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Businesses for Sale | Forest Lake, Minnesota

Discover business opportunities, in or around Forest Lake, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Forest Lake, located in The North Star State had a total population of 21,886 people.

Top Franchise Opportunities in Forest Lake, Minnesota on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Business Opportunities$100,000
2Business Opportunities$30,000
3Business Services$50,000
4Computer & Internet Franchises$10,000
5Financial Franchises$70,000
6Home Services & Repair Franchises$50,000
7Sports & Leisure$60,000
8Home Services & Repair Franchises$85,000
9Cleaning Franchises$100,000
10Food & Restaurant$200,000

City Statistics and Other Information About Forest Lake

Demographics

From a total population of 21,886, Forest Lake has a median age of 39. The average age of males, in Forest Lake, is 38 while the average age of females is 40. When you compare the median age of men and women in Forest Lake, there is an average difference of 1.35 years.

Income

The median income of individuals, in Forest Lake, is $50,022 while the average household income is $93,641. In 2029, the average income per capita for Forest Lake is expected to be $50,022.

Additional Information

55025
Washington County

Is Forest Lake the Best Location for Franchise Opportunities and Growth?

What is the average income in Forest Lake?

The median household income in Forest Lake is $93,641, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Forest Lake an affordable place to start a franchise?

With a median income of $93,641, Forest Lake presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Forest Lake's income compare to other locations?

The median income of $93,641 in Forest Lake is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Forest Lake have a stable workforce to support my business?

Absolutely! With 6,324 employed individuals, Forest Lake offers a solid labor force to support franchise growth.

Is Forest Lake a growing economy?

With a workforce of 6,324 and a median household income of $93,641, Forest Lake provides a stable economic environment for new business opportunities.

Does homeownership in Forest Lake indicate a stable market?

Homeownership rates at 6,077 show a strong local investment in the community, which benefits long-term franchise success.

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