Forest Lakes, AZ
Population 217 · Arizona
About Forest Lakes, AZ
Forest Lakes is a small community in Arizona with a population of 217 residents. The median household income is $85,242 per year, which is above the national average. The median age in Forest Lakes is 65.1 years.
Housing in Forest Lakes has a median home value of $412,500 and median monthly rent of $0. Of the 990 total housing units, the majority are owner-occupied, with 104 owner-occupied and 10 renter-occupied units.
The unemployment rate in Forest Lakes is 0.0% and the poverty rate is 0.0%. 54.4% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
How Forest Lakes Ranks in Arizona
Cost of Living in Forest Lakes, AZ
Compared to national averages, Forest Lakes has a median household income of $85,242 (13% above the national median of $75,149). Home values average $412,500, which is 68% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arizona, Forest Lakes's income is 37% above the state average of $62,086, and home values are 74% above the state median of $237,048.
Why Live in Forest Lakes, AZ?
Forest Lakes offers a strong local economy with a median household income of $85,242, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 54.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $412,500. However, Forest Lakes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Forest Lakes has a population of 217 with a median age of 65.1 years. Compare Forest Lakes with other cities to see how it stacks up, or explore all cities in Arizona.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Forest Lakes
What is the population of Forest Lakes, AZ?
The population of Forest Lakes, AZ is 217 according to the latest Census data.
What is the median household income in Forest Lakes?
The median household income in Forest Lakes, AZ is $85,242 per year.
What is the median home value in Forest Lakes?
The median home value in Forest Lakes, AZ is $412,500.
What is the average rent in Forest Lakes?
The median monthly rent in Forest Lakes, AZ is $0.
What is the unemployment rate in Forest Lakes?
The unemployment rate in Forest Lakes, AZ is 0.0%.