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Forest Lake Minnesota Real Estate By Jennifer Hershey

Forest Lake Minnesota Real Estate

Forest Lake, Minnesota, is located in Washington County, 17 miles E of Coon Rapids, Minnesota and 293 miles NW of Milwaukee, Wisconsin. Forest Lake has a population of 6,798.

Forest Lake Homes

Forest Lake properties pool is 2,822 residential properties including Forest Lake new homes. Median age of real estate in Forest Lake is 1975. Average Household size is 2.98 people. 5% are one bedroom homes, 30% are 2 bedroom homes, 41% are 3 bedroom homes, 20% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Forest Lake Mortgage Statistics

Forest Lake mortgages vs. USA median statistics

Homes Forest Lake USA
Homes With No Mortgage 16%
30%
Homes With Mortgage 84%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 29%
16%

Forest Lake Area Real Estate Tax

Forest Lake Real estate Tax: Median Real Estate Taxes (2000) were $1,321 comparing to 1999 Median Family income $ 52,898. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Forest Lake School District: Children make up 25.8% of Forest Lake population. Forest Lake has 1,754 under 18 years old residents, or 0.51 kids per one worker, or 0.62 kids per one household.

Forest Lake Real Estate & Forest Lake Homeownership

There are 846.6 or 30% one person households, 931.26 or 33% two person households, and 451.52 or 16% three person households in Forest Lake, Minnesota. Median residents age is 34.5, Senior citizens (65+) make up 922 or 13.6%% of Forest Lake population.

There are 3,429 workers (over 16 years of age) in Forest Lake. Of these, 92.88% drive to work. Approximately 0.7% of workers in Forest Lake take public transportation. An estimated 2.19% walk to work.

Median Forest Lake homeowner's housing expences are 20.4%

Crime in Forest Lake (2003), crimes per 10,000 residents per year

Type of Crime Forest Lake USA, 2003
Violent Crimes
16.18
47.5
Robberies
NaN
14.2
Aggravated Assaults
10.3
29.5
Property Crimes
713.45
358.8
Burglaries
69.14
74.0
Larceny-Thefts
558.99
241.5
Motor Vehicle Thefts
85.32
43.3

Invest in Forest Lake Properties

When making a decision about buying real estate in Forest Lake Minnesota area, you should consider following statistical data:

Category Forest Lake USA
Near Medium City
Coon Rapids, Minnesota
-
Near Large City
Milwaukee, Wisconsin
-
Forest Lake Zip Codes
55025
-
Forest Lake Area Codes
651
-
White population
97.18%
75.1%
African-American population
0.4%
12.3%
Asian
0.54%
3.6%
American Indian & Alaskan
0.4%
0.9%
Hispanic (of any race)
1%
12.5%
Median Family Income (1999)
$ 52,898%
$42,000
Population Below Poverty Level
6.24%
12.4%

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