in Forest Lake is a mid-range housing market. Median home values stand at $385,800, which is above the national average. Renters typically pay around $1,355 per month. Homeownership is high at 74.0%, typical of suburban and family-oriented communities.
The population of Forest Lake is well-educated. 48.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (83.89%).
Forest Lake, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55025 | 25,759 | $95,993 | $385,800 | $1,355 | 3.9% | 48.0% | 74.0% |