Forest Lake

Forest Lake

Population

Total Population

20,666

Population
Growth Rate

0.84%

Median Age

40

Diversity Index

31.400

Source: ESRI, 2026-09-09

Housing & Income

Households

8,473

Total Housing Units

8,958


Owner Occupied

5,970

Renter Occupied

2,503

Vacant

485

Median Home Value

$463,736


Average Home Value

$499,923

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.64%

Income Projection

Median Household

$95,344 $106,156


Average Household

$126,090 $141,534


Per Capita

$51,778 $58,982

Source: ESRI, 2026-09-09

Workforce

Total Businesses

755

Total Employed

8,516

Workers 16+

11,092

2026 Retail Trade Businesses

cp-industries

Businesses

110

Employed

1,981

2026 Accommodation / Food Service

cp-industries

Businesses

55

Employed

972

2026 Food Service / Drinking Est.

cp-industries

Businesses

51

Employed

934

2026 HealthCare / Social Assistance

cp-industries

Businesses

63

Employed

895

2026 Manufacturing Businesses

cp-industries

Businesses

33

Employed

740

2026 Educational Services - Businesses

cp-industries

Businesses

23

Employed

721

Some
High School

549

Graduated
High School

3,173

Associates
Degree

1,955

Bachelor's
Degree

3,531

Graduate
Degree

1,627

Average Commute Time

24 min.



Resident Commuters

5,701

Non-Resident Commuters

5,153

Drive Alone

8,009

Carpooled

732

Public

24

Work At Home

1,966

Source: ESRI, 2026-09-09