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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
Housing Overview
Median Home Value
$136,400
52% below
US avg: $281,900
Median Rent
$719/mo
38% below
US avg: $1,163/mo
Homeownership Rate
72.3%
11% above US avg (65.4%)
Total Housing Units
1,827
Median year built: 1970
Home Value by Source
Census Median
$136,400
Zillow (ZHVI)
$178,306
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.3%
Owner-Occupied
27.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$719/mo
Affordability & Housing Stock
Rent Burden
23.7%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
72.3%
Complete Housing Data
Home Values
| Census Median Value | $136,400 |
| Zillow Home Value (ZHVI) | $178,306 |
Rent
| Census Median Rent | $719 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 72.3% |
| Renter-Occupied | 27.7% |
| Homeownership Rate | 72.3% |
| Total Housing Units | 1,827 |
| Median Year Built | 1970 |
| Rent Burden | 23.7% |