Forest City, IA
Full City Profile · Iowa · Winnebago County County
Forest City, IA
At a Glance
How Forest City Compares to the U.S. Average
Each bar shows Forest City's value as a percentage of the national average (100% = U.S. avg)
Is Forest City a Good Place to Live?
Economy & Jobs
Forest City residents earn a median household income of $62,917 , which is 16% below the national average of $75,149. Per capita income is $34,494. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 6.0% of residents live below the poverty line. The area is home to 393 business establishments, including 21 restaurants.
Housing & Cost of Living
The median home value in Forest City is $136,400 , 52% below the national median of $281,900. Zillow estimates the typical home at $184,961. Median rent is $719/month, with 23.7% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1970.
Education
26.0% of adults in Forest City hold a bachelor's degree or higher (23% below the national average). 93.3% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Forest City has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 71°F in July. Annual precipitation totals 35.9 inches.