Forest Area township, Minnesota Median Income

Forest Area township, Minnesota has a population of 15, with a median household income of $41,200.

Current median income data for Forest Area township.

$41,200

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Population

15

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Median Income

$41,200

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Unemployment

7.40%

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Housing Price

$145,000

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Crime Rate

4.40

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Internet Speed

10.00 Mbps

Forest Area township is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Minnesota, Forest Area township provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Forest Area township has a population of 15, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Forest Area township is $41,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Forest Area township is about $145,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Forest Area township is 7.40%, slightly above the state average, suggesting moderate employment conditions. Forest Area township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Forest Area township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Forest Area township continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Forest Area township

What is the population of Forest Area township?

The population of Forest Area township is approximately 15.

Is Forest Area township a good place to live?

Forest Area township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Forest Area township?

The median household income in Forest Area township is around $41,200.

How expensive is housing in Forest Area township?

The average housing price in Forest Area township is approximately $145,000.