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Forest Lake, MN

Full City Profile · Minnesota · Washington County County

3.4 /5.0
B Good
20,678 Population 677/sq mi density
$89,879 Median Income $45,527 per capita
$375,900 Home Value $414,576 Zillow
$1,379 Median Rent 30.3% income on rent
45°F Avg Temperature 270 sunny days/yr
147 Violent Crime/100K 3,050 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$89,879 median income, 3.3% unemployment
A
Affordability
4.3 / 5.0
$375,900 home value, $1,379/mo rent
F
Safety
1.0 / 5.0
147 violent crimes/100K
B+
Education
3.9 / 5.0
35.7% bachelor's degree or higher

Income Overview

Median Household Income
$89,879
20% above
US avg: $75,149
Per Capita Income
$45,527
17% above
US avg: $39,052
Unemployment Rate
3.3%
8% below
US avg: 3.6%
Poverty Rate
4.3%
65% below
US avg: 12.4%

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

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

Median Household
US: $75,149
$89,879
120%
Per Capita
US: $39,052
$45,527
117%
IRS Avg AGI
US: $72,000
$112,241
156%
Avg Weekly Wage
US: $1,432
$1,167
81%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,167
19% below US avg ($1,432)
Mean Commute Time
25 min
8% below US avg (28 min)
Work From Home
16.1%
6% above US avg (15.2%)
Drive Alone
73.0%
0% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$17,078M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 73%
Public Transit 0%
Work From Home 16.1%
Other 10.9%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
7,011
Restaurants
458
Healthcare
845
Retail
692
Manufacturing
215

Tax & Financial

IRS Avg Adjusted Gross Income
$112,241
56% above US avg ($72,000)
Avg Property Tax
$5,819
66% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$89,879
Per Capita Income$45,527
IRS Avg Adjusted Gross Income$112,241
Avg Weekly Wage$1,167
County GDP$17,078M

Hardship Indicators

Unemployment Rate3.3%
Poverty Rate4.3%
Gini Coefficient0.426
Cost of Living Index98.6

Commute

Mean Commute25 minutes
Drive Alone73.0%
Public Transit0.0%
Work From Home16.1%

Businesses

Total Establishments7,011
Restaurants458
Healthcare845
Retail692
Manufacturing215

Tax

IRS Avg AGI$112,241
Avg Property Tax$5,819