Cost of Living in Forest Oaks, NC
Population 4,095 · North Carolina · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Forest Oaks a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $294,000. An unemployment rate of 0.0% points to a labor market well on the tight side of the national distribution.
Forest Oaks sits roughly 10 miles southeast of Greensboro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 33% higher than Greensboro's $221,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Forest Oaks
The median home value in Forest Oaks is $294,400 — 3% below the national median of $305,000. Median rent runs $1,732/month, 32% higher than the national median of $1,314/month. The median household income of $108,250/year is 45% higher than the US median of $74,580. The local unemployment rate is 0.0%, below the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 72.2°F and lows of 49.2°F. Overall, Forest Oaks has a cost of living index of 111 versus the US average of 100, meaning it is 11% more expensive.
Forest Oaks has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 52 | 56 | 64 | 74 | 80 | 88 | 91 | 89 | 83 | 73 | 63 | 55 |
| Low °F | 30 | 33 | 39 | 48 | 57 | 65 | 70 | 68 | 62 | 49 | 38 | 33 |
| Precip" | 3.07 | 2.81 | 3.88 | 3.83 | 3.37 | 4.28 | 4.65 | 3.53 | 4.40 | 3.09 | 3.27 | 3.12 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Forest Oaks, NC?
Forest Oaks has a cost index of 111 (100 = national average). It is 11% above the national average.
What is average rent in Forest Oaks, NC?
The median gross rent in Forest Oaks is $1,732 per month based on 2023 Census data.
What is the average home price in Forest Oaks?
The median home value in Forest Oaks is $294,400 according to 2023 Census ACS data.
What is the median income in Forest Oaks?
The median household income in Forest Oaks is $108,250 per year (2023 ACS 5-year estimates).
What is the sales tax in Forest Oaks, NC?
The combined state and local sales tax rate in Forest Oaks is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Forest Oaks, NC affordable?
Forest Oaks is above average in cost of living, with an index of 111 — about 11% higher than the national average.
What is the weather like in Forest Oaks?
Forest Oaks has average high temperatures of 72.2°F and average lows of 49.2°F. Annual precipitation is 43.3". Data from NOAA 1991–2020 Climate Normals.
Forest Oaks at a Glance
- Population
- 4,095
- Median Income
- $108,250
- Home Value
- $294,400
- Median Rent
- $1,732/mo
- Unemployment
- 0.0%
- Avg High Temp
- 72.2°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
Similar Cost Cities
Cities in other states with comparable housing costs