Forest Oaks, NC

Census Place

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2024 Population
4,293
US Senator
Thom Tillis
Republican Party
US Senator
Ted Budd
Republican Party
2024 Median Age
48.4
1.02% 1-year decrease
2024 Poverty Rate
20.4%
226% 1-year increase
2024 Median Household Income
$107,604
0.597% 1-year decline
2024 Median Property Value
$349,300
18.6% 1-year growth
2024 Employed Population
1,760
7.37% 1-year decline

About

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

In 2024, the median property value in Forest Oaks, NC was $349,300, and the homeownership rate was 90.6%.

Most people in Forest Oaks, NC drove alone to work, and the average commute time was 22 minutes. The average car ownership in Forest Oaks, NC was 3 cars per household.

United StatesNorth CarolinaGuilford County, NCGreensboro-High Point, NCGuilford County (North)--Summerfield Town PUMA, NC

Population & Diversity

Forest Oaks, NC is home to a population of 4.29k people, from which 98% are citizens. As of 2024, 14.8% of Forest Oaks, NC residents were born outside of the country (634 people).

In 2024, there were 4.05 times more White (Non-Hispanic) residents (3.2k people) in Forest Oaks, NC than any other race or ethnicity. There were 791 Black or African American (Non-Hispanic) and 256 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98%
2024 Citizenship
98.4%
2023 Citizenship

As of 2024, 98% of Forest Oaks, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Forest Oaks, NC was 98.4%, 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.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Forest Oaks, NC
  1. White (Non-Hispanic)
    3.2k ± 1.03k
  2. Black or African American (Non-Hispanic)
    791 ± 479
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    256 ± 190

In 2024, there were 4.05 times more White (Non-Hispanic) residents (3.2k people) in Forest Oaks, NC than any other race or ethnicity. There were 791 Black or African American (Non-Hispanic) and 256 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

The following chart shows the 8 races represented in Forest Oaks, NC as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.
Most Common Origin
  1. Mexico
    224,963 ± 11,520 people
  2. India
    83,219 ± 7,055 people
  3. Honduras
    48,247 ± 5,380 people

In 2023, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 224,963 North Carolina residents, followed by India with 83,219 and Honduras with 48,247.

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Foreign-Born Population

14.8%
2024 Foreign-Born Population
634 people
7.74%
2023 Foreign-Born Population
317 people

As of 2024, 14.8% of Forest Oaks, NC residents (634 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Forest Oaks, NC was 7.74%, 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.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    169 ± 85
  2. Gulf War (2001-)
    54 ± 67
  3. Gulf War (1990s)
    27 ± 54

Forest Oaks, NC has a large population of military personnel who served in Vietnam, 3.13 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Forest Oaks, NC.

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Economy

The economy of Forest Oaks, NC employs 1.76k people. In 2024, the largest industries in Forest Oaks, NC were Health Care & Social Assistance (470 people), Educational Services (293 people), and Manufacturing (199 people), and the highest paying industries were Administrative & Support & Waste Management Services ($145,243), Manufacturing ($130,023), and Finance & Insurance ($90,707).

Employment

Occupations

1.76k
2024 Value
± 444
−7.37%
1 Year decline
± 36.5%

From 2023 to 2024, employment in Forest Oaks, NC declined at a rate of −7.37%, from 1.9k employees to 1.76k employees.

The most common job groups, by number of people living in Forest Oaks, NC, are Management Occupations (297 people), Education Instruction, & Library Occupations (251 people), and Office & Administrative Support Occupations (232 people). This chart illustrates the share breakdown of the primary jobs held by residents of Forest Oaks, NC.

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Unemployment Insurance Claims

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

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

1.76k
2024 Value
± 444
−7.37%
1 Year decline
± 36.5%

From 2023 to 2024, employment in Forest Oaks, NC declined at a rate of −7.37%, from 1.9k employees to 1.76k employees.

The most common employment sectors for those who live in Forest Oaks, NC, are Health Care & Social Assistance (470 people), Educational Services (293 people), and Manufacturing (199 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.

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Median Earnings by Industry

$75,694
Median earning men ± $45,273
$38,397
Median earning women ± $18,707

The industries with the best median earnings for men in 2024 are Manufacturing ($130,023), Arts, Entertainment, & Recreation, & Accommodations & Food Services ($118,549), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($41,260).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($59,338) and Finance & Insurance, & Real Estate & Rental & Leasing ($24,516).

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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.

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Housing & Living

The median property value in Forest Oaks, NC was $349,300 in 2024, which is 1.05 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $294,400 to $349,300, a 18.6% increase. The homeownership rate in Forest Oaks, NC is 90.6%, which is higher than the national average of 65.2%.

People in Forest Oaks, NC have an average commute time of 22 minutes, and they drove alone to work. Car ownership in Forest Oaks, NC is higher than the national average, with an average of 3 cars per household.

Housing

Property

$349,300
Median Property Value 2024
±$21,916
$1,471
Median Property Taxes
±$383

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 $2k - $3k range.

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

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Rent vs Own

90.6%
Homeownership
2024
66.4%
Homeowners with Mortgage
2024

In 2024, 90.6% of the housing units in Forest Oaks, NC were occupied by their owner. This percentage declined from the previous year's rate of 91.6%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$107,604
Median Household Income
± $36,055
1.62k
Number of Households
± 395

In 2024, the median household income of the 1.62k households in Forest Oaks, NC declined from $107,604 from the previous year's value of $108,250.

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.

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Wage Distribution

The closest comparable wage GINI for Forest Oaks, NC is from North Carolina.
0.467
2023 Wage GINI in North Carolina
0.47
2022 Wage GINI in North Carolina

In 2023, the income inequality in North Carolina was 0.467 according to the GINI calculation of the wage distribution. Income inequality had a 0.639% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.476. 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.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (66.5%)
  2. Worked At Home (20.2%)
  3. Carpooled (13.3%)

In 2024, 66.5% of workers in Forest Oaks, NC drove alone to work, followed by those who worked at home (20.2%) and those who carpooled to work (13.3%).

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.

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Commute Time

22 minutes
Average Travel Time

Using averages, employees in Forest Oaks, NC have a shorter commute time (22 minutes) than the normal US worker (26.4 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.

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Car Ownership

3 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 3 cars.

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Poverty

Poverty & Diversity

20.4% of the population for whom poverty status is determined in Forest Oaks, NC (876 out of 4.29k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 6 - 11, followed by Females < 5 and then Females 25 - 34.

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.

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Health

85.5% of the population of Forest Oaks, NC has health coverage, with 41.9% on employee plans, 4.89% on Medicaid, 26.7% on Medicare, 10.9% on non-group plans, and 1.12% on military or VA plans.

Primary care physicians in North Carolina see 1,413 patients per year on average, which represents a 0% change from the previous year (1,413 patients). Compare this to dentists who see 1634 patients per year, and mental health providers who see 299 patients per year.

By gender, of the total number of insured persons, 47% were men and 53% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 26.5% under 18 years, 11.2% between 18 and 34 years, 36.6% between 35 and 64 years, and 25.7% over 64 years.

By gender, of the total number of insured persons, 47% were men and 53% were women.

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

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Uninsured People

14.5%
Uninsured
41.9%
Employer Coverage
4.89%
Medicaid
26.7%
Medicare
10.9%
Non-Group
1.12%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Forest Oaks, NC grew by 1.13k% from 1.17% to 14.5%.

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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