Forest Lake, MN
20,729Residents
$92,944Median household income
$1,421/moMedian gross rent
$393,500Median home value
39.6Median age
35%Adults with a bachelor’s degree or higher
73%Homes lived in by their owners
4.2×Home value to household income
Median rent takes about 18% of the median household income in Forest Lake.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $57,000 a year. In Minnesota that leaves roughly $3,675 a month after tax. See the full paycheck breakdown for $55,000.
Largest places in Minnesota
All cities in Minnesota · Highest-paying jobs in Minnesota
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.