Forbes, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Forbes, MN: Quick Facts & Overview
- Population: 599 residents (14 people per sq. mi.)
- Average House Price: $166,237
- Average Household Income: $82,969
Forbes, MN is located in the state of Minnesota. It is home to about 599 people, with around 14 residents living in every square mile.
If you want to buy a house in Forbes, the average price is around $166,237. That makes local housing 36% lower than the Minnesota average of $260,056, and 46% lower than the national average of $308,592.
The average household in Forbes earns about $82,969 a year. This income is 1% higher than the average family in Minnesota ($82,068), and 5% higher than the national average ($78,686).
Population
599
Median Household Income
$82,969
Median Home Value
$166,237
Median Age
49.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $43,281 |
| Labor Force Participation | 67.0% |
| Unemployment Rate | 9.0% |
| Average Commute Time | 33.9 mins |
Housing & Community Metrics
| Home Ownership Rate | 97.1% |
| Median Rent | - |
| Rent Burdened (>30% Income) | - |
| Total Housing Units | 245 |
Additional Census & Housing Profile
Geographic Overview
| County | St. Louis |
| County FIPS | 27137 |
| Metro Area (CBSA) | Duluth, MN-WI |
| Combined Area (CSA) | Duluth-Grand Rapids, MN-WI |
| Population Density | 14.3/sq mi |
| Coordinates (lat/lng) | 47.3716, -92.6041 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.05 |
| Dual Income Families | 63.2% |
Marital Status
| Married | 56.6% |
| Never Married | 26.1% |
| Divorced | 10.2% |
| Widowed | 7.0% |
Gender
| Male | 50.9% |
| Female | 49.1% |
Health & Poverty
| Uninsured Rate (Health) | 1.3% |
| Poverty Rate | 7.7% |
Key Population Groups
| Veterans | 10.5% |
| Disabled Population | 13.4% |
| Limited English Proficiency | - |
All ZIP Codes in Forbes
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55738 | 599 | $82,969 | $166,237 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Eveleth, MN | 6.9 miles | 3,448 |
| Gilbert, MN | 10.6 miles | 1,697 |
| Virginia, MN | 10.9 miles | 8,332 |
| Kinney, MN | 11.5 miles | 115 |
| Buhl, MN | 11.7 miles | 1,022 |
| Mountain Iron, MN | 12.2 miles | 2,860 |
| Chisholm, MN | 15.1 miles | 4,712 |
| Hibbing, MN | 16.2 miles | 16,057 |
| Biwabik, MN | 18.2 miles | 966 |
| Aurora, MN | 20.3 miles | 1,792 |
| Meadowlands, MN | 21.5 miles | 174 |
| Keewatin, MN | 22.5 miles | 1,215 |
| Hoyt Lakes, MN | 26.2 miles | 2,064 |
| Nashwauk, MN | 26.3 miles | 926 |
| Calumet, MN | 31.2 miles | 279 |
| Marble, MN | 32.4 miles | 669 |
| Cook, MN | 32.7 miles | 423 |
| Tower, MN | 33.9 miles | 367 |
| Floodwood, MN | 34.7 miles | 497 |
| Soudan, MN | 35 miles | 415 |
| Warba, MN | 35 miles | 146 |
| Brookston, MN | 35 miles | 103 |
| Babbitt, MN | 36 miles | 1,393 |
| Taconite, MN | 36.2 miles | 468 |
| Bovey, MN | 37.8 miles | 646 |
| Rice Lake, MN | 40 miles | 4,153 |
| Coleraine, MN | 40.4 miles | 2,150 |
| Hermantown, MN | 42.7 miles | 10,218 |
| La Prairie, MN | 42.7 miles | 592 |
| Grand Rapids, MN | 44.5 miles | 11,207 |
| Cloquet, MN | 45.2 miles | 12,537 |
| Duluth, MN | 46.6 miles | 119,372 |
| Scanlon, MN | 46.7 miles | 1,146 |
| Proctor, MN | 47 miles | 3,100 |
| Esko, MN | 47 miles | 1,813 |
| Knife River, MN | 48.3 miles | 131 |
| Orr, MN | 48.6 miles | 368 |
| Cohasset, MN | 49.4 miles | 2,703 |
| Cromwell, MN | 49.5 miles | 423 |
| Two Harbors, MN | 49.6 miles | 3,567 |
| Carlton, MN | 49.8 miles | 875 |
| Ely, MN | 50.9 miles | 3,240 |