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CITY

Forest Lakes

Arizona · 204 residents · 10.537 sq mi
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The short version

Forest Lakes has roughly average household income, with a median household income of $87,852. Population has declined 6% since 2023. 58% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $452,800. With a median age of 59.9, the population is older than the US median of 38.9.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 59.9
US median: 38.9
More educated
58% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
204
−6%since 2023
from 217 in 2023
2020 – 2024
Population density
19 / sq mi
−6%since 2023
from 21 / sq mi in 2023
US average: 281
Median age
59.9
−8%since 2023
from 65.1 in 2023
US average: 38.9
Population, 2020 – 2024
14816818920922920202024Forest Lakes
2024204
20202024
Section 02

Income & economy

Median household income
$87,852
Unchangedinflation adjusted, since 2023
from $85,242 in 2023
US average: $82,259
2020 – 2024
Per capita income
$73,592
+7%since 2023
from $69,095 in 2023
US average: $44,673
Households earning $100K+
67.3%
−6.4 ptssince 2023
from 73.7% in 2023
US average: 53.3%
Poverty rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 12.5%
Income inequality (Gini)
0.443
+6%since 2023
from 0.419 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade37.2%
US avg: 9.9%
Finance & insurance16.3%
US avg: 5.9%
Professional, scientific, technical16.3%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
Information0%
US avg: 10.8%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$452,800
+7%inflation adjusted, since 2023
from $412,500 in 2023
US average: $376,019
2020 – 2024
Owner-occupied
89.4%
−1.8 ptssince 2023
from 91.2% in 2023
10.6% rent
Vacancy rate
88.6%
+0.1 ptssince 2023
from 88.5% in 2023
US average: 10.0%
Owner cost-burdened
8.9%
+1.2 ptssince 2023
from 7.7% in 2023
US average: 22.9%
Renter cost-burdened
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 47.4%
Afford Score
5.2
+7%since 2023
from 4.8 in 2023
2020 – 2024
RELATED:See current rent listings in Forest Lakes on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic95.4%(207)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other4.6%(10)
Diversity Score11%(24)
2024
White, non-Hispanic94.1%(192)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other5.9%(12)
Diversity Score13.8%(28)
Diversity Score
14
+26%since 2023
from 11 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
58.3%
+4.0 ptssince 2023
from 54.4% in 2023
US average: 35.6%
High school or higher
92.6%
−1.4 ptssince 2023
from 94.0% in 2023
US average: 89.6%
Graduate degree
21.1%
+1.7 ptssince 2023
from 19.4% in 2023
US average: 14.0%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
21.1%
+0.8 ptssince 2023
from 20.3% in 2023
US average: 63.5%
Self-employed
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.1%
Management & professional
9.3%
−11.2 ptssince 2023
from 20.5% in 2023
US average: 42.5%
Section 08

People & community

Male
59.3%
+1.2 ptssince 2023
from 58.1% in 2023
Female
40.7%
−1.2 ptssince 2023
from 41.9% in 2023
Foreign born
0.0%
−1.4 ptssince 2023
from 1.4% in 2023
US average: 14.1%
Veterans
13.2%
+0.8 ptssince 2023
from 12.4% in 2023
US average: 6.2%
With a disability
39.7%
−1.8 ptssince 2023
from 41.5% in 2023
US average: 13.3%
Uninsured
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.4%
Broadband at home
89.4%
+7.8 ptssince 2023
from 81.6% in 2023
US average: 91.0%
English only at home
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

Places similar to Forest Lakes

Buckhead
Pop 205
Tallulah Falls
Pop 215
Woodside
Pop 200
Stockton
Pop 185
Places similar to Forest Lakes
Head to head

Compare Forest Lakes to nearby cities

FOREST LAKES VS
Payson
Income$67,710−23%
Home value$382,400−16%
Population16,693+8083%
SEE FULL COMPARISON →
FOREST LAKES VS
Show Low
Income$60,368−31%
Home value$299,600−34%
Population12,471+6013%
SEE FULL COMPARISON →
FOREST LAKES VS
Winslow
Income$58,346−34%
Home value$167,600−63%
Population8,464+4049%
SEE FULL COMPARISON →
FOREST LAKES VS
Camp Verde
Income$69,203−21%
Home value$318,100−30%
Population12,581+6067%
SEE FULL COMPARISON →
Frequently asked

How many people live in Forest Lakes, Arizona?

Forest Lakes, Arizona has about 204 residents according to the 2024 American Community Survey.

What is the median household income in Forest Lakes, Arizona?

The typical household in Forest Lakes, Arizona earns about $87,852 a year. Half of households make more than that, and half make less.

Is Forest Lakes, Arizona expensive?

In Forest Lakes, Arizona, the median home is worth about $452,800.

How educated are people in Forest Lakes, Arizona?

About 58.3% of adults age 25 and over in Forest Lakes, Arizona hold a bachelor's degree or higher.

What is the poverty rate in Forest Lakes, Arizona?

About 0.0% of people in Forest Lakes, Arizona live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Forest Lakes, Arizona: demographics, income & housing data · CensusEasy