HomeIowaWinnebago CountyForest City city
Forest City city, Iowa: commercial real estate data.
Forest City city is a Census city of 4,290 people across 4.59 square miles of land, lying across Winnebago County and Hancock County. Median household income is $69,205, 66.7 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $313,500.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Forest City
What Forest City is
- Census place typecity
- Land area4.59 sq mi
- Water area0 sq mi
- Population per square mile of land935
- County holding the largest share of its areaWinnebago County, 55.4 percent
- Counties this place lies inWinnebago County 55.4 percent, Hancock County 44.6 percent
Forest City city crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest City
How many people live in Forest City
- Population4,290
- Median age34.4
- Population under 18974
- Share under 1822.7 percent
- Population 65 and over756
- Share 65 and over17.6 percent
- Households1,653
- Family households944
- Share of households that are families57.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest City
Income and work in Forest City
- Median household income$69,205 plus or minus $16,191
- Per capita income$36,930
- Civilian labor force2,239
- Employed2,178
- Unemployed61 plus or minus 56
- Unemployment rate2.7 percent plus or minus 2.5
- Adults 25 and over2,621
- Adults 25 and over with a high school diploma or higher95.5 percent
- Adults 25 and over with a bachelor degree or higher29.2 percent plus or minus 6.0
- Adults 25 and over with a graduate degree12.6 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest City
Housing in Forest City
- Housing units1,775
- Occupied units1,653
- Vacant units122 plus or minus 86
- Vacancy rate6.9 percent plus or minus 4.8
- Owner occupied1,102
- Renter occupied551 plus or minus 136
- Ownership rate66.7 percent
- Median owner-occupied home value$143,500
- Median gross rent, monthly$720
- Annual rent as a share of median income12.5 percent plus or minus 2.9
- Single family units1,250
- Share single family70.4 percent
- Units in buildings of two or more421 plus or minus 143
- Share in buildings of two or more23.7 percent plus or minus 7.9
- Mobile homes104 plus or minus 69
- Median year structure built1971
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest City
How Forest City gets to work
- Workers 16 and over who commute2,013
- Commuting under 15 minutes1,376
- Share commuting under 15 minutes68.4 percent
- Commuting 30 minutes or more287 plus or minus 128
- Share commuting 30 minutes or more14.3 percent plus or minus 6.1
- Drove alone75.1 percent
- Carpooled7.1 percent plus or minus 3.3
- Public transport0.2 percent plus or minus 0.5
- Walked8.5 percent plus or minus 5.1
- Worked from home6.0 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest City
SBA loans in Forest City (7(a))
- Approvals3
- Gross approval$313,500
- Average approval$104,500
- Median approval$85,000
- Ninetieth percentile approval$193,500
- Largest approval$193,500
- Jobs supported12
- Jobs per approval4.0
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term180 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Forest City
SBA loans in Forest City (504)
- Approvals2
- Gross approval$772,000
- Average approval$386,000
- Median approval$649,000
- Largest approval$649,000
- Jobs supported7
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Winnebago County, not Forest City
Winnebago County context, not Forest City figures
These are Winnebago County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Forest City measurements.
- Establishments in Winnebago County300
- Employment at those establishments, Winnebago County6,043
- Covered employment, Winnebago County4,041
- Average annual pay, Winnebago County$47,021
- Average weekly wage, Winnebago County$904
- Housing units permitted, Winnebago County4
- Of those, single family, Winnebago County4
- County product, 2024, Winnebago County$690,062,000
- County product change over the prior year, Winnebago County8.9 percent
- Average income of an arriving household, Winnebago County$51,253
Every figure in this section is published for Winnebago County as a whole and is not a measurement of Forest City. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Forest City questions, answered from the record.
How many people live in Forest City, Iowa?
4,290, in 1,653 households. Forest City city covers 4.59 square miles of land, which is 935 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Forest City in?
Forest City lies in more than one. By area it is 55.4 percent in Winnebago County, 44.6 percent in Hancock County. This page sits under Winnebago County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Forest City?
$69,205. The median owner-occupied home is valued at $143,500. Median gross rent is $720 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Forest City businesses?
3 7(a) approvals totalling $313,500, across 1 lenders, median approval $85,000, plus 2 504 approvals worth $772,000. These count approvals to borrowers whose address is in Forest City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Forest City borrowers get paid back?
No rate is published for Forest City. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Forest City figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Winnebago County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Forest City.
Is zoning published for Forest City?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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