Housing data for Forest City, NC

Forest City, NC has an estimated 7,363 residents and 3,335 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a town in Rutherford County.

54.6% of households rent.

The median gross rent is $813 a month.

Its population grew measurably since 2015–2019 (+2.9%).

Figures last updated on .

Residents
7,363 (±34)
Housing units
3,335 (±272)
Households that rent
54.6%
Median gross rent
$813
Residents since 2015–2019
+2.9%

What stands out in Forest City

Households that rent: 54.6% (±8.1 points) in Forest City, higher than in Rutherford County (26.1%).

Homes in buildings of 5 or more units: 10.7% (±4.8 points) in Forest City, higher than in Rutherford County (3.8%).

Rental vacancy rate: 2.2% (±3.2 points) in Forest City, lower than in Rutherford County (9.1%).

Homes built before 1980: 78.4% (±11.7 points) in Forest City, higher than in Rutherford County (49.0%).

Housing in Forest City at a glance

Forest City against Rutherford County, its state and the nation

Estimate (90% margin of error)
Forest CityRutherford CountyNorth CarolinaUnited States
Residents7,363 (±34)64,930 (exact)10,730,404 (exact)334,922,499
Housing units3,335 (±272)32,775 (±47)4,895,668 (±642)143,775,355
Households that rent54.6% (±8.1 points)26.1% (±2.1 points)33.4% (±0.2 points)34.8%
Median gross rent$813 (±$58)$783 (±$19)$1,228 (±$5)$1,413
Median household income$35,524 (±$5,910)$51,410 (±$2,731)$72,388 (±$324)$80,734
Median home value$160,800 (±$19,341)$201,800 (±$9,065)$288,900 (±$1,086)$332,700
Median real estate taxes (a year)$1,143 (±$253)$1,178 (±$51)$1,896 (±$8)$3,119
Built before 198078.4% (±11.7 points)49.0% (±2.9 points)33.9% (±0.2 points)49.7%
Average commute26.3 minutes (±3.1)26.1 minutes (±0.9)25.1 minutes (±0.1)26.4 minutes
Households with broadband83.1% (±5.5 points)82.9% (±2.2 points)90.1% (±0.2 points)91.0%
Median age of residents35.1 years (±5.6)45.3 years (±0.4)39.1 years (±0.2)38.9 years

Forest City covers 8.6 square miles of land, about 857 residents per square mile (Census Bureau Gazetteer).

How Forest City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents7,155 (±23)7,363 (±34)+2.9%Measurable increase
Housing units3,717 (±329)3,335 (±272)−10.3%Not a measurable change
Median gross rent$592 (±$45)$813 (±$58)+37.3%Up after inflation
Median home value$101,400 (±$15,140)$160,800 (±$19,341)+58.6%Up after inflation
Median household income$27,589 (±$4,268)$35,524 (±$5,910)+28.8%No measurable change after inflation
Median owner cost with a mortgage$974 (±$59)$1,131 (±$288)+16.1%No measurable change after inflation
Median real estate taxes$836 (±$174)$1,143 (±$253)+36.7%No measurable change after inflation
Households that rent57.9% (±6.2 points)54.6% (±8.1 points)−3.3 percentage pointsNot a measurable change
Rental vacancy rate1.1% (±1.6 points)2.2% (±3.2 points)+1.1 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Forest City

In 2025, the Forest City Police Department reported 311 violent and 4,808 property crimes per 100,000 residents to the FBI.

Across Rutherford County, the departments that report recorded 188 violent and 1,522 property crimes per 100,000 residents that year.

ZIP codes in Forest City

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
2804313%20,930$783$175,400$42,276

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Forest City

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Bostic2.7 mi$855$171,90031.9%
Spindale3.4 mi$755$167,40056.4%
Ruth5.3 mi$675$138,30024.7%
Rutherfordton5.5 mi$860$288,40035.7%
Ellenboro6.2 mi$711$164,40034.6%
Mooresboro10 mi$800$225,00032.1%
Lattimore12 mi$850$169,70012.7%
Boiling Springs13 mi$1,192$265,40023.7%

Places in North Carolina most like Forest City

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Roxboro$860$157,700$36,55349.3%
Ahoskie$809$143,200$40,98752.4%
Spindale$755$167,400$41,26256.4%
Lexington$893$179,900$43,12858.4%
Long View$794$157,300$46,73946.9%
Ramseur$683$155,300$35,92355.4%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across North Carolina.

HUD Fair Market Rent for Forest City, fiscal year 2027

Rutherford County, NC, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$861$866$1,012$1,354$1,374

HUD income limits for Forest City, fiscal year 2026

Rutherford County, NC, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$16,450$27,450$43,900
2 people$21,640$31,350$50,150
3 people$27,320$35,250$56,400
4 people$33,000$39,150$62,650
5 people$38,680$42,300$67,700
6 people$44,360$45,450$72,700
7 people$48,550$48,550$77,700
8 people$51,700$51,700$82,700

These are the limits HUD sets for its housing programs in the Rutherford County, NC, where HUD’s median family income for fiscal year 2026 is $77,200.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Forest City

What is the average rent in Forest City, NC?

The Census Bureau publishes the median rather than the average: the median gross rent in Forest City is $813 (±$58) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Forest City?

The median gross rent for a one-bedroom home in Forest City, NC is $344 (±$191) a month (2020–2024 American Community Survey).

Are renters in Forest City rent-burdened?

59.1% of renting households in Forest City pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Forest City?

Forest City has an estimated 1,463 (±266) renting households, 54.6% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Forest City?

The median household income in Forest City is $35,524 (±$5,910) a year (2020–2024 American Community Survey).

What is the average home value in Forest City, NC?

The Census Bureau publishes the median: $160,800 (±$19,341) for owner-occupied homes in Forest City (2020–2024 American Community Survey).

Is Forest City growing?

In Forest City, the number of residents went from 7,155 in 2015–2019 to 7,363 in 2020–2024 (+2.9%), a measurable increase.

What ZIP codes are in Forest City?

The ZIP code that covers Forest City is 28043.

What is the median rent in ZIP code 28043?

The median gross rent in ZIP Code Tabulation Area 28043 is $783 (±$23) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Forest City town, North Carolina (place:24080, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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