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North Carolina · Census place 24080

Forest City town, NC

Quick answer

Forest City town has 7,368 residents, ranking #127 of 777 places in North Carolina. Median household income is $35,897, the median home is worth $142,100 and median gross rent runs $815 a month.

Population
7,368Forest City town residents
Median household income
$35,897Past 12 months, inflation adjusted
Median home value
$142,100Owner-occupied units
Median gross rent
$815Rent plus utilities, monthly
Median age
34.8 yrsAll residents
Homeownership rate
41.1%Owner-occupied households

What the numbers mean in Forest City town

Housing cost measured against local earnings.

A household earning the Forest City town median would spend about 27.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 33.6% of residents and 41.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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