Forest Lake

Forest Lake Main Photo

Population

Total Population

20,798

Population
Growth Rate

0.70%

Median Age

40

Diversity Index

29.900

Source: ESRI, 2024-09-26

Housing & Income

Households

8,348

Total Housing Units

8,775


Owner Occupied

5,860

Renter Occupied

2,488

Vacant

427

Median Home Value

$455,341


Average Home Value

$486,284

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.88%

Income Projection

Median Household

$94,987 $106,230


Average Household

$123,651 $141,033


Per Capita

$49,642 $57,203

Source: ESRI, 2024-09-26

Workforce

Total Businesses

730

Total Employed

9,349

Workers 16+

11,089

2024 Retail Trade Businesses

cp-industries

Businesses

114

Employed

2,483

2024 General Merchandise Businesses

cp-industries

Businesses

8

Employed

1,019

2024 Accommodation / Food Service

cp-industries

Businesses

53

Employed

991

2024 Food Service / Drinking Est.

cp-industries

Businesses

48

Employed

945

2024 Educational Services - Businesses

cp-industries

Businesses

21

Employed

915

2024 HealthCare / Social Assistance

cp-industries

Businesses

58

Employed

906

Some
High School

637

Graduated
High School

3,247

Associates
Degree

1,733

Bachelor's
Degree

3,738

Graduate
Degree

1,716

Average Commute Time

27 min.



Resident Commuters

4,961

Non-Resident Commuters

5,934

Drive Alone

8,492

Carpooled

676

Public

178

Work At Home

1,453

Source: ESRI, 2024-09-26