Is Forest Lake a Good Place to Live?
Based on current data, Forest Lake receives an overall livability score of 4.1 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, affordable housing, abundant sunshine. Areas to be aware of include long commute times. Forest Lake stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Forest Lake is $161,111, which is significantly higher than the national average — 114% above $75,149. This places Forest Lake among higher-income communities. Unemployment stands at 3.4%, indicating a healthy job market. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 48 minutes, longer than the typical American commute of 28 minutes.
Cost of Living & Housing
The median home value in Forest Lake is $225,000, 20% below the national median — offering relatively affordable homeownership. At just 1.4x median income, home prices are very affordable relative to local earnings.
Education
17.9% of residents hold a bachelor's degree, below the national average of 33.7%. 100.0% have completed high school. Area schools have an average test score of 5.9/10.
Climate & Weather
Forest Lake has a cool climate with an average annual temperature of 45°F. Winters average 22°F in January while summers reach 68°F in July. With 275 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 46.7 inches, including 82.7 inches of snow. Air quality is rated Good with a median AQI of 40.