Median Household Income
$123,802 ± $6,456
Median Home Value
$474,500 ± $13,300
Median Gross Rent
$1,596 ± $105/mo
Per Capita Income
$51,709
Poverty Rate
4.5%
Unemployment Rate
4.0%
Homeownership Rate
74.0%
Bachelor's Degree or Higher
59.5%
Median Age
38.6
Average Commute
22 min
Households
18,403
Veterans
2,975
Population Over Time
Wake Forest grew 58.6% from 2014 to 2024.
2014
33,319
2016
36,472
2018
40,159
2020
44,068
2022
48,047
2024
52,844
Population by Race & Ethnicity
White
65.6%
Hispanic or Latino
9.0%
Black or African American
19.7%
Asian
2.9%
Nearby Cities in North Carolina
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.