Also See Forest Lake, MN: ZIP Codes & Maps
The City of Forest Lake had a population of 20,798 as of July 1, 2024.
The primary coordinate point for Forest Lake is located at latitude 45.2789 and longitude -92.9852 in Washington County. The formal boundaries for the City of Forest Lake encompass a land area of 30.53 sq. miles and a water area of 4.99 sq. miles. Washington County is in the Central time zone (GMT -6).
The City of Forest Lake has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 20,798 (100%) |
Population in Households | 20,673 (99.4%) |
Population in Families | 16,449 (79.1%) |
Population in Group Quarters1 | 125 ( 0.6%) |
Population Density | 681 |
Diversity Index2 | 30 |
INCOME | |
Median Household Income | $94,987 |
Average Household Income | $123,651 |
% of Income for Mortgage4 | 30% |
Per Capita Income | $49,642 |
Wealth Index5 | 115 |
Socioeconomic Status Index6 | Moderate (55.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 8,775 (100%) |
Owner Occupied HU | 5,860 (66.8%) |
Renter Occupied HU | 2,488 (28.4%) |
Vacant Housing Units | 427 ( 4.9%) |
Median Home Value | $455,341 |
Average Home Value | $486,284 |
Housing Affordability Index3 | 81 |
HOUSEHOLDS | |
Total Households | 8,348 |
Average Household Size | 2.48 |
Family Households | 5,567 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 0.21% | 0.70% |
Households | 0.62% | 0.91% |
Families | 0.91% | |
Median Household Income | 2.26% | |
Per Capita Income | 2.88% | |
Owner Occupied HU | 1.20% |
The table below compares Forest Lake to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 59 | 94th |
Population Density | # 398 | 57th |
Median Household Income | # 207 | 77th |
Housing Affordability Index | # 243 | 27th |
Per Capita Income | # 199 | 78th |
Diversity Index | # 266 | 71st |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
Also See: Nearby Hotels | Driving Directions