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According to statistics, the population in Forest Lake, MN amounts to 19,406, which shows growth 1% compared to the previous year. The median age of the city’s residents is 39. The average household income is $74,475, shifting growth 2% from the past year, and the average property value in Forest Lake, MN growth 4% to $244,500 throughout the year.
|Number Of Employees||10,813|
|Median Property Value||$244,500|
The average household income in Forest Lake, MN grew from $73,091 to $74,475 in the past year. This data is an estimate based upon 7,332 households in Forest Lake, MN . The chart below presents how household income is distributed in Forest Lake, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Forest Lake, MN shifted from $234,700 to $244,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Forest Lake, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Forest Lake, MN properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Forest Lake, MN compared to median property taxes around the country. The prevalent amount of property taxes in Forest Lake, MN equals $2500, which is less than the national average.
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