The economic impact that Carolina Oaks has created is approximately $4 million.  Carolina Oaks has increased the tax base and expanded property values of surrounding homes have increased.

Carolina Oaks is home to college professors, architects, medical doctors, school teachers, retirees, city and state employees, business owners and single parents.

Carolina Oaks has promoted and achieved ethnical diversity as well.  Twenty percent (20%) of the families and individuals residing in Carolina Oaks are white.

In 2010 and 2015, Carolina Oaks was recognized by CONA as the Small Neighborhood of the Year.