Forestville, MI
Population 142 · Michigan
About Forestville, MI
Forestville is a small community located in Michigan with a population of 142 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,250 per year, which is 45% below the national median of $75,149. The median age of 62.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Forestville features a median home value of $134,400, which is 45% below the national median of $244,900. This makes Forestville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 141 total housing units, 76% are owner-occupied (54 units) and 24% are renter-occupied (17 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Forestville shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 23.9%, above the national average of 12.4%. Workers in Forestville have an average one-way commute time of 29.8 minutes.
Education & Demographics
13.3% of Forestville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 7.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 3.5% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in Forestville, MI
Compared to national averages, Forestville has a median household income of $41,250 (45% below the national median of $75,149). Home values average $134,400, which is 45% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Forestville's income is 38% below the state average of $66,017, and home values are 27% below the state median of $183,391.
Why Live in Forestville, MI?
Forestville offers affordable housing with a median home value of $134,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($41,250) that falls below the national average. However, Forestville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Forestville has a population of 142 with a median age of 62.8 years. Compare Forestville with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Forestville
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Free Soil | 139 | $50,000 | $91,000 | Compare |
| Honor | 145 | $45,250 | $180,200 | Compare |
| Pierson | 139 | $41,250 | $92,500 | Compare |
| Scotts | 145 | $87,667 | $132,800 | Compare |
| Copper Harbor | 135 | $54,286 | $285,400 | Compare |
| Hickory Corners | 151 | $96,105 | $260,200 | Compare |
| Bay View | 153 | $0 | $440,700 | Compare |
| Eagle Harbor | 130 | $106,625 | $267,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Forestville With Other Cities
Frequently Asked Questions about Forestville
What is the population of Forestville, MI?
The population of Forestville, MI is 142 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Forestville?
The median household income in Forestville, MI is $41,250 per year, which is 45% below the national median of $75,149.
What is the median home value in Forestville?
The median home value in Forestville, MI is $134,400, which is 45% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Forestville?
The median monthly rent in Forestville, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Forestville?
The unemployment rate in Forestville, MI is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Forestville, MI a good place to live?
Forestville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 142 and a median age of 62.8, the city appeals to established professionals and retirees.
How educated is Forestville, MI?
13.3% of residents in Forestville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Forestville?
Key cost-of-living indicators for Forestville, MI: median home value is $134,400 (45% below national), median rent is $0/month, and median household income is $41,250. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Forestville?
The poverty rate in Forestville, MI is 23.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Forestville, MI?
Forestville's population is 7.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 3.5% Asian, and 0.0% two or more races. 1.4% of residents are foreign-born.