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Forest City, PA

Full City Profile · Pennsylvania · Wayne County County

2.8 /5.0
C+ Fair
1,700 Population 1,848/sq mi density
$58,125 Median Income $32,627 per capita
$138,500 Home Value $200,878 Zillow
$877 Median Rent 27.6% income on rent
44°F Avg Temperature 271 sunny days/yr
57 Violent Crime/100K 747 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$58,125 median income, 5.9% unemployment
A+
Affordability
5.0 / 5.0
$138,500 home value, $877/mo rent
F
Safety
1.0 / 5.0
57 violent crimes/100K
C
Education
2.3 / 5.0
16.1% bachelor's degree or higher

Housing Overview

Median Home Value
$138,500
51% below
US avg: $281,900
Median Rent
$877/mo
25% below
US avg: $1,163/mo
Homeownership Rate
61.1%
7% below US avg (65.4%)
Total Housing Units
909
Median year built: 1942

Home Value by Source

Census Median
$138,500
Zillow (ZHVI)
$200,878
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.1%
Owner-Occupied
38.9%
Renter-Occupied
61%
39%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$708/mo
1 Bedroom
$888/mo
2 Bedroom
$973/mo
3 Bedroom
$1,236/mo
4 Bedroom
$1,632/mo
Census median rent: $877/mo

Affordability & Housing Stock

Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1942
Average age of housing stock: 84 years
Homeownership Rate
61.1%

Complete Housing Data

Home Values

Census Median Value$138,500
Zillow Home Value (ZHVI)$200,878

Rent

Census Median Rent$877
FMR Studio$708
FMR 1-Bedroom$888
FMR 2-Bedroom$973
FMR 3-Bedroom$1,236
FMR 4-Bedroom$1,632

Market

Ownership & Stock

Owner-Occupied61.1%
Renter-Occupied38.9%
Homeownership Rate61.1%
Total Housing Units909
Median Year Built1942
Rent Burden27.6%