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The total population of Forest City is estimated to be 4,254 with 2,203 males (51.79%) and 2,051 females (48.21%). There are 152 less females than males in Forest City.
The median household income in Forest City was $57,893 in 2021, which marked an a decrease of 214(0.37%) from $58,107 in 2020. This income is 77.60% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Forest City sees its highest median household income among householders in the age group of 45 to 64 years old, at $69,672. Overall, the median household income for the city of Forest City stands at $57,893.
In Forest City, the median income for all workers aged 15 years and older, regardless of work hours, was $35,970 for males and $30,585 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,176 for males and $47,596 for females.
In Forest City, there are just two different racial groups among households. Among these, White households report a median household income of $58,756, while Asian households have a median household income of $51,085.
In 2022, the population of Forest City was 4,261, a 0.26% decrease year-by-year from 2021. Previously, in 2021, Forest City's population was 4,272, a decline of 0.00% compared to a population of 4,272 in 2020.
The median age in Forest City, IA is 31.1, as per 2021 ACS 5-Year Estimates. Of the total population, 20.63% were under the age of 15, 28.59% aged 15 to 29, 36.55% aged 30 to 64, 12.02% aged 65 to 84, and 2.19% were 85 years of age and older.
Racial distribution of Forest City population: 88.68% are White, 1.73% are Black or African American, 0.19% are American Indian and Alaska Native, 6.16% are Asian, 2.08% are some other race and 1.17% are multiracial.