Population 377 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Forbes
Household size in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 2.37 | 2.52 | 2.68 |
| 2010–14 | 2.37 | 2.54 | 2.73 |
| 2015–19 | 2.40 | 2.55 | 2.71 |
| 2020–24 | 2.61 | 2.52 | 2.65 |
| Change | +0.24 | +0.00 | −0.03 |
Households in Forbes average 2.61 people, about the same as the country as a whole (2.65). The typical household here is bigger than in Minnesota as a whole, where it has 2.52 people. Household size has climbed from 2.37 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 46.9 | 37.9 | 37.7 |
| 2010–14 | 50.6 | 38.9 | 38.6 |
| 2015–19 | 52.7 | 39.6 | 39.6 |
| 2020–24 | 47.1 | 40.0 | 40.1 |
| Change | +0.2 | +2.1 | +2.3 |
With a median age of 47.1, Forbes is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 6.0% | 9.9% | 12.3% |
| 2010–14 | 4.6% | 10.2% | 12.3% |
| 2015–19 | 3.1% | 9.7% | 11.6% |
| 2020–24 | 3.6% | 9.6% | 11.6% |
| Change | −2.5 pts | −0.3 pts | −0.6 pts |
Single parents head only 3.6% of households in Forbes, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Forbes
Renters in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 2.1% | 25.8% | 33.3% |
| 2010–14 | 3.4% | 27.9% | 35.6% |
| 2015–19 | 4.6% | 28.4% | 36.0% |
| 2020–24 | 2.4% | 27.8% | 34.8% |
| Change | +0.3 pts | +2.0 pts | +1.5 pts |
Only 2.4% of households in Forbes rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. About half of owners (50.6%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 17.7% | 9.2% | 11.4% |
| 2010–14 | 27.5% | 9.0% | 11.4% |
| 2015–19 | 23.6% | 8.7% | 11.1% |
| 2020–24 | 22.2% | 8.3% | 9.6% |
| Change | +4.6 pts | −0.9 pts | −1.8 pts |
Vacancy is high in Forbes: 22.2% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 1973 | 1973 | 1974 |
| 2010–14 | 1976 | 1974 | 1975 |
| 2015–19 | 1973 | 1975 | 1977 |
| 2020–24 | 1976 | 1978 | 1980 |
| Change | +3 | +5 | +6 |
Homes in Forbes are about the same age as the nation's housing: the median home was built in 1976, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | $575 | $882 | $965 |
| 2010–14 | $1,042 | $953 | $1,040 |
| 2015–19 | $775 | $1,099 | $1,213 |
| 2020–24 | $675 | $1,404 | $1,571 |
| Change | +$100 | +$522 | +$606 |
A typical rental in Forbes costs $675 a month with utilities, well below the national median of $1,571. The typical renter here spends 19.6% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Forbes
Bachelor's degrees in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 15.1% | 32.1% | 28.4% |
| 2010–14 | 12.6% | 33.7% | 29.6% |
| 2015–19 | 14.4% | 36.2% | 32.1% |
| 2020–24 | 16.5% | 39.6% | 35.6% |
| Change | +1.4 pts | +7.4 pts | +7.2 pts |
Fewer adults in Forbes have a four-year degree than in the country as a whole: 16.5%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 88.3% | 91.4% | 84.9% |
| 2010–14 | 92.5% | 92.2% | 86.1% |
| 2015–19 | 93.6% | 93.0% | 87.7% |
| 2020–24 | 96.4% | 93.7% | 89.3% |
| Change | +8.1 pts | +2.3 pts | +4.3 pts |
High school completion is high in Forbes: 96.4% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Forbes
| Period | Forbes | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 7.0% | 6.5% | 8.1% |
| 2010–14 | 7.4% | 6.5% | 9.4% |
| 2015–19 | 6.4% | 3.7% | 5.6% |
| 2020–24 | 5.9% | 4.1% | 5.4% |
| Change | −1.1 pts | −2.4 pts | −2.7 pts |
At 5.9%, unemployment in Forbes is close to the national rate of 5.4%. The rate is higher than in Minnesota overall (4.1%). Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Forbes compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Forbes | 2.61 | 47.1 | 3.6% | 2.4% | 22.2% | 1976 | $675 | 16.5% | 96.4% | 5.9% |
| Zim | 2.59 | 46.0 | 3.3% | 2.8% | 25.9% | 1976 | $722 | 19.0% | 96.7% | 5.9% |
| Iron | 2.34 | 48.2 | 4.3% | 6.2% | 15.2% | 1975 | $1,043 | 19.0% | 97.8% | 4.0% |
| Iron Junction | 2.31 | 49.4 | 3.3% | 4.5% | 15.5% | 1974 | $1,276 | 19.3% | 98.7% | 3.8% |
| Little Swan | 2.50 | 49.9 | 3.4% | 3.0% | 24.8% | 1975 | $675 | 17.3% | 95.7% | 5.6% |
| Wilpen | 2.23 | 53.0 | 5.1% | 5.7% | 8.0% | 1975 | $679 | 24.2% | 93.9% | 6.1% |
| Kelsey | 2.52 | 46.4 | 5.8% | 6.1% | 26.1% | 1972 | $968 | 29.2% | 97.3% | 6.3% |
| Toivola | 2.38 | 52.6 | 3.7% | 4.0% | 26.8% | 1973 | $673 | 17.8% | 95.0% | 5.1% |
| Eveleth | 2.14 | 43.9 | 8.7% | 24.0% | 17.0% | 1954 | $1,016 | 24.4% | 94.9% | 4.2% |
| Genoa | 2.30 | 47.6 | 3.6% | 4.0% | 16.7% | 1964 | $1,111 | 26.2% | 98.6% | 2.8% |
| Leonidas | 2.18 | 47.6 | 13.9% | 16.5% | 10.4% | 1961 | $913 | 27.0% | 91.3% | 3.9% |
All figures 2020–24.
Cities with similar populations: Rockton, WI · Lumber, AR · Lyra, OH · Magness, AR · Magnet, IL · Malden, WA · Manfred, AR · Manson, IN · Markhams, NY · Mason, OK
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Forbes. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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