The Forest Oaks Census Designated Place had a population of 3,993 as of July 1, 2019.
The primary coordinate point for Forest Oaks is located at latitude 35.9882 and longitude -79.7061 in Guilford County. The formal boundaries for the Forest Oaks Census Designated Place encompass a land area of 4.85 sq. miles and a water area of 0.11 sq. miles. Guilford County is in the Eastern time zone (GMT -5). The elevation is 761 feet.
The Forest Oaks Census Designated Place (GNIS ID: 2402491) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
HOUSING AFFORDABILITY INDEX
|Forest Oaks, NC Housing Affordability Index is 153 |
State of North Carolina Housing Affordability Index is 140
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Forest Oaks, NC Wealth Index is 146 |
State of North Carolina Wealth Index is 84
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.
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|Population in Households||3,993|
|Population in Families||3,559|
|Population in Group Qrtrs||0|
|Median Household Income||$78,069|
|Average Household Income||$97,563|
|Per Capita Income||$38,629|
|Total Housing Units||1,597 (100%)|
|Owner Occupied HU||1,453 (91.0%)|
|Renter Occupied HU||92 ( 5.8%)|
|Vacant Housing Units||52 ( 3.3%)|
|Median Home Value||$266,864|
|Housing Affordability Index2||153|
|Average Household Size||2.58|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.0%|
|Per Capita Income||2.87%|
The table below compares Forest Oaks to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 199||73rd|
|Population Density||# 297||60th|
|Diversity Index||# 478||35th|
|Median Household Income||# 61||92nd|
|Per Capita Income||# 79||89th|
Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.