Forest Acres, SC
Population 10,491 · South Carolina
About Forest Acres, SC
Forest Acres is a mid-sized city located in South Carolina with a population of 10,491 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,417 per year, which is 2% above the national median of $75,149. The median age of 41.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Forest Acres features a median home value of $260,500, which is 6% above the national median of $244,900. This positions Forest Acres in a moderately priced market relative to the rest of the country. Median monthly rent is $1,182, 2% above the national average of $1,163/month. Of the 5,485 total housing units, 78% are owner-occupied (3,895 units) and 22% are renter-occupied (1,068 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Forest Acres shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Forest Acres have an average one-way commute time of 20.8 minutes.
Education & Demographics
63.1% of Forest Acres 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 0.2% White, 1.0% Hispanic or Latino, 1.1% Black or African American, and 0.3% Asian residents, with 3.6% of the population being foreign-born.
How Forest Acres Ranks in South Carolina
Cost of Living in Forest Acres, SC
Compared to national averages, Forest Acres has a median household income of $76,417 (2% above the national median of $75,149). Home values average $260,500, which is 6% above the national median. Monthly rent at $1,182 is 2% above the US average of $1,163. Within South Carolina, Forest Acres's income is 30% above the state average of $58,738, and home values are 29% above the state median of $202,187.
Why Live in Forest Acres, SC?
Forest Acres offers a strong local economy with a median household income of $76,417, well above the national average, and a well-educated community where 63.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.2%, better than the national average. Additionally, the city features short commute times averaging just 20.8 minutes.
Forest Acres has a population of 10,491 with a median age of 41.7 years. Compare Forest Acres with other cities to see how it stacks up, or explore all cities in South Carolina.
Similar Cities Near Forest Acres
Cities in South Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Little River | 10,457 | $64,590 | $267,800 | Compare |
| Newberry | 10,733 | $47,885 | $124,600 | Compare |
| Garden City | 10,820 | $50,027 | $194,100 | Compare |
| Murrells Inlet | 10,087 | $75,438 | $355,800 | Compare |
| Red Bank | 10,950 | $60,348 | $176,200 | Compare |
| Woodfield | 9,901 | $38,394 | $128,600 | Compare |
| Fountain Inn | 11,307 | $72,021 | $255,400 | Compare |
| Powdersville | 11,321 | $88,125 | $318,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in South Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Forest Acres With Other Cities
Frequently Asked Questions about Forest Acres
What is the population of Forest Acres, SC?
The population of Forest Acres, SC is 10,491 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in South Carolina.
What is the median household income in Forest Acres?
The median household income in Forest Acres, SC is $76,417 per year, which is 2% above the national median of $75,149.
What is the median home value in Forest Acres?
The median home value in Forest Acres, SC is $260,500, which is 6% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Forest Acres?
The median monthly rent in Forest Acres, SC is $1,182, which is 2% above the national average of $1,163/month.
What is the unemployment rate in Forest Acres?
The unemployment rate in Forest Acres, SC is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Forest Acres, SC a good place to live?
Forest Acres offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,491 and a median age of 41.7, the city appeals to a broad range of residents.
How educated is Forest Acres, SC?
63.1% of residents in Forest Acres 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 Acres?
Key cost-of-living indicators for Forest Acres, SC: median home value is $260,500 (6% above national), median rent is $1,182/month, and median household income is $76,417. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Forest Acres?
The poverty rate in Forest Acres, SC is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Forest Acres, SC?
Forest Acres's population is 0.2% White, 1.0% Hispanic or Latino, 1.1% Black or African American, 0.3% Asian, and 11.6% two or more races. 3.6% of residents are foreign-born.