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The total population of Forest City is estimated to be 204 with 100 males (49.02%) and 104 females (50.98%). There are 4 more females than males in Forest City.
The median household income in Forest City was $62,152 in 2021, which marked an an increase of 8,800(16.49%) from $53,352 in 2020. This income is 83.31% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Forest City sees its highest median household income among householders in the age group of 25 to 44 years old, at $65,530. Overall, the median household income for the village of Forest City stands at $62,152.
In Forest City, the median income for all workers aged 15 years and older, regardless of work hours, was $55,397 for males and $21,957 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,293 for males and $34,979 for females.
In Forest City, population is primarily represented by White households, reporting a median income of $62,828.
In 2022, the population of Forest City was 212, a 0.93% decrease year-by-year from 2021. Previously, in 2021, Forest City's population was 214, a decline of 1.83% compared to a population of 218 in 2020.
The median age in Forest City, IL is 32.1, as per 2021 ACS 5-Year Estimates. Of the total population, 33.33% were under the age of 15, 7.89% aged 15 to 29, 44.09% aged 30 to 64, 11.83% aged 65 to 84, and 2.87% were 85 years of age and older.
Racial distribution of Forest City population: 94.27% are White and 5.73% are multiracial.