Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Forest Oaks is a smaller city located in the state of North Carolina. The city has a population of 4,102 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (89% White). Given that fact, Forest Oaks could be considered less diverse than other cities. In Forest Oaks, there seems to be a shift in population towards an older age group. The average age of the population is now 52, which is significantly higher than the nation’s average. If you are looking for a family friendly city, Forest Oaks might be a good fit as 74% of the population over 15 years old are married, and 30% have kids who are 18 years old or younger. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Forest Oaks, your commute times will be about average, with a one way commute time of 23 minutes.
Are you trying to figure out if living in Forest Oaks is the right fit for your lifestyle? To ensure a fulfilling experience before moving to any new city in North Carolina, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like amenities, crime, education, you can easily compare the best places to live in Forest Oaks and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Forest Oaks to North Carolina and the national average.
Using data and statistics Forest Oaks has received a livability score of 68 out of 100. This score is ranked in the 72nd percentile when compared to all other cities. If we take a closer look at each of the categories individually, we see that Forest Oaks ranks well for crime (A+), cost of living (B) and housing (A+). The bad news for Forest Oaks, there are some categories for which it does not score well, this includes: amenities (F).
The Forest Oaks unemployment rate of 0.93% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Forest Oaks excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Forest Oaks is real estate affordability. Median real estate prices in Forest Oaks come in at $260,200, which is 65.6% higher than the North Carolina average. The home price to income ratio compares the median home prices to the median household income. In Forest Oaks, the home price to income ratio is 2.7, which is 18.2% lower than the North Carolina average.
| Statistic | Forest Oaks | North Carolina | National |
| Average one way commute | 23min | 24min | 26min |
| Workers who drive to work | 77.3% | 81.1% | 76.4% |
| Workers who carpool | 15.5% | 9.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 1.8% | 2.8% |
| Working from home | 7.3% | 4.8% | 4.6% |
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