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The total population of Forest City township is estimated to be 734 with 380 males (51.77%) and 354 females (48.23%). There are 26 less females than males in Forest City township.
The median household income in Forest City township was $87,824 in 2021, which marked an a decrease of 6,640(7.03%) from $94,464 in 2020. This income is 117.72% 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 township sees its highest median household income among householders in the age group of 45 to 64 years old, at $108,430. Overall, the median household income for the township of Forest City township stands at $87,824.
In Forest City township, the median income for all workers aged 15 years and older, regardless of work hours, was $53,838 for males and $28,644 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,935 for males and $45,263 for females.
In Forest City township, population is primarily represented by White households, reporting a median income of $89,626.
In 2022, the population of Forest City township was 639, a 0.47% increase year-by-year from 2021. Previously, in 2021, Forest City township's population was 636, a decline of 0.16% compared to a population of 637 in 2020.
The median age in Forest City Township, Minnesota is 44.8, as per 2021 ACS 5-Year Estimates. Of the total population, 22.25% were under the age of 15, 10.46% aged 15 to 29, 48.26% aged 30 to 64, 14.34% aged 65 to 84, and 4.69% were 85 years of age and older.
Racial distribution of Forest City township population: 91.02% are White, 0.13% are American Indian and Alaska Native, 8.71% are some other race and 0.13% are multiracial.