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 Rate | 3.3% |
| Poverty Rate | 4.3% |
| Gini Coefficient | 0.426 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 73.0% |
| Public Transit | 0.0% |
| Work From Home | 16.1% |
Businesses
| Total Establishments | 7,011 |
| Restaurants | 458 |
| Healthcare | 845 |
| Retail | 692 |
| Manufacturing | 215 |
Tax
| IRS Avg AGI | $112,241 |
| Avg Property Tax | $5,819 |
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