Forest Oaks
- Population
- 4,095
- Median household income
- $108,250
- Median home value
- $294,400
-0.3%’19–’23
+14.0%’19–’23
+14.2%’19–’23
Located in Guilford County, North Carolina, Forest Oaks is a community with a population of 4,095. The median household income of $108,250 is above the Guilford County median ($66,027).
Between 2019 and 2023, Forest Oaks's population held roughly steady from 4,108 to 4,095, while its median home value rose 14.2% from $257,900 to $294,400.
Owners occupy 91.6% of the area's occupied homes. The median resident is 48.9 years old.
Demographics
ACS 2019–2023- Population
- 4,095
- Median age
- 48.9 yrs
- Median household income
- $108,250
- Median home value
- $294,400
- Median gross rent
- $1,732
- Housing units
- 1,581
- Homeownership rate
- 91.6%
- Bachelor's degree or higher
- 46.7%
- Unemployment rate
- 0.0%
Trends
ACS 5-year · 2019–20234,1084,095
$94,974$108,250
$257,900$294,400
$1,202$1,732
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 4,108 | $94,974 | $257,900 | $1,202 |
| 2020 | 4,102 | $95,021 | $260,200 | $1,684 |
| 2021 | 4,265 | $106,285 | $263,700 | $1,706 |
| 2022 | 4,144 | $110,417 | $276,400 | $1,682 |
| 2023 | 4,095 | $108,250 | $294,400 | $1,732 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 52.9%
5 to 1718.5%
18 to 243.7%
25 to 349.9%
35 to 449.8%
45 to 5416.0%
55 to 6410.7%
65 to 7412.4%
75 and over16.1%
| Count | Share | |
|---|---|---|
| Under 5 | 117 | 2.9% |
| 5 to 17 | 756 | 18.5% |
| 18 to 24 | 151 | 3.7% |
| 25 to 34 | 405 | 9.9% |
| 35 to 44 | 400 | 9.8% |
| 45 to 54 | 657 | 16.0% |
| 55 to 64 | 439 | 10.7% |
| 65 to 74 | 509 | 12.4% |
| 75 and over | 661 | 16.1% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 3,172 | 77.5% |
| Black or African American | 635 | 15.5% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 22 | 0.5% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 100 | 2.4% |
| Two or more races | 166 | 4.1% |
| Hispanic or Latino (any race) | 0 | 0.0% |
Educational attainment (age 25+)
No high school diploma0.0%
High school graduate16.4%
Some college or associate's37.0%
Bachelor's degree28.4%
Graduate or professional degree18.2%
| Count | Share | |
|---|---|---|
| No high school diploma | 0 | 0.0% |
| High school graduate | 503 | 16.4% |
| Some college or associate's | 1,135 | 37.0% |
| Bachelor's degree | 873 | 28.4% |
| Graduate or professional degree | 560 | 18.2% |
Commute to work
- Mean travel time to work
- 22 min
Drove alone77.8%
Carpooled10.9%
Public transit0.0%
Walked0.0%
Bicycle0.0%
Worked from home11.3%
Other means0.0%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 1,467 | 77.8% |
| Carpooled | 205 | 10.9% |
| Public transit | 0 | 0.0% |
| Walked | 0 | 0.0% |
| Bicycle | 0 | 0.0% |
| Worked from home | 213 | 11.3% |
| Other means | 0 | 0.0% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 252 | 15.1% |
| 15 to 29 min | 927 | 55.4% |
| 30 to 44 min | 459 | 27.5% |
| 45 to 59 min | 34 | 2.0% |
| 60+ min | 0 | 0.0% |
Households
- Average household size
- 2.70
- Poverty rate
- 6.3% (256 of 4,095)
| Count | Share | |
|---|---|---|
| Family households | 1,244 | 81.9% |
| Nonfamily households | 275 | 18.1% |
Housing
- Median year structure built
- 1978
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 1,519 | 96.1% |
| Vacant | 62 | 3.9% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 1,392 | 91.6% |
| Renter-occupied | 127 | 8.4% |
1-unit, detached92.0%
1-unit, attached8.0%
2 to 4 units0.0%
5 to 19 units0.0%
20 or more units0.0%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 1,455 | 92.0% |
| 1-unit, attached | 126 | 8.0% |
| 2 to 4 units | 0 | 0.0% |
| 5 to 19 units | 0 | 0.0% |
| 20 or more units | 0 | 0.0% |
| Mobile home & other | 0 | 0.0% |
Geography
- Place GEOID
- 3724198
- Type (LSAD)
- 57
- Land area
- 4.8 sq mi
- Water area
- 0.1 sq mi
- Center point
- 35.9885, -79.7080
Compare with nearby cities
5North Carolina rankings
21- Largest by population in North Carolina
- Most densely populated in North Carolina
- Highest median household income in North Carolina
- Highest median home value in North Carolina
- Most affordable home values in North Carolina
- Highest median gross rent in North Carolina
- Cheapest median gross rent in North Carolina
- Oldest by median age in North Carolina
- Youngest by median age in North Carolina
- Most college-educated in North Carolina
- Highest poverty rate in North Carolina
- Lowest poverty rate in North Carolina
- Highest homeownership rate in North Carolina
- Lowest homeownership rate in North Carolina
- Longest commutes in North Carolina
- Shortest commutes in North Carolina
- Largest households in North Carolina
- Newest housing in North Carolina
- Oldest housing in North Carolina
- Fastest-growing (2019–2023) in North Carolina
- Fastest-shrinking (2019–2023) in North Carolina