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Forest City, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
7,363
Population
$35,524
Median Income
$160,800
Home Value
35.1
Median Age

Demographics

Forest City has a population of 7,363 with a median age of 35.1. Here is the racial and ethnic breakdown of the population:

White
57.7%
Black
21.8%
Hispanic
10.5%
Other
8.4%
Asian
1.6%
Demographic Value
Total Population7,363
Median Age35.1
White57.7%
Black or African American21.8%
Asian1.6%
Hispanic or Latino10.5%
Other / Two or More Races8.4%
Forest City, North Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 57.7%Black: 21.8%Hispanic/Latino: 10.5%Other: 8.4%Other: 1.6%7,363PopulationWhiteWhite57.7%BlackBlack21.8%Hispanic/LatinoHispanic/Latino10.5%OtherOther8.4%OtherOther1.6%

Income & Economy

The median household income in Forest City is $35,524, which is 55.9% below the national median of $80,610. The per capita income is $21,314. The poverty rate is 32.1%.

$35,524
Median Household Income
$21,314
Per Capita Income
32.1%
Poverty Rate

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Education

In Forest City, 84.9% of residents age 25+ have a high school diploma or higher, and 14.7% hold a bachelor's degree or higher (6.4% with a graduate or professional degree).

HS Diploma+
84.9%
Bachelor's+
14.7%
Graduate+
6.4%
Education Level % of Adults (25+)
High School Diploma or Higher84.9%
Bachelor's Degree or Higher14.7%
Graduate or Professional Degree6.4%

Housing

The median home value in Forest City is $160,800, below the national median of $303,400. The median monthly rent is $813. The homeownership rate is 45.4%.

$160,800
Median Home Value
$813/mo
Median Rent
45.4%
Homeownership Rate
Housing Metric Value
Median Home Value$160,800
Median Monthly Rent$813
Homeownership Rate45.4%
Vacancy Rate19.6%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Forest City, North Carolina?
The population of Forest City, North Carolina is 7,363 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Forest City, North Carolina?
The median household income in Forest City, North Carolina is $35,524. This is 55.9% below the national median of $80,610.
What is the median home value in Forest City, North Carolina?
The median home value in Forest City, North Carolina is $160,800. The median monthly rent is $813.
What percentage of people in Forest City have a college degree?
In Forest City, North Carolina, 14.7% of adults age 25 and older hold a bachelor's degree or higher, and 84.9% have a high school diploma or higher.
Is Forest City, North Carolina an affordable place to live?
The home price-to-income ratio in Forest City, North Carolina is 4.5x (median home value $160,800 vs. median income $35,524), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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