Living in Forest Lakes, Arizona
Cost of living, income, home prices, rent and demographics of Forest Lakes · Census data 2020–2024
Forest Lakes has 204 residents with a median age of 59.9. The median household income is $87,852 (10% higher than the Arizona median), the median home value is $452,800.
Forest Lakes is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Forest Lakes at a glance
- Population
- 204
- Median age
- 59.9State: 39
- Median household income
- $87,852State: $79,964
- Median home value
- $452,800State: $394,500
- Homeowners
- 89.4%
- Bachelor's degree or higher
- 58.3%
Is Forest Lakes a good place to live?
Pros: Median household income 10% higher than the Arizona median.
Cons: Home values 15% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Forest Lakes
Housing is the biggest part of the cost of living. In Forest Lakes the median home value is $452,800, 36% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Forest Lakes median household income
The median household income in Forest Lakes is $87,852 and the income per person is $73,592. 0% of residents live below the poverty line (Arizona: 12.5%).
Housing in Forest Lakes: homes for sale and rent
- Housing units
- 993
- Owner-occupied
- 89.4%
- Renter-occupied
- 10.6%
- Vacant
- 88.6%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 1.81
88.6% of homes are vacant most of the year, a sign that Forest Lakes has many vacation and second homes.
Forest Lakes demographics
- Population
- 204
- Median age
- 59.9
- Under 18
- 0%
- 65 and older
- 43.6%
- Households
- 113
- Foreign-born
- 0%
- Veterans
- 13.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Forest Lakes ›
Education in Forest Lakes
58.3% of adults 25 and older in Forest Lakes have a bachelor's degree or higher (Arizona: 33.3%), and 21.1% have a graduate or professional degree.
Jobs and commute in Forest Lakes
- Unemployment rate
- 0%State: 5.1%
- Average commute
- —State: 25 min
- Work from home
- 79.1%
- Drive alone
- 20.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 89.4%
Forest Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Forest Lakes | 204 | $87,852 | $452,800 | — |
| Heber-Overgaard | 3,621 | $58,542 | $271,200 | $730 |
| Young | 236 | $24,766 | $228,300 | — |
| Tonto Village | 123 | $122,604 | $336,100 | — |
| Mead Ranch | 218 | $64,414 | — | — |
| Star Valley | 2,525 | $65,426 | $176,400 | — |
| Whispering Pines | 151 | $72,986 | $400,000 | — |
| Blue Ridge | 992 | $72,632 | $533,200 | — |
| Cibecue | 2,228 | $25,791 | $106,600 | $909 |
More for people moving to Forest Lakes
Forest Lakes ZIP code ›Weather and climate ›Living in Forest Lakes: FAQ
What is the median household income in Forest Lakes, AZ?
The median household income in Forest Lakes is $87,852, 10% higher than the Arizona median of $79,964 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Forest Lakes?
The median home value in Forest Lakes is $452,800, compared with $394,500 in Arizona.
Is Forest Lakes, AZ a good place to live?
Pluses: median household income 10% higher than the Arizona median. Minuses: home values 15% higher than the state median.
What is the median age in Forest Lakes?
The median age in Forest Lakes is 59.9 years (Arizona: 39).
What is the unemployment rate in Forest Lakes?
The unemployment rate in Forest Lakes is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Forest Lakes?
58.3% of adults in Forest Lakes have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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