Forest Lake is a city in Minnesota state in USA with a population of 20393 residents.. The poverty rate of Forest Lake is 5%, which is 64% lower than national average. The typical household in Forest Lake earns $84436 a year, compared to the national median of $67,500. Nearly 26.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Forest Lake, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Forest Lake remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Forest Lake, only 36% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Forest Lake is 110, which is 10% higher than national average. Median home value in Forest Lake is $286500 , which is 25% higher than national average. While median income in Forest Lake remained $84436, which is 25% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.