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Forest City, North Carolina Demographics & Population 2026

High PovertyPoverty rate of 32.1% is well above the state average

During the 2020–2024 ACS period, Forest City, North Carolina had a total population of 7,363, the 130th largest town in North Carolina, with a median household income of $35,524, which is 51% lower than the state average. The poverty rate is 32.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Forest City Quick Facts

Population 7,363
Median Household Income $35,524
Median Home Value $160,800
Poverty Rate 32.1%
Unemployment Rate 7.5%
Median Age 35.1 years
Homeownership Rate 45.4%
Affordability Ratio 4.5x
Bachelor's Degree or Higher 14.7%
High School Graduation Rate 84.9%
Diversity Index 62/100
Population 7,363 130th of 772
Median Income $35,524 bottom 10%
Poverty Rate 32.1% 158% higher than national
Median Home Value $160,800 below average

How Forest City Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,3687,363-0.1%
Median household income$35,897$35,524-1.0%
Median home value$142,100$160,800+13.2%

How Forest City Compares

Economy & Housing

Household Income Distribution

Under $25K 35.0%
$25K-$50K 31.1%
$50K-$100K 23.5%
$100K+ 10.4%
Detailed income brackets
Under $10K
8.5%
$10K-$15K
8.2%
$15K-$20K
7.8%
$20K-$25K
10.6%
$25K-$30K
9.5%
$30K-$35K
4.3%
$35K-$40K
7.3%
$40K-$45K
7.0%
$45K-$50K
3.0%
$50K-$60K
2.8%
$60K-$75K
9.3%
$75K-$100K
11.4%
$100K-$125K
4.5%
$125K-$150K
2.4%
$150K-$200K
1.7%
$200K+
1.9%

Employment

7.5% Unemployment Rate State: 4.7%|National: 5.2%
52.6% Labor Force Participation

Housing Overview

Owner 45.4%
Renter 54.6%
Affordability Index Moderate
4.5x home value to income ratio
Median gross rent $813/mo 27.5% of median household income annually

People & Demographics

Diversity Index

62out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 58 | National average: 61

Education

Forest City Rankings in North Carolina

#130 Population of 772
#662 Median Income of 716
#554 Education of 772
#493 Home Value of 725

Other Cities in Rutherford County

CityPopulationMedian IncomePovertyHome Value
Spindale 4,131 $41,262 21.8% $167,400
Rutherfordton 3,680 $59,375 12.7% $288,400
Lake Lure 1,543 $80,357 11.5% $627,000
Ellenboro 901 $49,769 18.3% $164,400
Ruth 510 $51,250 35.7% $138,300
Cliffside 438 $51,438 7.1% N/A
Bostic 433 $57,813 17.8% $171,900
Henrietta 197 N/A 20.8% $162,500
Chimney Rock Village 122 $64,375 8.2% $477,300
Caroleen 116 N/A 29.3% $137,500

Cities Similar to Forest City

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cullowhee7,973$35,929$382,30038.3%45.8%
Roxboro8,182$36,553$157,70014.1%33.3%
Selma6,817$41,368$171,60013.8%24.7%
Marion7,579$51,314$163,50015.6%23.5%
Siler City7,995$46,566$154,60016.8%33.9%

Population Overview

Forest City is a small city located in North Carolina, within Rutherford County. The total population is 7,363. It ranks as the 130th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Forest City is 35.1 years. This is 10% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Forest City is $35,524. This is 51% lower than the state median of $72,388. It is also 56% lower than the national median of $80,734. The poverty rate stands at 32.1%. This is 146% higher than the state poverty rate of 13.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 7.5%. This is 60% higher than the state rate of 4.7%. The median home value is $160,800. Housing costs are 44% lower than the state median of $288,900. The home-value-to-income ratio is 4.5x. 45.4% of occupied housing units are owner-occupied. This homeownership rate is 32% lower than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Forest City is White (non-Hispanic), making up 55.6% of the population. Black or African American residents account for 21.8%. The Asian population (1.6%) is well below the state average of 3.3%.

Education

14.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.9%.

Data Sources & Methodology

All demographic data for Forest City, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Forest City, North Carolina?

Forest City, North Carolina has a population of 7,363 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Forest City, NC?

The median household income in Forest City is $35,524, which is 56% lower than the national median of $80,734.

What is the poverty rate in Forest City, NC?

The poverty rate in Forest City is 32.1%. This means approximately 2,347 residents live below the federal poverty line.

What is the racial makeup of Forest City, North Carolina?

Forest City's population is 55.6% White, 21.8% Black, 10.5% Hispanic/Latino, and 1.6% Asian.

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

The median home value in Forest City is $160,800. The home-value-to-income ratio is 4.5x.

How educated is Forest City, North Carolina?

14.7% of adults (25+) in Forest City hold a bachelor's degree or higher, and 6.4% hold a graduate or professional degree.