Forest City, FL
Population 14,871 · Florida
About Forest City, FL
Forest City is a mid-sized city in Florida with a population of 14,871 residents. The median household income is $84,337 per year, which is above the national average. The median age in Forest City is 41.1 years.
Housing in Forest City has a median home value of $364,900 and median monthly rent of $1,706. Of the 5,835 total housing units, the majority are owner-occupied, with 3,548 owner-occupied and 1,951 renter-occupied units.
The unemployment rate in Forest City is 4.1% and the poverty rate is 9.4%. 41.9% of residents hold a bachelor's degree or higher. The average commute time is 27.6 minutes.
Cost of Living in Forest City, FL
Compared to national averages, Forest City has a median household income of $84,337 (12% above the national median of $75,149). Home values average $364,900, which is 49% above the national median. Monthly rent at $1,706 is 47% above the US average of $1,163. Within Florida, Forest City's income is 11% above the state average of $75,893, and home values are 3% above the state median of $353,675.
Why Live in Forest City, FL?
Forest City offers a strong local economy with a median household income of $84,337, well above the national average, and a well-educated community where 41.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.4%, better than the national average.
Forest City has a population of 14,871 with a median age of 41.1 years. Compare Forest City with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Forest City
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oldsmar | 14,872 | $76,100 | $346,900 | Compare |
| St. Augustine | 14,979 | $80,473 | $409,200 | Compare |
| Lockhart | 14,753 | $70,051 | $247,400 | Compare |
| West Park | 15,076 | $58,825 | $324,000 | Compare |
| Thonotosassa | 14,660 | $67,447 | $287,600 | Compare |
| Gladeview | 14,657 | $44,560 | $295,000 | Compare |
| Naranja | 14,610 | $55,563 | $310,700 | Compare |
| Key Biscayne | 14,560 | $172,604 | $1,238,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Forest City
What is the population of Forest City, FL?
The population of Forest City, FL is 14,871 according to the latest Census data.
What is the median household income in Forest City?
The median household income in Forest City, FL is $84,337 per year.
What is the median home value in Forest City?
The median home value in Forest City, FL is $364,900.
What is the average rent in Forest City?
The median monthly rent in Forest City, FL is $1,706.
What is the unemployment rate in Forest City?
The unemployment rate in Forest City, FL is 4.1%.