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CITY

Forest Oaks

North Carolina · 4,293 residents · 4.799 sq mi
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The short version

Forest Oaks is significantly wealthier than the US average, with a median household income of $107,604. Population has grown 32% since 2000. 46% of adults hold a bachelor's degree or higher. Median home value has more than doubled since 2000, reaching $349,300. With a median age of 48.4, the population is older than the US median of 38.9. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 48.4
US median: 38.9
More educated
46% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,293
+32%since 2000
from 3,241 in 2000
1990 – 2024
Population density
895 / sq mi
+32%since 2000
from 675 / sq mi in 2000
US average: 281
Median age
48.4
+9%since 2000
from 44.3 in 2000
US average: 38.9
Population, 1990 – 2024
3K3K4K4K4K1990201020202024Forest Oaks
20244K
1990201020202024
Section 02

Income & economy

Median household income
$107,604
−4%inflation adjusted, since 2000
from $61,827 in 2000
US average: $82,259
1990 – 2024
Per capita income
$44,057
+72%since 2000
from $25,682 in 2000
US average: $44,673
Households earning $100K+
59.2%
+9.3 ptssince 2009
from 49.9% in 2009
US average: 53.3%
Poverty rate
20.4%
+15.7 ptssince 2000
from 4.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.447
+26%since 2010
from 0.356 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade11.3%
US avg: 9.9%
Information8.5%
US avg: 10.8%
Other services7.6%
US avg: 6.7%
Public administration4%
US avg: 4.8%
Wholesale trade3.5%
US avg: 6.9%
Finance & insurance0.1%
US avg: 5.9%
Professional, scientific, technical0.1%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$349,300
+21%inflation adjusted, since 2000
from $158,000 in 2000
US average: $376,019
1990 – 2024
Owner-occupied
90.6%
−4.4 ptssince 2000
from 94.9% in 2000
9.4% rent
Vacancy rate
4.6%
+2.0 ptssince 2009
from 2.7% in 2009
US average: 10.0%
Owner cost-burdened
16.5%
−8.1 ptssince 2009
from 24.6% in 2009
US average: 22.9%
Renter cost-burdened
94.1%
+40.0 ptssince 2009
from 54.1% in 2009
US average: 47.4%
Afford Score
3.2
+27%since 2000
from 2.6 in 2000
1990 – 2024
Gentrification Score
27
RELATED:See current rent listings in Forest Oaks on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.1%(3,049)
Black4.5%(147)
Hispanic / Latino0.3%(11)
Asian0.2%(6)
Other0%
Diversity Score12.2%(394)
2024
White, non-Hispanic74.6%(3,203)
Black18.4%(791)
Hispanic / Latino0%(0)
Asian1%(43)
Other6%(256)
Diversity Score50.7%(2,177)
Diversity Score
51
+317%since 2000
from 12 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
46.1%
+6.0 ptssince 2000
from 40.0% in 2000
US average: 35.6%
High school or higher
100.0%
+8.0 ptssince 2000
from 92.0% in 2000
US average: 89.6%
Graduate degree
17.3%
+8.1 ptssince 2000
from 9.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
22.0 min
+48%since 2000
from 14.9 min in 2000
US average: 26.5
Drive alone to work
66.5%
−24.4 ptssince 2009
from 90.9% in 2009
US average: 68.9%
Carpooled to work
13.3%
+9.9 ptssince 2009
from 3.4% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
20.2%
+16.0 ptssince 2009
from 4.2% in 2009
US average: 15.0%
Walked to work
0.0%
−1.5 ptssince 2009
from 1.5% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
4.4%
+4.4 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−5.2 ptssince 2011
from 5.2% in 2011
US average: 5.2%
Labor force participation
54.2%
−11.8 ptssince 2011
from 66.0% in 2011
US average: 63.5%
Self-employed
12.8%
−6.9 ptssince 2009
from 19.6% in 2009
US average: 13.1%
Management & professional
51.9%
−27.4 ptssince 2009
from 79.2% in 2009
US average: 42.5%
Section 08

People & community

Male
47.0%
+5.5 ptssince 2009
from 41.5% in 2009
Female
53.0%
−5.5 ptssince 2009
from 58.5% in 2009
Foreign born
14.8%
+13.3 ptssince 2009
from 1.5% in 2009
US average: 14.1%
Veterans
10.1%
−31.8 ptssince 2009
from 41.9% in 2009
US average: 6.2%
With a disability
7.7%
−0.9 ptssince 2012
from 8.6% in 2012
US average: 13.3%
Uninsured
14.5%
−83.9 ptssince 2013
from 98.4% in 2013
US average: 8.4%
Broadband at home
96.5%
+6.1 ptssince 2017
from 90.4% in 2017
US average: 91.0%
English only at home
94.7%
−2.1 ptssince 2016
from 96.8% in 2016
US average: 77.7%
Spanish at home
0.0%
−1.5 ptssince 2016
from 1.5% in 2016
US average: 13.6%
Drill deeper

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Compare Forest Oaks to nearby cities

FOREST OAKS VS
Greensboro
Income$61,515−43%
Home value$244,800−30%
Population308,667+7090%
SEE FULL COMPARISON →
FOREST OAKS VS
Gibsonville
Income$95,861−11%
Home value$298,000−15%
Population9,876+130%
SEE FULL COMPARISON →
FOREST OAKS VS
Elon
Income$84,773−21%
Home value$366,300+5%
Population11,366+165%
SEE FULL COMPARISON →
FOREST OAKS VS
Burlington
Income$56,880−47%
Home value$199,200−43%
Population61,496+1332%
SEE FULL COMPARISON →
Frequently asked

How many people live in Forest Oaks, North Carolina?

Forest Oaks, North Carolina has about 4,293 residents according to the 2024 American Community Survey.

What is the median household income in Forest Oaks, North Carolina?

The typical household in Forest Oaks, North Carolina earns about $107,604 a year. Half of households make more than that, and half make less.

Is Forest Oaks, North Carolina expensive?

In Forest Oaks, North Carolina, the median home is worth about $349,300.

How educated are people in Forest Oaks, North Carolina?

About 46.1% of adults age 25 and over in Forest Oaks, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Forest Oaks, North Carolina?

About 20.4% of people in Forest Oaks, North Carolina live below the federal poverty line.

Has Forest Oaks, North Carolina grown since 1990?

Yes, Forest Oaks, North Carolina has grown since 1990. The population has added about 1,222 residents, a change of about 40 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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