Living in Forest Oaks, North Carolina

Cost of living, income, home prices, rent and demographics of Forest Oaks · Census data 2020–2024

Forest Oaks has 4,293 residents with a median age of 48.4. The median household income is $107,604 (49% higher than the North Carolina median), the median home value is $349,300.

Forest Oaks at a glance

Population
4,293
Median age
48.4State: 39.1
Median household income
$107,604State: $72,388
Median home value
$349,300State: $288,900
Homeowners
90.6%
Bachelor's degree or higher
46.1%
Average commute
22 min

Is Forest Oaks a good place to live?

Pros: Median household income 49% higher than the North Carolina median; an average commute of 22 minutes; unemployment of 0%.

Cons: Home values 21% higher than the state median; a poverty rate of 20.4%.

The weather is best in April–May and September–October.

Cost of living in Forest Oaks

Housing is the biggest part of the cost of living. In Forest Oaks the median home value is $349,300, 5% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,842 a month in housing costs.

Median home value

Forest Oaks$349,300
North Carolina$288,900
United States$332,700

Median monthly rent

North Carolina$1,228
United States$1,413

Forest Oaks median household income

The median household income in Forest Oaks is $107,604 and the income per person is $44,057. 20.4% of residents live below the poverty line (North Carolina: 13%).

Median household income

Forest Oaks$107,604
North Carolina$72,388
United States$80,734

Housing in Forest Oaks: homes for sale and rent

Housing units
1,703
Owner-occupied
90.6%
Renter-occupied
9.4%
Vacant
4.6%Includes seasonal homes
Median year built
1976
Average household size
2.64

Forest Oaks demographics

Population
4,293
Median age
48.4
Under 18
26.2%
65 and older
25.7%
Households
1,624
Foreign-born
14.8%
Veterans
10.1%Adults 18+

Race and ethnicity

White74.6%
Hispanic or Latino0%
Black18.4%
Asian1%

Hispanic or Latino can be of any race. Population history of Forest Oaks ›

Education in Forest Oaks

46.1% of adults 25 and older in Forest Oaks have a bachelor's degree or higher (North Carolina: 35.7%), and 17.3% have a graduate or professional degree.

Bachelor's degree or higher

Forest Oaks46.1%
North Carolina35.7%
United States35.7%

Jobs and commute in Forest Oaks

Unemployment rate
0%State: 4.7%
Average commute
22 minState: 25 min
Work from home
20.2%
Drive alone
66.5%
Public transit
0%
Walk to work
0%
Homes with broadband
96.5%

Forest Oaks vs nearby towns

TownPopulationMedian incomeHome valueRent
Forest Oaks4,293$107,604$349,300—
Pleasant Garden5,060$88,204$223,500$1,416
Sedalia772$69,712$206,500—
McLeansville688$27,161$207,400—
Greensboro301,198$61,515$244,800$1,172
Whitsett569$83,393$213,000$1,167
Liberty2,682$39,663$194,500$742
Gibsonville9,467$95,861$298,000$1,034
Jamestown3,708$104,844$326,800$1,153

More for people moving to Forest Oaks

Forest Oaks ZIP code ›Weather and climate ›

Living in Forest Oaks: FAQ

What is the median household income in Forest Oaks, NC?

The median household income in Forest Oaks is $107,604, 49% higher than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Forest Oaks?

The median home value in Forest Oaks is $349,300, compared with $288,900 in North Carolina.

Is Forest Oaks, NC a good place to live?

Pluses: median household income 49% higher than the North Carolina median; an average commute of 22 minutes; unemployment of 0%. Minuses: home values 21% higher than the state median; a poverty rate of 20.4%.

What is the median age in Forest Oaks?

The median age in Forest Oaks is 48.4 years (North Carolina: 39.1).

How long is the commute in Forest Oaks?

The average commute to work in Forest Oaks is 22 minutes; 20.2% of workers work from home.

What is the unemployment rate in Forest Oaks?

The unemployment rate in Forest Oaks is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Forest Oaks?

46.1% of adults in Forest Oaks have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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