Forest Oaks, NC

Census Place

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2023 Population

4,095

1.18% 1-year decline

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2023 Median Age

48.9

2% 1-year decrease

2023 Poverty Rate

6.25%

15.7% 1-year increase

2023 Median Household Income

$108,250

1.96% 1-year decline

2023 Median Property Value

$294,400

6.51% 1-year growth

2023 Employed Population

1,900

1.45% 1-year decline

About

In 2023, Forest Oaks, NC had a population of 4.1k people with a median age of 48.9 and a median household income of $108,250. Between 2022 and 2023 the population of Forest Oaks, NC declined from 4,144 to 4,095, a −1.18% decrease and its median household income declined from $110,417 to $108,250, a −1.96% decrease.

The 5 largest ethnic groups in Forest Oaks, NC are White (Non-Hispanic) (77.5%), Black or African American (Non-Hispanic) (15.5%), Two+ (Non-Hispanic) (4.05%), Other (Non-Hispanic) (2.44%), and Asian (Non-Hispanic) (0.537%).

None of the households in Forest Oaks, NC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

98.4% of the residents in Forest Oaks, NC are U.S. citizens.

In 2023, the median property value in Forest Oaks, NC was $294,400, and the homeownership rate was 91.6%.

Most people in Forest Oaks, NC drove alone to work, and the average commute time was 21.9 minutes. The average car ownership in Forest Oaks, NC was 2 cars per household.

United States North Carolina Guilford County, NC Greensboro-High Point, NC Guilford County (North)--Summerfield Town PUMA, NC

Population & Diversity

Forest Oaks, NC is home to a population of 4.1k people, from which 98.4% are citizens. As of 2023, 7.74% of Forest Oaks, NC residents were born outside of the country (317 people).

In 2023, there were 5 times more White (Non-Hispanic) residents (3.17k people) in Forest Oaks, NC than any other race or ethnicity. There were 635 Black or African American (Non-Hispanic) and 166 Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.4%

2023 Citizenship

98.5%

2022 Citizenship

As of 2023, 98.4% of Forest Oaks, NC residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Forest Oaks, NC was 98.5%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Forest Oaks, NC compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Forest Oaks, NC

White (Non-Hispanic)
3.17k ± 646
Black or African American (Non-Hispanic)
635 ± 360
Two+ (Non-Hispanic)
166 ± 136

The following chart shows the 7 races represented in Forest Oaks, NC as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.

Most Common Origin

Mexico
214,508 ± 11,254 people
India
79,868 ± 6,912 people
Honduras
39,759 ± 4,886 people

In 2022, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 214,508 North Carolina residents, followed by India with 79,868 and Honduras with 39,759.

Foreign-Born Population

7.74%

2023 Foreign-Born Population

317 people

1.98%

2022 Foreign-Born Population

82 people

As of 2023, 7.74% of Forest Oaks, NC residents (317 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Forest Oaks, NC was 1.98%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Forest Oaks, NC compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
143 ± 96
Gulf War (2001-)
118 ± 104
Gulf War (1990s)
15 ± 36

Forest Oaks, NC has a large population of military personnel who served in Vietnam, 1.21 times greater than any other conflict.

Economy

The economy of Forest Oaks, NC employs 1.9k people. The largest industries in Forest Oaks, NC are Health Care & Social Assistance (532 people), Retail Trade (288 people), and Educational Services (233 people), and the highest paying industries are Professional, Scientific, & Management, & Administrative & Waste Management Services ($133,199), Manufacturing ($105,804), and Educational Services ($75,150).

Males in North Carolina have an average income that is 1.31 times higher than the average income of females, which is $57,464. The income inequality in North Carolina (measured using the Gini index) is 0.47, which is lower than than the national average.

Employment

Occupations

1.9k

2023 Value

± 428

−1.45%

1 Year decline

± 30.8%

From 2022 to 2023, employment in Forest Oaks, NC declined at a rate of −1.45%, from 1.93k employees to 1.9k employees.

The most common job groups, by number of people living in Forest Oaks, NC, are Sales & Related Occupations (256 people), Management Occupations (233 people), and Education Instruction, & Library Occupations (232 people). This chart illustrates the share breakdown of the primary jobs held by residents of Forest Oaks, NC.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

1.9k

2023 Value

± 428

−1.45%

1 Year decline

± 30.8%

From 2022 to 2023, employment in Forest Oaks, NC declined at a rate of −1.45%, from 1.93k employees to 1.9k employees.

The most common employment sectors for those who live in Forest Oaks, NC, are Health Care & Social Assistance (532 people), Retail Trade (288 people), and Educational Services (233 people). This chart shows the share breakdown of the primary industries for residents of Forest Oaks, NC, though some of these residents may live in Forest Oaks, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$62,882

Median earning men ± $26,115

$47,390

Median earning women ± $21,512

The industries with the best median earnings for men in 2023 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($112,887), Manufacturing ($107,277), and Retail Trade ($95,119).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($59,239), Finance & Insurance, & Real Estate & Rental & Leasing ($52,321), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($18,783).

Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.

Y-Axis

3.04%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for North Carolina.

Measure

In 2022, 0.944% of men over 25 years of age had not completed any academic degree (no schooling), while 0.805% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for North Carolina.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (2.16M), Some college (1.84M), and Bachelors Degree (1.63M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Forest Oaks, NC was $294,400 in 2023, which is 0.97 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $276,400 to $294,400, a 6.51% increase. The homeownership rate in Forest Oaks, NC is 91.6%, which is approximately the same as the national average of 65%.

People in Forest Oaks, NC have an average commute time of 21.9 minutes, and they drove alone to work. Car ownership in Forest Oaks, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$294,400

Median Property Value 2023

±$26,864

$1,392

Median Property Taxes

±$315

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Forest Oaks, NC the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Forest Oaks, NC compared to it's parent and neighbor geographies.

Rent vs Own

91.6%

Homeownership

2023

65.6%

Homeowners with Mortgage

2023

In 2023, 91.6% of the housing units in Forest Oaks, NC were occupied by their owner. This percentage grew from the previous year's rate of 90.8%.

This chart shows the percentage of owner in Forest Oaks, NC compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Forest Oaks, NC colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$108,250

Median Household Income

± $31,209

1.52k

Number of Households

± 334

In 2023, the median household income of the 1.52k households in Forest Oaks, NC declined from $108,250 from the previous year's value of $110,417.

The following chart displays the households in Forest Oaks, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $150k - $200k range.

Wage Distribution

The closest comparable wage GINI for Forest Oaks, NC is from North Carolina.

0.47

2022 Wage GINI in North Carolina

0.47

2021 Wage GINI in North Carolina

In 2022, the income inequality in North Carolina was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.0732% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.478. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (77.8%)
Worked At Home (11.3%)
Carpooled (10.9%)

In 2023, 77.8% of workers in Forest Oaks, NC drove alone to work, followed by those who worked at home (11.3%) and those who carpooled to work (10.9%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

21.9 minutes

Average Travel Time

Using averages, employees in Forest Oaks, NC have a shorter commute time (21.9 minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Forest Oaks, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Forest Oaks, NC compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Forest Oaks, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Forest Oaks, NC have 2 cars.

Poverty

Poverty & Diversity

6.25% of the population for whom poverty status is determined in Forest Oaks, NC (256 out of 4.1k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Males 75+, followed by Females 65 - 74 and then Females 5.

The most common racial or ethnic group living below the poverty line in Forest Oaks, NC is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

98.8% of the population of Forest Oaks, NC has health coverage, with 50.1% on employee plans, 3.32% on Medicaid, 28.6% on Medicare, 11.9% on non-group plans, and 4.93% on military or VA plans.

Primary care physicians in Guilford County, NC see 1257 patients per year on average, which represents a 1.95% decrease from the previous year (1282 patients). Compare this to dentists who see 1654 patients per year, and mental health providers who see 312 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Guilford County, NC.

1,257 to 1

Patient to Primary Care Physician Ratio in Guilford County, NC

Primary care physicians in Guilford County, NC see an average of 1,257 patients per year. This represents a 1.95% decrease from the previous year (1,282 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Guilford County, NC in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 21.6% under 18 years, 13.3% between 18 and 34 years, 36.5% between 35 and 64 years, and 28.6% over 64 years.

By gender, of the total number of insured persons, 46.7% were men and 53.3% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

1.17%

Uninsured

50.1%

Employer Coverage

3.32%

Medicaid

28.6%

Medicare

11.9%

Non-Group

4.93%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Forest Oaks, NC declined by 43.5% from 2.08% to 1.17%.

The following chart shows how the percent of uninsured individuals in Forest Oaks, NC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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