Wake Forest, NC
Full City Profile · North Carolina · Wake County County
Wake Forest, NC
At a Glance
How Wake Forest Compares to the U.S. Average
Each bar shows Wake Forest's value as a percentage of the national average (100% = U.S. avg)
Is Wake Forest a Good Place to Live?
Economy & Jobs
Wake Forest residents earn a median household income of $120,777 , which is 61% above the national average of $75,149. Per capita income is $49,241. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 1.7% of residents live below the poverty line. The area is home to 50,997 business establishments, including 2,765 restaurants.
Housing & Cost of Living
The median home value in Wake Forest is $435,000 , 54% above the national median of $281,900. Zillow estimates the typical home at $507,240. Median rent is $1,458/month, with 24.7% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 2006.
Safety & Crime
Wake Forest reports 147 violent crimes per 100,000 residents , which is 61% below the national average of 380/100K. Property crime is 1,314/100K. The murder rate is 5.4/100K.
Education
57.8% of adults in Wake Forest hold a bachelor's degree or higher (72% above the national average). 95.8% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
Wake Forest has an average annual temperature of 58°F (15°C). Winters average 39°F in January while summers reach 78°F in July. Annual precipitation totals 47.5 inches. Air quality is rated Good with a median AQI of 46.