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Forbes, MN 55738 has a population of approximately 498 and experiences a population change rate of -21.08%. The population density is 4.6 / sq mi .
The median household income for Forbes, MN 55738 is $71,000, with 232 households and an average household size of 2.49.
The median value of a home in Forbes, MN 55738 is $170,900 with an appreciation rate of 13.20%. 76.21% of housing in the state is owned while 3.79% is rented.
The cost of living in Forbes, MN 55738 is 88.1 %.
The unemployment rate in Forbes, MN 55738 is 3.40%, and recent job growth is at 0.07%. Future job growth is projected at 30.12%.
The sales tax rate in Forbes, MN 55738 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Forbes, MN 55738 are $16,248, and the school ratio is 15.2:1.
The average high temperature in July is 77 degrees, with an average low temperature in January of -4.5 degrees. The average rainfall is approximately 26.9 inches per year, with 58.2 inches of snow per year.