Forada, MN
Population 140 · Minnesota
About Forada, MN
Forada is a small community in Minnesota with a population of 140 residents. The median household income is $68,750 per year, which is near the national average. The median age in Forada is 60.5 years.
Housing in Forada has a median home value of $233,300 and median monthly rent of $0. Of the 128 total housing units, the majority are owner-occupied, with 66 owner-occupied and 6 renter-occupied units.
The unemployment rate in Forada is 2.8% and the poverty rate is 11.4%. 21.2% of residents hold a bachelor's degree or higher. The average commute time is 35.8 minutes.
Cost of Living in Forada, MN
Compared to national averages, Forada has a median household income of $68,750 (9% below the national median of $75,149). Home values average $233,300, which is 5% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Forada's income is 7% below the state average of $74,221, and home values are 14% above the state median of $204,472.
Why Live in Forada, MN?
Forada offers affordable housing with a median home value of $233,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a low poverty rate of 11.4%, better than the national average.
Potential considerations include median household income ($68,750) that falls below the national average. However, Forada’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Forada has a population of 140 with a median age of 60.5 years. Compare Forada with other cities to see how it stacks up, or explore all cities in Minnesota.
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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 Forada
What is the population of Forada, MN?
The population of Forada, MN is 140 according to the latest Census data.
What is the median household income in Forada?
The median household income in Forada, MN is $68,750 per year.
What is the median home value in Forada?
The median home value in Forada, MN is $233,300.
What is the average rent in Forada?
The median monthly rent in Forada, MN is $0.
What is the unemployment rate in Forada?
The unemployment rate in Forada, MN is 2.8%.