Last updated: 2024 BLS data · Page refreshed:
Forest Lake has a population of 1,865 with a median age of 42.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,865 |
| Median Age | 42.3 |
| White | 74.5% |
| Asian | 4.5% |
| Hispanic or Latino | 21.0% |
The median household income in Forest Lake is $96,250, which is 19.4% above the national median of $80,610. The per capita income is $43,682. The poverty rate is 4.0%.
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In Forest Lake, 74.4% of residents age 25+ have a high school diploma or higher, and 48.3% hold a bachelor's degree or higher (14.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 74.4% |
| Bachelor's Degree or Higher | 48.3% |
| Graduate or Professional Degree | 14.2% |
The median home value in Forest Lake is $346,400, above the national median of $303,400. The homeownership rate is 95.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $346,400 |
| Homeownership Rate | 95.5% |
| Vacancy Rate | 10.7% |
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