Foreston, MN
Population 735 · Minnesota
About Foreston, MN
Foreston is a small community located in Minnesota with a population of 735 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,219 per year, which is 25% above the national median of $75,149. The median age of 34.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Foreston features a median home value of $247,900, which is 1% above the national median of $244,900. This positions Foreston in a moderately priced market relative to the rest of the country. Median monthly rent is $1,167, 0% above the national average of $1,163/month. Of the 253 total housing units, 90% are owner-occupied (223 units) and 10% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Foreston shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Foreston have an average one-way commute time of 31.8 minutes.
Education & Demographics
27.2% of Foreston residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.4% of the population being foreign-born.
Cost of Living in Foreston, MN
Compared to national averages, Foreston has a median household income of $94,219 (25% above the national median of $75,149). Home values average $247,900, which is 1% above the national median. Monthly rent at $1,167 is 0% above the US average of $1,163. Within Minnesota, Foreston's income is 27% above the state average of $74,221, and home values are 21% above the state median of $204,472.
Why Live in Foreston, MN?
Foreston offers a strong local economy with a median household income of $94,219, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a low poverty rate of 4.8%, better than the national average.
Foreston has a population of 735 with a median age of 34.1 years. Compare Foreston 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 Foreston
What is the population of Foreston, MN?
The population of Foreston, MN is 735 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Foreston?
The median household income in Foreston, MN is $94,219 per year, which is 25% above the national median of $75,149.
What is the median home value in Foreston?
The median home value in Foreston, MN is $247,900, which is 1% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Foreston?
The median monthly rent in Foreston, MN is $1,167, which is 0% above the national average of $1,163/month.
What is the unemployment rate in Foreston?
The unemployment rate in Foreston, MN is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Foreston, MN a good place to live?
Foreston offers above-average incomes, a competitive housing market, and a strong job market. With a population of 735 and a median age of 34.1, the city appeals to young professionals and families.
How educated is Foreston, MN?
27.2% of residents in Foreston 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 Foreston?
Key cost-of-living indicators for Foreston, MN: median home value is $247,900 (1% above national), median rent is $1,167/month, and median household income is $94,219. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Foreston?
The poverty rate in Foreston, MN is 4.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Foreston, MN?
Foreston's population is 2.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.4% of residents are foreign-born.