Forest, VA
Full City Profile · Virginia · Lynchburg city County
4.5
/5.0
A+
Excellent
12,476
Population
917/sq mi density
$78,825
Median Income
$45,287 per capita
$319,100
Home Value
$414,857 Zillow
$1,112
Median Rent
29.6% income on rent
56°F
Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A
Economy
4.3 / 5.0
$78,825 median income, 3.9% unemployment
A
Affordability
4.4 / 5.0
$319,100 home value, $1,112/mo rent
A+
Education
4.9 / 5.0
48.4% bachelor's degree or higher
Income Overview
Median Household Income
$78,825
5% above
US avg: $75,149
Per Capita Income
$45,287
16% above
US avg: $39,052
Unemployment Rate
3.9%
8% above
US avg: 3.6%
Poverty Rate
3.6%
71% below
US avg: 12.4%
Income Comparison: Forest vs. U.S. Average
Each bar shows Forest’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$78,825
105%
Per Capita
US: $39,052
$45,287
116%
IRS Avg AGI
US: $72,000
$67,363
94%
Avg Weekly Wage
US: $1,432
$1,129
79%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,129
21% below US avg ($1,432)
Mean Commute Time
22 min
22% below US avg (28 min)
Work From Home
16.0%
5% above US avg (15.2%)
Drive Alone
77.1%
5% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
How Residents Get to Work
Drive Alone
77.1%
Public Transit
0%
Work From Home
16%
Other
6.9%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,654
Restaurants
273
Healthcare
280
Retail
337
Manufacturing
71
Tax & Financial
IRS Avg Adjusted Gross Income
$67,363
6% below US avg ($72,000)
Avg Property Tax
$3,881
11% above US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $78,825 |
| Per Capita Income | $45,287 |
| IRS Avg Adjusted Gross Income | $67,363 |
| Avg Weekly Wage | $1,129 |
Hardship Indicators
| Unemployment Rate | 3.9% |
| Poverty Rate | 3.6% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 77.1% |
| Public Transit | 0.0% |
| Work From Home | 16.0% |
Businesses
| Total Establishments | 2,654 |
| Restaurants | 273 |
| Healthcare | 280 |
| Retail | 337 |
| Manufacturing | 71 |
Tax
| IRS Avg AGI | $67,363 |
| Avg Property Tax | $3,881 |