55738, Forbes, MN

The Forbes zip code 55738 has a median home value of $154,900 and a median home equity value of $101,200. These values are higher than the Minnesota state median home value of $146,600 and the national median home equity value of $117,200.

Forbes is an affluent community with a population of approximately 2,000. The majority of residents are white (92%) and have at least a college degree (79%). The average household income is above the state and national averages. Home prices in Forbes are significantly higher than in other parts of Minnesota and the United States due to its high level of education and income levels.

There are several factors that contribute to high home values in Forbes:

-The community has a high level of education and income levels

-There is limited inventory available

-The area is popular with buyers who want access to excellent schools

-There is strong demand from people who want to live in an affluent community