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Forest City, IA

Full City Profile · Iowa · Winnebago County County

3.3 /5.0
B Good
4,280 Population 932/sq mi density
$62,917 Median Income $34,494 per capita
$136,400 Home Value $178,306 Zillow
$719 Median Rent 23.7% income on rent
45°F Avg Temperature 260 sunny days/yr
173 Violent Crime/100K 223 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,917 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$136,400 home value, $719/mo rent
F
Safety
1.0 / 5.0
173 violent crimes/100K
B
Education
3.1 / 5.0
26.0% bachelor's degree or higher

Income Overview

Median Household Income
$62,917
16% below
US avg: $75,149
Per Capita Income
$34,494
12% below
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
6.0%
52% below
US avg: 12.4%

Income Comparison: Forest City vs. U.S. Average

Each bar shows Forest City’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$62,917
84%
Per Capita
US: $39,052
$34,494
88%
IRS Avg AGI
US: $72,000
$70,658
98%
Avg Weekly Wage
US: $1,432
$904
63%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$904
37% below US avg ($1,432)
Mean Commute Time
14 min
51% below US avg (28 min)
Work From Home
6.0%
61% below US avg (15.2%)
Drive Alone
78.7%
7% above US avg (73.2%)
Public Transit
0.1%
97% below US avg (5.0%)
County GDP
$690M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.7%
Public Transit 0.1%
Work From Home 6%
Other 15.2%
Average commute time
14 minutes
US avg: 28 min

Business Landscape

Total Establishments
393
Restaurants
21
Healthcare
31
Retail
49
Manufacturing
17

Tax & Financial

IRS Avg Adjusted Gross Income
$70,658
2% below US avg ($72,000)
Avg Property Tax
$3,053
13% below US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$62,917
Per Capita Income$34,494
IRS Avg Adjusted Gross Income$70,658
Avg Weekly Wage$904
County GDP$690M

Hardship Indicators

Unemployment Rate1.7%
Poverty Rate6.0%
Gini Coefficient0.439
Cost of Living Index87.8

Commute

Mean Commute14 minutes
Drive Alone78.7%
Public Transit0.1%
Work From Home6.0%

Businesses

Total Establishments393
Restaurants21
Healthcare31
Retail49
Manufacturing17

Tax

IRS Avg AGI$70,658
Avg Property Tax$3,053