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CITY · 2020 ACS

Forest Oaks

North Carolina · 4,209 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 $95,021. Population has grown 30% since 2000. 47% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has risen by half since 2000, reaching $260,200. With a median age of 46.6, the population is older than the US median of 38.8. Households here earn about 68% more than the North Carolina median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 46.6
US median: 38.8
More educated
47% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
4,209
+30%since 2000
from 3,241 in 2000
1990 – 2024
Population density
877 / sq mi
+30%since 2000
from 675 / sq mi in 2000
US average: 280
Median age
46.6
+5%since 2000
from 44.3 in 2000
US average: 38.8
Population, 1990 – 2024
3K3K4K4K4K1990201020202024Forest Oaks
20244K
1990201020202024
Section 02

Income & economy

Median household income
$95,021
+2%inflation adjusted, since 2000
from $61,827 in 2000
US average: $66,278
1990 – 2024
Per capita income
$43,708
+70%since 2000
from $25,682 in 2000
US average: $35,364
Households earning $100K+
62.2%
+12.3 ptssince 2009
from 49.9% in 2009
US average: 43.9%
Poverty rate
3.4%
−1.4 ptssince 2000
from 4.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Information19.1%
US avg: 11.1%
Retail trade9.7%
US avg: 10%
Other services6.7%
US avg: 6.6%
Public administration5.3%
US avg: 4.7%
Finance & insurance4.4%
US avg: 5.5%
Professional, scientific, technical4.4%
US avg: 4.7%
Wholesale trade4.1%
US avg: 6.7%
Transportation & warehousing1.9%
US avg: 2.5%
Arts, entertainment, food1.2%
US avg: 2%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$260,200
+10%inflation adjusted, since 2000
from $158,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,684
+35%inflation adjusted, since 2000
from $833 in 2000
US average: $1,124
Owner-occupied
93.6%
−1.3 ptssince 2000
from 94.9% in 2000
6.4% rent
Afford Score
2.7
+7%since 2000
from 2.6 in 2000
1990 – 2024
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)
2020
White, non-Hispanic71%(2,989)
Black19.7%(828)
Hispanic / Latino3.5%(148)
Asian1.2%(51)
Other2.1%(89)
Diversity Score53.4%(2,248)
Diversity Score
53
+339%since 2000
from 12 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
47.3%
+7.3 ptssince 2000
from 40.0% in 2000
US average: 32.9%
High school or higher
98.2%
+6.3 ptssince 2000
from 92.0% in 2000
US average: 88.5%
Graduate degree
14.6%
+5.4 ptssince 2000
from 9.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.8 min
+53%since 2000
from 14.9 min in 2000
US average: 26.9
Drive alone to work
77.3%
−13.6 ptssince 2009
from 90.9% in 2009
US average: 75.1%
No vehicle available
4.7%
+4.7 ptssince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.6%
−3.6 ptssince 2011
from 5.2% in 2011
US average: 5.4%
Labor force participation
58.5%
−7.5 ptssince 2011
from 66.0% in 2011
US average: 63.4%
Management & professional
55.3%
−23.9 ptssince 2009
from 79.2% in 2009
US average: 39.3%
Section 08

People & community

Male
48.0%
+6.4 ptssince 2009
from 41.5% in 2009
Female
52.0%
−6.4 ptssince 2009
from 58.5% in 2009
Foreign born
1.3%
−0.2 ptssince 2009
from 1.5% in 2009
US average: 13.5%
Uninsured
3.2%
−95.2 ptssince 2013
from 98.4% in 2013
US average: 8.8%
Drill deeper

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Compare Forest Oaks to nearby cities

FOREST OAKS VS
Greensboro
Income$61,515−35%
Home value$244,800−6%
Population308,667+7090%
SEE FULL COMPARISON →
FOREST OAKS VS
Gibsonville
Income$95,861+1%
Home value$298,000+15%
Population9,876+130%
SEE FULL COMPARISON →
FOREST OAKS VS
Elon
Income$84,773−11%
Home value$366,300+41%
Population11,366+165%
SEE FULL COMPARISON →
FOREST OAKS VS
Burlington
Income$56,880−40%
Home value$199,200−23%
Population61,496+1332%
SEE FULL COMPARISON →
Frequently asked

How many people live in Forest Oaks, North Carolina?

Forest Oaks, North Carolina has about 4,209 residents according to the 2020 American Community Survey.

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

The typical household in Forest Oaks, North Carolina earns about $95,021 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 $260,200, and the typical rent is about $1,684 a month.

How educated are people in Forest Oaks, North Carolina?

About 47.3% 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 3.4% 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 1,138 residents, a change of about 37 percent over that period.

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

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