Forest Oaks, NC

Full City Profile · North Carolina · Randolph County County

4.9 /5.0
A+ Excellent
4,095 Population 853/sq mi density
$108,250 Median Income $43,265 per capita
$294,400 Home Value $307,857 Zillow
$1,732 Median Rent 43.6% income on rent
60°F Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
5.0 / 5.0
$108,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$294,400 home value, $1,732/mo rent
A+
Education
4.7 / 5.0
46.7% bachelor's degree or higher

Forest Oaks, NC

At a Glance

Median Income
$108,250
44% above
$43,265 per capita
Home Value
$294,400
4% above
Zillow: $307,857
Median Rent
$1,732/mo
49% above
43.6% of income on rent
Bachelor's Degree+
46.7%
39% above
100.0% high school+
Unemployment
0.0%
100% below
4.7% poverty rate
Obesity Rate
33.4%
4% above
9.7% smoking rate
Avg Temperature
60°F

How Forest Oaks Compares to the U.S. Average

Each bar shows Forest Oaks's value as a percentage of the national average (100% = U.S. avg)

Income
144%
Home Value
104%
Rent
149%
Poverty
38%
Bachelor's
139%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Forest Oaks a Good Place to Live?

A+
4.9 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Forest Oaks residents earn a median household income of $108,250 , which is 44% above the national average of $75,149. Per capita income is $43,265. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 4.7% of residents live below the poverty line. The area is home to 3,042 business establishments, including 232 restaurants.

Housing & Cost of Living

The median home value in Forest Oaks is $294,400 , 4% above the national median of $281,900. Zillow estimates the typical home at $307,857. Median rent is $1,732/month, with 43.6% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1980.

Education

46.7% of adults in Forest Oaks hold a bachelor's degree or higher (39% above the national average). 100.0% have completed high school. Local schools score 5.3/10 in standardized testing.

Climate & Weather

Forest Oaks has an average annual temperature of 60°F (15°C). Winters average 40°F in January while summers reach 80°F in July. Annual precipitation totals 45.9 inches.

Data Overview

People

Population4,095
Median Age48.9 yrs
Density853/mi²
Male / Female48% / 52%
Foreign Born7.7%
Veterans11.5%

Economy

A+
Median Income$108,250
Per Capita$43,265
Unemployment0.0%
Poverty4.7%
County GDP$5,991M
Avg Weekly Wage$994

Housing

A+
Home Value$294,400
Rent$1,732
Ownership91.6%
Zillow$307,857
Housing Units1,576
Rent Burden43.6%

Health

Obesity33.4%
Diabetes7.9%
Smoking9.7%
Heart Disease4.3%
Premature Death12,479/100K

Climate

Avg Temp60°F
Rain45.9 in/yr
Elevation774 ft

Education

A+
Bachelor's+46.7%
High School+100.0%
Graduate+17.2%
School Score5.3/10

Community

2024 VoteR 78% / D 21%
Commute22 min
Broadband94.2%
Internet Speed190 Mbps
EV Stations3
Libraries7

Did You Know?

The median home in Forest Oaks was built in 1980.
The nearest airport is Piedmont Triad International (15 miles).
The Gini coefficient (income inequality) is 0.428 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
8.9% of the population has a disability.
Average internet download speed is 190 Mbps.
There are 232 restaurants in the area.
The county recorded 23 fatal vehicle crashes.