Real Estate details: Forest lake MN vs Bangor ME
RE Insights
| Metric | Forest lake | Bangor |
|---|---|---|
| Population | 20,857 | 31,588 |
| Median Home Price | $374,000 | $227,000 |
| Rent | 27% | 54% |
| Own | 73% | 46% |
Real Estate Insights Comparison: Forest lake vs Bangor
- The population in Bangor is greater at 31,588 compared to 20,857 in Forest lake.
- A higher median home price of $374,000 is found in Forest lake compared to $227,000 in Bangor.
- The rent percentage in Bangor is higher at 54% compared to 27% in Forest lake.
- A greater percentage of homeowners in Forest lake at 73% compared to 46% in Bangor.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.