Median Household Income
$92,944 ± $8,689
Median Home Value
$393,500 ± $19,271
Median Gross Rent
$1,421 ± $74/mo
Per Capita Income
$46,249
Poverty Rate
7.0%
Unemployment Rate
4.3%
Homeownership Rate
72.9%
Bachelor's Degree or Higher
35.4%
Median Age
39.6
Average Commute
20 min
Households
8,286
Veterans
742
Population Over Time
Forest Lake grew 9.5% from 2014 to 2024.
2014
18,933
2016
19,208
2018
19,643
2020
20,393
2022
20,553
2024
20,729
Population by Race & Ethnicity
White
86.4%
Hispanic or Latino
3.8%
Black or African American
3.0%
Asian
3.6%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.