Forest Hills, NC
Population 366 · North Carolina
About Forest Hills, NC
Forest Hills is a small community located in North Carolina with a population of 366 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,250 per year, which is 15% above the national median of $75,149. The median age of 48.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Forest Hills features a median home value of $0, which is 100% below the national median of $244,900. This makes Forest Hills one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $853, 27% below the national average of $1,163/month. Of the 250 total housing units, 59% are owner-occupied (132 units) and 41% are renter-occupied (92 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Forest Hills shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 24.9%, above the national average of 12.4%. Workers in Forest Hills have an average one-way commute time of 21.5 minutes.
Education & Demographics
64.2% of Forest Hills residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.3% White, 10.4% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 2.5% of the population being foreign-born.
How Forest Hills Ranks in North Carolina
Cost of Living in Forest Hills, NC
Compared to national averages, Forest Hills has a median household income of $86,250 (15% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $853 is 27% below the US average of $1,163. Within North Carolina, Forest Hills's income is 34% above the state average of $64,468, and home values are 100% below the state median of $228,922.
Why Live in Forest Hills, NC?
Forest Hills offers a strong local economy with a median household income of $86,250, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $853/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 64.2% of residents hold a bachelor’s degree or higher, and short commute times averaging just 21.5 minutes.
Forest Hills has a population of 366 with a median age of 48.4 years. Compare Forest Hills with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Forest Hills
Cities in North Carolina with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Forest Hills With Other Cities
Frequently Asked Questions about Forest Hills
What is the population of Forest Hills, NC?
The population of Forest Hills, NC is 366 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Carolina.
What is the median household income in Forest Hills?
The median household income in Forest Hills, NC is $86,250 per year, which is 15% above the national median of $75,149.
What is the median home value in Forest Hills?
The median home value in Forest Hills, NC is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Forest Hills?
The median monthly rent in Forest Hills, NC is $853, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Forest Hills?
The unemployment rate in Forest Hills, NC is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Forest Hills, NC a good place to live?
Forest Hills offers above-average incomes, affordable housing, and a strong job market. With a population of 366 and a median age of 48.4, the city appeals to established professionals and retirees.
How educated is Forest Hills, NC?
64.2% of residents in Forest Hills aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Forest Hills?
Key cost-of-living indicators for Forest Hills, NC: median home value is $0 (100% below national), median rent is $853/month, and median household income is $86,250. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Forest Hills?
The poverty rate in Forest Hills, NC is 24.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Forest Hills, NC?
Forest Hills's population is 3.3% White, 10.4% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 0.3% two or more races. 2.5% of residents are foreign-born.