How many renters in Forest Oaks, NC pay more than 30% of their income on rent?
100.0% (±35.5 points) of renting households in Forest Oaks, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
100.0% spend 35% or more.
Figures last updated on .
- Paying 30% or more
- 100.0% (±35.5 points)
- Paying 35% or more
- 100.0% (±25.1 points)
Rent as a share of income in Forest Oaks
| Share of income spent on rent | Forest Oaks | Guilford County | North Carolina | United States |
|---|---|---|---|---|
| Less than 15% | 0.0% (±25.1 points) | 13.4% | 14.1% | 12.6% |
| 15% to 19.9% | 0.0% (±25.1 points) | 11.5% | 12.6% | 12.2% |
| 20% to 24.9% | 0.0% (±25.1 points) | 12.6% | 13.2% | 12.6% |
| 25% to 29.9% | 0.0% (±25.1 points) | 10.5% | 11.3% | 11.5% |
| 30% to 34.9% | 0.0% (±25.1 points) | 9.7% | 9.3% | 9.2% |
| 35% or more | 100.0% (±25.1 points) | 42.3% | 39.6% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Forest Oaks against Guilford County, its state and the nation
| Forest Oaks | Guilford County | North Carolina | United States | |
|---|---|---|---|---|
| Paying 30% or more | 100.0% (±35.5 points) | 52.0% (±2.3 points) | 48.9% (±0.6 points) | 51.1% |
| Paying 35% or more | 100.0% (±25.1 points) | 42.3% (±2.0 points) | 39.6% (±0.5 points) | 41.9% |
| Median share of income | — | 31.0% (±1.0 points) | 29.5% (±0.2 points) | 30.6% |
| Median renter household income | $50,442 (±$43,215) | $45,099 (±$1,466) | $48,010 (±$418) | $52,966 |
| Median gross rent | — | $1,163 (±$14) | $1,228 (±$5) | $1,413 |
In Forest Oaks, the share of renters paying 30% or more of income is higher than in Guilford County (52.0%).
It is also higher than in North Carolina (48.9%).
It is higher than the national figure (51.1%).
In Guilford County, Forest Oaks ranks 1 of 11 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 7 of 650.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Forest Oaks
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Forest Oaks | — | 100.0% (±35.5 points) | — |
| Pleasant Garden | 3.6 mi | 52.7% (±41.8 points) | Not measurably different |
| Sedalia | 7.9 mi | 0.0% (±141.4 points) | Not measurably different |
| Greensboro | 9.8 mi | 54.7% (±2.6 points) | Lower |
| Whitsett | 9.8 mi | 10.0% (±77.7 points) | Lower |
| Liberty | 12 mi | 58.0% (±23.3 points) | Not measurably different |
| Gibsonville | 12 mi | 56.8% (±26.3 points) | Not measurably different |
| Alamance | 13 mi | 48.1% (±31.7 points) | Lower |
| Jamestown | 13 mi | 36.7% (±28.5 points) | Lower |
Nearby places with a measurably lower figure: Greensboro, NC (54.7%), Whitsett, NC (10.0%), Alamance, NC (48.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Guilford County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 (tie) | Forest Oaks | 100.0% (±35.5 points) |
| 1 (tie) | Stokesdale | 100.0% (±61.0 points) |
| 3 | Gibsonville | 56.8% (±26.3 points) |
| 4 | Greensboro | 54.7% (±2.6 points) |
| 5 | Pleasant Garden | 52.7% (±41.8 points) |
| 6 | High Point | 45.7% (±4.1 points) |
| 7 | Summerfield | 41.5% (±38.2 points) |
Showing 7 of 11 places in Guilford County, ranked from highest to lowest.
Forest Oaks is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Forest Oaks
Are renters in Forest Oaks rent-burdened?
100.0% of renting households in Forest Oaks pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Forest Oaks CDP, North Carolina
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Forest Oaks CDP, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Forest Oaks CDP, North Carolina
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) and detailed tables (acs/acs5) for Forest Oaks CDP, North Carolina (place:24198, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 .
Related
- Housing in Forest Oaks at a glance
- Income and affordability in Forest Oaks
- Home values in Forest Oaks
- Homeowner costs in Forest Oaks
- Property taxes in Forest Oaks
- Types of homes in Forest Oaks
- Age of homes in Forest Oaks
- Heating fuel in Forest Oaks
- Commute and cars in Forest Oaks
- Population growth in Forest Oaks
- North Carolina landlord and tenant rules
- Housing across Guilford County
- North Carolina places ranked by rent burden
- Housing data for every place in North Carolina