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Population Review

Forest Lake, Minnesota Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of Forest Lake, Minnesota is 20,678 as of the 2023 American Community Survey, making it the 58th-largest city in Minnesota. The median household income is $89,879, the median home value is $375,900, and the median age is 38.8.

The population has grown 12.2% since 2010 (18,446 → 20,700).

20,678

Population

677

People / sq mi

$89,879

Median Income

$375,900

Median Home Value

Forest Lake covers 30.5 sq mi of land at 677 people per square mile.

About Forest Lake, MN

Forest Lake is a city in Minnesota with a population of 20,678. It ranks #58 among cities in Minnesota by population. The median age is 38.8, in line with the national median. The population is 48.9% male and 51.1% female.

The median household income in Forest Lake is $89,879, above the US median of $74,580. 4.3% of residents live below the federal poverty level. Home values sit at a median of $375,900, with monthly rent averaging $1,379. The homeownership rate of 71.8% is higher than the national rate of 64.8%.

Educational attainment in Forest Lake reflects 35.7% of adults 25 and older holding a bachelor's degree or higher, near the national average of 34.3%. Roughly 16.1% of workers primarily work from home, similar to the national work-from-home rate of 14.2%. The average commute is 25.4 minutes each way.

Forest Lake city Population History (2010-2024)

The city of Forest Lake city had a population of 18,446 in 2010 and 20,700 in 2024, a 12.2% growth over 14 years. The peak was 20,933 in 2019. Average annual growth rate: 0.83%.

2019 · 21K20102024

20,700

Population (2024)

18,446

Population (2010)

20,933

Peak (2019)

0.83%

Avg Annual Growth

YearPopulation
201018,446
201118,563
201218,819
201318,980
201419,237
201519,401
201619,580
201719,839
201820,226
201920,933
202020,702
202120,646
202220,897
202320,723
202420,700

Race & Ethnicity

White82.4%
Black or African American3.6%
Asian0.0%
Hispanic or Latino (any race)1.4%
Two or More Races0.0%

Economy & Income

$89,879

Median Household Income

$45,527

Per Capita Income

4.3%

Poverty Rate

3.3%

Unemployment Rate

Housing

$375,900

Median Home Value

$1,379

Median Rent

71.8%

Owner-Occupied

Education

93.3%

High School+

35.7%

Bachelor's+

Commute

0.0%

Drive Alone

73.0%

Public Transit

16.1%

Work From Home

25.4 min

Avg Commute

Community Profile

17.7%

Foreign Born

91.0%

Non-English at Home

4.7%

Veterans

11.2%

With Disability

95.2%

Health Insurance

96.3%

Internet Access

Employment by Industry

Professional, Scientific & Management22.6%
Manufacturing12.8%
Finance, Insurance & Real Estate11.2%
Construction10.5%
Information9.2%
Education, Health Care & Social Services6.2%
Retail Trade4.2%
Arts, Entertainment & Food Services3.7%
Public Administration3.0%
Agriculture & Mining2.6%
Transportation & Warehousing0.7%

Largest cities in Minnesota

Largest counties in Minnesota

Part of Minnesota

Metro areas in Minnesota

City rankings

Frequently Asked Questions

Forest Lake, Minnesota has a population of 20,678 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 58th-largest city in Minnesota.

The median household income in Forest Lake, Minnesota is $89,879, with 4.3% of residents living below the federal poverty level.

The median home value in Forest Lake, Minnesota is $375,900, with median monthly rent at $1,379 and a homeownership rate of 71.8%.

The median age in Forest Lake, Minnesota is 38.8 years. The population is 48.9% male and 51.1% female.

The population has grown 12.2% since 2010 (18,446 → 20,700).

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.