Forest Park, OH
Population 19,994 · Ohio
About Forest Park, OH
Forest Park is a mid-sized city located in Ohio with a population of 19,994 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,201 per year, which is 11% below the national median of $75,149. The median age of 38.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Forest Park features a median home value of $163,200, which is 33% below the national median of $244,900. This positions Forest Park in a moderately priced market relative to the rest of the country. Median monthly rent is $1,172, 1% above the national average of $1,163/month. Of the 8,131 total housing units, 56% are owner-occupied (4,485 units) and 44% are renter-occupied (3,558 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Forest Park shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 10.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Forest Park have an average one-way commute time of 23.9 minutes.
Education & Demographics
30.9% of Forest Park 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 1.7% White, 0.7% Hispanic or Latino, 0.3% Black or African American, and 7.9% Asian residents, with 18.6% of the population being foreign-born.
Cost of Living in Forest Park, OH
Compared to national averages, Forest Park has a median household income of $67,201 (11% below the national median of $75,149). Home values average $163,200, which is 33% below the national median. Monthly rent at $1,172 is 1% above the US average of $1,163. Within Ohio, Forest Park's income is 6% below the state average of $71,814, and home values are 6% below the state median of $174,449.
Why Live in Forest Park, OH?
Forest Park offers affordable housing with a median home value of $163,200, below the US average of $244,900, and a low poverty rate of 10.9%, better than the national average, and short commute times averaging just 23.9 minutes.
Potential considerations include median household income ($67,201) that falls below the national average. However, Forest Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Forest Park has a population of 19,994 with a median age of 38.3 years. Compare Forest Park with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Forest Park
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Whitehall | 19,974 | $50,812 | $138,700 | Compare |
| Mayfield Heights | 20,082 | $62,511 | $187,600 | Compare |
| Miamisburg | 19,859 | $82,095 | $203,700 | Compare |
| Oregon | 19,821 | $82,467 | $191,300 | Compare |
| Broadview Heights | 19,768 | $99,431 | $292,500 | Compare |
| Springboro | 19,577 | $112,872 | $330,300 | Compare |
| Painesville | 20,453 | $50,455 | $151,400 | Compare |
| Sidney | 20,457 | $59,560 | $159,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Forest Park With Other Cities
Frequently Asked Questions about Forest Park
What is the population of Forest Park, OH?
The population of Forest Park, OH is 19,994 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Ohio.
What is the median household income in Forest Park?
The median household income in Forest Park, OH is $67,201 per year, which is 11% below the national median of $75,149.
What is the median home value in Forest Park?
The median home value in Forest Park, OH is $163,200, which is 33% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Forest Park?
The median monthly rent in Forest Park, OH is $1,172, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Forest Park?
The unemployment rate in Forest Park, OH is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Forest Park, OH a good place to live?
Forest Park offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 19,994 and a median age of 38.3, the city appeals to a broad range of residents.
How educated is Forest Park, OH?
30.9% of residents in Forest Park 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 Forest Park?
Key cost-of-living indicators for Forest Park, OH: median home value is $163,200 (33% below national), median rent is $1,172/month, and median household income is $67,201. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Forest Park?
The poverty rate in Forest Park, OH is 10.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Forest Park, OH?
Forest Park's population is 1.7% White, 0.7% Hispanic or Latino, 0.3% Black or African American, 7.9% Asian, and 53.9% two or more races. 18.6% of residents are foreign-born.