ExecutivePulse
Official Federal Data

Forest County, Wisconsin

FIPS 55041 · Population 9,369
9 Sources Updated June 22, 2026
$61,071
Median Income
$80,734 national
4.5%
Unemployment
4% national
$430M
GDP
16.1%
Bachelor's+
35.7% national
Small population: 9,369 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$61,071
Per Capita
$33,817
Mean Household
$77,601
Poverty Rate
15.2% approx.
Median Income Comparison
Forest County$61,071
Wisconsin$77,485
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 25.4% (2,376 residents) 55-64: 17.2% (1,616 residents) 35-54: 21.7% (2,035 residents) 18-34: 16.4% (1,538 residents) Under 18: 19.3% (1,804 residents) 49 Median Age
Cohorts
Under 18 · 19.3%
18-34 · 16.4%
35-54 · 21.7%
55-64 · 17.2%
65+ · 25.4%
Race & Ethnicity
White78.1%
Black or African American0.4%
Asian0.1%
Hispanic or Latino(any race)2.2%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
90.3%
High School+
National: 89.6%
▲ +0.7 pts
16.1%
Bachelor's+
National: 35.7%
▼ 19.6 pts
4%
Graduate+
National: 14.1%
▼ 10.1 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
9,369
Population
3,844
Labor Force
Employed
3,731
Unemployment Rate BLS LAUS 2025 annual
4.5% ▲ +0.5 pts YoY
Mean Commute 1 min below national avg
25.1 min
Work From Home vs 15.1% national
8%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Elevated poverty: At 15.2%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 19.6 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 49 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$430M
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Forest County, Wisconsin, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Retail Trade
264 39.1%
$24,897
2Manufacturing
232 34.3%
$57,062
3Finance and Insurance
63 9.3%
$50,855
4Professional, Scientific, and Technical Services
58 8.6%
$61,334
5Transportation and Warehousing
47 7.0%
$41,543
6Real Estate and Rental and Leasing
12 1.8%
$27,127
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Key Takeaways
  • Largest sector: Retail Trade employs 264 workers (39.1% of tracked sectors), at an average wage of $24,897.
  • Economic scale: Regional GDP of $430M (2024).
  • Wage stratification: Professional, Scientific, and Technical Services averages $61,334 while Retail Trade averages $24,897, a 2.5x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Gasoline Stations and Fuel Dealers
2.54x
55

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
55
Cluster Employment
2.54x
Peak LQ
Concentrated Sub-Sectors
Gasoline Stations and Fuel Dealers
2.54x 55

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.26x
Professional, Scientific, and Technical Services
58 employed
0.31x
Ambulatory Health Care Services
58 employed
Key Takeaways
  • Top specialization: Gasoline Stations and Fuel Dealers concentrates at 2.54x the national norm.
Source: BLS QCEW sub-sector Location Quotients.
Forest County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$185,000
Median Home Value vs 2019
$594
Rent/Mo
82%
Owner-Occ
54%
Vacancy
3.0x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$694/mo
1 Bedroom
$742/mo
2 Bedroom
$973/mo
3 Bedroom
$1,182/mo
4 Bedroom
$1,288/mo
30% of monthly median household income (~$1,527/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.0x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 82% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 54% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,527/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
5,189
Working Age (18-64) vs 2019
Mean Commute 1 min below national avg
25.1 min
Work From Home vs 15.1% national
8%
Prime-Age Employed (25-54)
75.3%
of prime-age population
Labor force participation rate: 50.8% of working-age population (18-64) 51% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
16.1%
HS Diploma+
90.3%
Regional / Statewide Institutions
Total credentials awarded
36,732/yr
University of Wisconsin-Madison 17,447/yr
University of Wisconsin-Milwaukee 5,987/yr
Marquette University 3,757/yr
Madison Area Technical College 3,280/yr
University of Wisconsin-Whitewater 3,231/yr
University of Wisconsin-Eau Claire 3,030/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
31.1%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
32.7%
Service
17.9%
Sales & Office
18.5%
Construction / Maint.
13.2%
Production / Transport
17.7%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 3,731 employed workers.
Key Takeaways
  • Succession risk is real: 31.1% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 50.8% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 27,191 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Forest County shows emerging potential for gasoline stations and fuel dealers attraction, with a 2.54x concentration and 55 jobs in this sub-sector. Near-term succession risk is elevated, with 31.1% of the working-age population within 10 years of retirement age.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Forest County, Wisconsin, from federal data sources.

What is the population of Forest County, Wisconsin?

9,369 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Forest County, Wisconsin?

$61,071 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Forest County, Wisconsin?

4.5% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Forest County, Wisconsin?

$430M (U.S. Bureau of Economic Analysis, CAGDP1).