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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
Top Industries in Forest Lake (17)
County-level employment data (BLS QCEW). Sorted by employment.
Health Care & Social Assistance
15,696 jobs
1,091 firms
$63,438/yr
Retail Trade
14,633 jobs
711 firms
$36,080/yr
Manufacturing
11,621 jobs
227 firms
$82,373/yr
Accommodation & Food Services
9,951 jobs
478 firms
$24,279/yr
Construction
4,571 jobs
645 firms
$82,418/yr
Professional & Technical Services
4,183 jobs
844 firms
$87,121/yr
Other Services
3,748 jobs
823 firms
$38,353/yr
Wholesale Trade
2,914 jobs
278 firms
$99,293/yr
Finance & Insurance
2,889 jobs
418 firms
$107,445/yr
Transportation & Warehousing
2,794 jobs
142 firms
$51,399/yr
Administrative & Waste Services
2,658 jobs
318 firms
$53,175/yr
Arts & Entertainment
2,299 jobs
177 firms
$23,528/yr
Educational Services
1,945 jobs
117 firms
$36,754/yr
Management of Companies
1,841 jobs
64 firms
$128,136/yr
Real Estate
922 jobs
330 firms
$53,228/yr
Information & Technology
610 jobs
104 firms
$75,379/yr
Utilities
298 jobs
10 firms
$139,942/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Retail Trade
1.53
Manufacturing
1.48
Arts & Entertainment
1.43
Other Services
1.30
Health Care & Social Assistance
1.15
Accommodation & Food Services
1.14
Management of Companies
1.14
Educational Services
0.98
Construction
0.91
Utilities
0.82
Wholesale Trade
0.77
Finance & Insurance
0.74
Transportation & Warehousing
0.69
Professional & Technical Services
0.63
Real Estate
0.62
Administrative & Waste Services
0.47
Information & Technology
0.34
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Health Care & Social Assistance | 15,696 | 1,091 | $1,220 | $63,438 | 1.15 |
| Retail Trade | 14,633 | 711 | $694 | $36,080 | 1.53 |
| Manufacturing | 11,621 | 227 | $1,584 | $82,373 | 1.48 |
| Accommodation & Food Services | 9,951 | 478 | $467 | $24,279 | 1.14 |
| Construction | 4,571 | 645 | $1,585 | $82,418 | 0.91 |
| Professional & Technical Services | 4,183 | 844 | $1,675 | $87,121 | 0.63 |
| Other Services | 3,748 | 823 | $738 | $38,353 | 1.30 |
| Wholesale Trade | 2,914 | 278 | $1,909 | $99,293 | 0.77 |
| Finance & Insurance | 2,889 | 418 | $2,066 | $107,445 | 0.74 |
| Transportation & Warehousing | 2,794 | 142 | $988 | $51,399 | 0.69 |
| Administrative & Waste Services | 2,658 | 318 | $1,023 | $53,175 | 0.47 |
| Arts & Entertainment | 2,299 | 177 | $452 | $23,528 | 1.43 |
| Educational Services | 1,945 | 117 | $707 | $36,754 | 0.98 |
| Management of Companies | 1,841 | 64 | $2,464 | $128,136 | 1.14 |
| Real Estate | 922 | 330 | $1,024 | $53,228 | 0.62 |
| Information & Technology | 610 | 104 | $1,450 | $75,379 | 0.34 |
| Utilities | 298 | 10 | $2,691 | $139,942 | 0.82 |