The median household income in Forest Lake, MN in 2022 was $87,604, which was 6.0% greater than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $44,419 in 2000 this represents an increase of 49.3%. The per capita income in 2022 was $43,362, which means an increase of 53.7% compared to 2000 when it was $20,058.
Whole page based on the data from 2000 / 2022 when the population of Forest Lake, Minnesota was 6,798 / 21,108
Income statistics for all residents
Median household income in Forest Lake, MN in 2022:
Forest Lake:
$87,605
State:
$82,338
Change in median household income between 2000 and 2022:
Forest Lake, Minnesota:
+97.2%
State:
+74.8%
Number of households with income < $10k:
Forest Lake:
3.6% (309)
Minnesota:
4.3% (100,518)
Number of households with income $10k - 20k:
Forest Lake:
3.3% (288)
State:
5.6% (130,945)
Number of households with income $20k - 30k:
Forest Lake:
4.5% (387)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Forest Lake:
9.3% (797)
Minnesota:
6.5% (151,862)
Number of households with income $40k - 50k:
Forest Lake:
5.8% (503)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Forest Lake:
7.6% (652)
State:
6.9% (159,181)
Number of households with income $60k - 75k:
Forest Lake:
8.7% (749)
Minnesota:
9.4% (218,220)
Number of households with income $75k - 100k:
Forest Lake:
13.0% (1,121)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Forest Lake:
11.2% (963)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Forest Lake:
11.0% (945)
State:
8.2% (190,349)
Number of households with income $150k - 200k:
Forest Lake:
10.3% (883)
State:
10.2% (236,018)
Number of households with income > $200k:
Forest Lake:
11.8% (1,016)
State:
11.6% (268,336)
Aggregate household income in Forest Lake in 2022: $910,323,041
Median family income in Forest Lake in 2022:
Forest Lake:
$111,515
Minnesota:
$105,324
Number of families with income < $10k:
Forest Lake:
1.8% (106)
State:
2.2% (31,728)
Number of families with income $10k - 20k:
Forest Lake:
1.2% (70)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
Forest Lake:
2.2% (125)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Forest Lake:
5.5% (313)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
Forest Lake:
3.5% (203)
Minnesota:
5.2% (76,436)
Number of families with income $50k - 60k:
Forest Lake:
7.1% (406)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Forest Lake:
7.3% (417)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Forest Lake:
12.8% (736)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Forest Lake:
14.6% (837)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Forest Lake:
13.4% (766)
Minnesota:
10.3% (149,830)
Number of families with income $150k - 200k:
Forest Lake:
13.4% (768)
State:
13.6% (197,479)
Number of families with income > $200k:
Forest Lake:
17.2% (986)
State:
16.1% (233,828)
Median non-family income in Forest Lake in 2022:
Forest Lake:
$47,451
State:
$48,461
Change in median non-family income between 2000 and 2022:
Forest Lake, Minnesota:
+90.7%
Minnesota:
+73.6%
Median per capita income in Forest Lake in 2022:
Forest Lake:
$43,362
State:
$45,021
Change in median per capita income between 2000 and 2022:
Forest Lake, Minnesota:
+116.2%
State:
+94.1%
Income statistics for White residents
Median household income in Forest Lake, MN in 2022:
Forest Lake:
$89,769
Minnesota:
$85,697
Change in median household income between 2000 and 2022:
Forest Lake, Minnesota:
+98.4%
State:
+77.5%
Number of households with income < $10k:
Forest Lake:
3.6% (276)
State:
3.9% (74,145)
Number of households with income $10k - 20k:
Forest Lake:
3.6% (271)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Forest Lake:
5.0% (380)
State:
5.8% (111,536)
Number of households with income $30k - 40k:
Forest Lake:
7.9% (604)
Minnesota:
6.2% (118,402)
Number of households with income $40k - 50k:
Forest Lake:
4.8% (369)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Forest Lake:
8.4% (640)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
Forest Lake:
8.6% (653)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Forest Lake:
12.7% (968)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Forest Lake:
11.4% (872)
Minnesota:
11.2% (214,803)
Number of households with income $125k - 150k:
Forest Lake:
11.8% (897)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Forest Lake:
10.3% (782)
Minnesota:
10.6% (203,283)
Number of households with income > $200k:
Forest Lake:
11.9% (905)
State:
12.2% (233,694)
Aggregate household income in Forest Lake in 2022: $805,588,860
Median family income in Forest Lake in 2022:
Forest Lake:
$115,922
Minnesota:
$110,049
Number of families with income < $10k:
Forest Lake:
0.8% (38)
State:
1.5% (17,407)
Number of families with income $10k - 20k:
Forest Lake:
1.2% (58)
Minnesota:
1.9% (22,955)
Number of families with income $20k - 30k:
Forest Lake:
2.7% (134)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Forest Lake:
3.0% (148)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Forest Lake:
2.8% (137)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Forest Lake:
8.6% (424)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Forest Lake:
6.8% (338)
Minnesota:
8.9% (105,839)
Number of families with income $75k - 100k:
Forest Lake:
12.9% (639)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Forest Lake:
15.1% (749)
Minnesota:
13.6% (162,292)
Number of families with income $125k - 150k:
Forest Lake:
14.8% (736)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
Forest Lake:
13.4% (663)
Minnesota:
14.3% (171,257)
Number of families with income > $200k:
Forest Lake:
18.0% (895)
State:
17.1% (204,721)
Median non-family income in Forest Lake in 2022:
Forest Lake:
$46,322
State:
$49,920
Change in median non-family income between 2000 and 2022:
Forest Lake, Minnesota:
+84.1%
State:
+76.0%
Median per capita income in Forest Lake in 2022:
Forest Lake:
$47,111
State:
$49,507
Change in median per capita income between 2000 and 2022:
Forest Lake, Minnesota:
+132.0%
State:
+103.3%
Income statistics for Black or African American residents
Median household income in Forest Lake, MN in 2022:
Forest Lake:
$105,795
State:
$51,320
Number of households with income < $10k:
Forest Lake:
0.0% (0)
State:
9.8% (13,122)
Number of households with income $10k - 20k:
Forest Lake:
0.0% (0)
Minnesota:
12.0% (16,076)
Number of households with income $20k - 30k:
Forest Lake:
0.0% (0)
State:
8.9% (11,986)
Number of households with income $30k - 40k:
Forest Lake:
0.0% (0)
State:
9.8% (13,064)
Number of households with income $40k - 50k:
Forest Lake:
0.0% (0)
State:
7.8% (10,426)
Number of households with income $50k - 60k:
Forest Lake:
0.0% (0)
State:
8.4% (11,191)
Number of households with income $60k - 75k:
Forest Lake:
41.3% (52)
State:
9.5% (12,717)
Number of households with income $75k - 100k:
Forest Lake:
0.0% (0)
Minnesota:
11.0% (14,800)
Number of households with income $100k - 125k:
Forest Lake:
0.0% (0)
State:
7.5% (10,088)
Number of households with income $125k - 150k:
Forest Lake:
34.1% (43)
State:
4.7% (6,321)
Number of households with income $150k - 200k:
Forest Lake:
24.6% (31)
State:
6.1% (8,240)
Number of households with income > $200k:
Forest Lake:
0.0% (0)
Minnesota:
4.4% (5,958)
Aggregate household income in Forest Lake in 2022: $13,503,585
Median family income in Forest Lake in 2022:
Forest Lake:
$117,346
Minnesota:
$61,475
Number of families with income $60k - 75k:
Forest Lake:
39.4% (45)
State:
9.4% (7,570)
Number of families with income $125k - 150k:
Forest Lake:
37.2% (43)
State:
6.3% (5,073)
Number of families with income $150k - 200k:
Forest Lake:
23.3% (27)
Minnesota:
6.8% (5,454)
Median per capita income in Forest Lake in 2022:
Forest Lake:
$23,596
Minnesota:
$25,146
Income statistics for Asian residents
Median household income in Forest Lake, MN in 2022:
Forest Lake:
$94,814
Minnesota:
$93,773
Number of households with income < $10k:
Forest Lake:
0.0% (0)
State:
4.2% (3,886)
Number of households with income $10k - 20k:
Forest Lake:
0.0% (0)
Minnesota:
4.1% (3,821)
Number of households with income $20k - 30k:
Forest Lake:
0.0% (0)
State:
3.8% (3,485)
Number of households with income $30k - 40k:
Forest Lake:
0.0% (0)
State:
5.0% (4,620)
Number of households with income $40k - 50k:
Forest Lake:
24.9% (50)
State:
6.0% (5,609)
Number of households with income $50k - 60k:
Forest Lake:
0.0% (0)
State:
5.4% (4,977)
Number of households with income $60k - 75k:
Forest Lake:
0.0% (0)
Minnesota:
9.3% (8,666)
Number of households with income $75k - 100k:
Forest Lake:
44.3% (89)
State:
15.6% (14,466)
Number of households with income $100k - 125k:
Forest Lake:
18.4% (37)
State:
10.7% (9,893)
Number of households with income $125k - 150k:
Forest Lake:
0.0% (0)
Minnesota:
9.3% (8,600)
Number of households with income $150k - 200k:
Forest Lake:
6.5% (13)
State:
12.6% (11,662)
Number of households with income > $200k:
Forest Lake:
6.0% (12)
Minnesota:
14.2% (13,207)
Aggregate household income in Forest Lake in 2022: $24,401,400
Median family income in Forest Lake in 2022:
Forest Lake:
$110,665
State:
$105,412
Number of families with income $40k - 50k:
Forest Lake:
42.1% (49)
Minnesota:
4.8% (3,312)
Number of families with income $75k - 100k:
Forest Lake:
3.3% (4)
Minnesota:
13.9% (9,500)
Number of families with income $100k - 125k:
Forest Lake:
33.5% (39)
State:
11.4% (7,777)
Number of families with income $150k - 200k:
Forest Lake:
11.1% (13)
Minnesota:
14.4% (9,877)
Number of families with income > $200k:
Forest Lake:
10.0% (12)
State:
17.1% (11,714)
Median per capita income in Forest Lake in 2022:
Forest Lake:
$24,396
State:
$39,496
Income statistics for Hispanic or Latino residents
Median household income in Forest Lake, MN in 2022:
Forest Lake:
$38,195
State:
$63,399
Change in median household income between 2000 and 2022:: -17.4%
Forest Lake, Minnesota:
-17.4%
Minnesota:
+76.4%
Number of households with income < $10k:
Forest Lake:
0.0% (0)
State:
4.0% (3,834)
Number of households with income $10k - 20k:
Forest Lake:
0.0% (0)
State:
6.1% (5,874)
Number of households with income $20k - 30k:
Forest Lake:
4.0% (13)
Minnesota:
9.9% (9,526)
Number of households with income $30k - 40k:
Forest Lake:
48.3% (156)
State:
10.1% (9,710)
Number of households with income $40k - 50k:
Forest Lake:
17.6% (57)
Minnesota:
8.0% (7,724)
Number of households with income $50k - 60k:
Forest Lake:
2.2% (7)
State:
9.6% (9,248)
Number of households with income $60k - 75k:
Forest Lake:
7.1% (23)
State:
10.8% (10,444)
Number of households with income $75k - 100k:
Forest Lake:
0.0% (0)
State:
15.0% (14,464)
Number of households with income $100k - 125k:
Forest Lake:
5.6% (18)
State:
7.6% (7,348)
Number of households with income $125k - 150k:
Forest Lake:
5.6% (18)
State:
5.1% (4,890)
Number of households with income $150k - 200k:
Forest Lake:
9.6% (31)
Minnesota:
6.5% (6,257)
Number of households with income > $200k:
Forest Lake:
0.0% (0)
Minnesota:
7.3% (7,057)
Aggregate household income in Forest Lake in 2022: $14,419,544
Median non-family income in Forest Lake in 2022:
Forest Lake:
$34,951
State:
$41,691
Median per capita income in Forest Lake in 2022:
Forest Lake:
$16,812
Minnesota:
$27,748
Change in median per capita income between 2000 and 2022:
Forest Lake, Minnesota:
+145.6%
Minnesota:
+127.2%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Forest Lake:
0.0% (0)
State:
9.0% (1,578)
Number of households with income $10k - 20k:
Forest Lake:
0.0% (0)
State:
16.6% (2,922)
Number of households with income $20k - 30k:
Forest Lake:
0.0% (0)
State:
10.4% (1,837)
Number of households with income $30k - 40k:
Forest Lake:
0.0% (0)
State:
9.7% (1,699)
Number of households with income $40k - 50k:
Forest Lake:
0.0% (0)
Minnesota:
8.8% (1,557)
Number of households with income $50k - 60k:
Forest Lake:
0.0% (0)
Minnesota:
5.9% (1,033)
Number of households with income $60k - 75k:
Forest Lake:
48.9% (23)
State:
7.3% (1,284)
Number of households with income $75k - 100k:
Forest Lake:
0.0% (0)
State:
12.3% (2,163)
Number of households with income $100k - 125k:
Forest Lake:
0.0% (0)
Minnesota:
8.9% (1,571)
Number of households with income $125k - 150k:
Forest Lake:
0.0% (0)
Minnesota:
4.5% (796)
Number of households with income $150k - 200k:
Forest Lake:
0.0% (0)
State:
3.0% (526)
Number of households with income > $200k:
Forest Lake:
51.1% (24)
State:
3.6% (632)
Aggregate household income in Forest Lake in 2022: $562,978
Median per capita income in Forest Lake in 2022:
Forest Lake:
$28,896
State:
$24,180
Change in median per capita income between 2000 and 2022:
Forest Lake, Minnesota:
+46.6%
Minnesota:
+85.4%
Income statistics for Multirace residents
Median household income in Forest Lake, MN in 2022:
Forest Lake:
$42,763
State:
$74,586
Change in median household income between 2000 and 2022:
Forest Lake, Minnesota:
+67.7%
State:
+117.9%
Number of households with income < $10k:
Forest Lake:
0.0% (0)
State:
4.8% (5,071)
Number of households with income $10k - 20k:
Forest Lake:
0.0% (0)
Minnesota:
7.2% (7,697)
Number of households with income $20k - 30k:
Forest Lake:
3.2% (19)
Minnesota:
8.0% (8,495)
Number of households with income $30k - 40k:
Forest Lake:
36.9% (220)
State:
8.9% (9,445)
Number of households with income $40k - 50k:
Forest Lake:
20.6% (123)
Minnesota:
6.3% (6,680)
Number of households with income $50k - 60k:
Forest Lake:
19.0% (113)
State:
6.7% (7,171)
Number of households with income $60k - 75k:
Forest Lake:
0.0% (0)
Minnesota:
8.4% (8,916)
Number of households with income $75k - 100k:
Forest Lake:
6.2% (37)
State:
13.8% (14,719)
Number of households with income $100k - 125k:
Forest Lake:
5.5% (33)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
Forest Lake:
0.0% (0)
Minnesota:
7.3% (7,720)
Number of households with income $150k - 200k:
Forest Lake:
4.4% (26)
State:
8.2% (8,751)
Number of households with income > $200k:
Forest Lake:
4.2% (25)
Minnesota:
10.5% (11,170)
Aggregate household income in Forest Lake in 2022: $35,230,121
Median family income in Forest Lake in 2022:
Forest Lake:
$40,843
State:
$91,504
Number of families with income $20k - 30k:
Forest Lake:
4.0% (18)
State:
7.0% (4,526)
Number of families with income $30k - 40k:
Forest Lake:
40.0% (180)
Minnesota:
7.5% (4,853)
Number of families with income $40k - 50k:
Forest Lake:
15.2% (68)
Minnesota:
5.9% (3,846)
Number of families with income $50k - 60k:
Forest Lake:
15.0% (67)
State:
6.0% (3,860)
Number of families with income $75k - 100k:
Forest Lake:
9.0% (40)
State:
15.0% (9,721)
Number of families with income $100k - 125k:
Forest Lake:
5.1% (23)
Minnesota:
11.5% (7,416)
Number of families with income $150k - 200k:
Forest Lake:
6.0% (27)
Minnesota:
11.1% (7,156)
Number of families with income > $200k:
Forest Lake:
5.7% (26)
State:
14.0% (9,072)
Median non-family income in Forest Lake in 2022:
Forest Lake:
$40,814
State:
$46,898
Median per capita income in Forest Lake in 2022:
Forest Lake:
$22,402
State:
$28,529
Change in median per capita income between 2000 and 2022:
Forest Lake, Minnesota:
+28.4%
State:
+155.0%
Income statistics for other residents
Median household income in Forest Lake, MN in 2022:
Forest Lake:
$147,160
State:
$65,473
Number of households with income < $10k:
Forest Lake:
0.0% (0)
State:
5.5% (2,716)
Number of households with income $10k - 20k:
Forest Lake:
0.0% (0)
State:
6.3% (3,106)
Number of households with income $20k - 30k:
Forest Lake:
0.0% (0)
State:
6.7% (3,298)
Number of households with income $30k - 40k:
Forest Lake:
19.1% (9)
Minnesota:
9.2% (4,529)
Number of households with income $40k - 50k:
Forest Lake:
0.0% (0)
State:
8.6% (4,198)
Number of households with income $50k - 60k:
Forest Lake:
0.0% (0)
State:
9.2% (4,519)
Number of households with income $60k - 75k:
Forest Lake:
0.0% (0)
State:
10.8% (5,300)
Number of households with income $75k - 100k:
Forest Lake:
0.0% (0)
State:
15.9% (7,771)
Number of households with income $100k - 125k:
Forest Lake:
0.0% (0)
State:
8.6% (4,216)
Number of households with income $125k - 150k:
Forest Lake:
44.7% (21)
State:
4.4% (2,178)
Number of households with income $150k - 200k:
Forest Lake:
36.2% (17)
Minnesota:
7.3% (3,556)
Number of households with income > $200k:
Forest Lake:
0.0% (0)
Minnesota:
7.3% (3,596)
Aggregate household income in Forest Lake in 2022: $7,139,713
Median family income in Forest Lake in 2022:
Forest Lake:
$155,512
State:
$74,121
Number of families with income $30k - 40k:
Forest Lake:
17.7% (8)
State:
5.6% (2,064)
Number of families with income $125k - 150k:
Forest Lake:
43.8% (21)
State:
4.7% (1,728)
Number of families with income $150k - 200k:
Forest Lake:
38.4% (18)
Minnesota:
9.0% (3,305)
Median per capita income in Forest Lake in 2022:
Forest Lake:
$32,175
State:
$28,385
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