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CITY · 2020 ACS

Wake Forest

North Carolina · 47,601 residents · 19.6 sq mi
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The short version

Wake Forest is a city of 47,601 people in North Carolina. The population has more than tripled since 2000, adding 35,013 people. That is roughly 77% ahead of the North Carolina median. This is an unusually credentialed place: 55% of adults have a four-year degree. The median household earns $100,162, about 51% above the national median. The poverty rate is 4.0%, under the national 12.8%.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 37.7
US median: 38.8
More educated
55% hold a bachelor's degree
US average: 33%
Less affordable
home values up 47%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

47,601
+278%since 2000
from 12,588 in 2000
1990 – 2025
37.7
+20%since 2000
from 31.5 in 2000
US average: 38.8
Land area
19.6 sq mi
Population, 19902024
1K15K29K43K58K19902000201020202024Wake Forest
202453K
1990201020202024
Age distribution, 2020
Under 55.9%(2,830)
US avg: 5.6%
5 to 97.5%(3,573)
US avg: 6.1%
10 to 149.3%(4,427)
US avg: 6.5%
15 to 198.5%(4,045)
US avg: 6.6%
20 to 245.3%(2,513)
US avg: 6.7%
25 to 3410%(4,777)
US avg: 13.5%
35 to 4414.5%(6,907)
US avg: 12.7%
45 to 5415.7%(7,467)
US avg: 12.3%
55 to 6410.1%(4,792)
US avg: 13.1%
65 to 748%(3,814)
US avg: 10%
75 to 844%(1,889)
US avg: 4.9%
85 and over1.2%(567)
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

$100,162
+27%inflation adjusted, since 2000
from $52,307 in 2000
US average: $66,278
1990 – 2024
$40,217
+77%since 2000
from $22,746 in 2000
US average: $35,364
Households earning $100K+
62.3%
+16.6 ptssince 2009
from 45.6% in 2009
US average: 43.9%
4.0%
−4.8 ptssince 2000
from 8.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Information10.9%
US avg: 11.1%
Retail trade10.2%
US avg: 10%
Other services8.4%
US avg: 6.6%
Public administration6%
US avg: 4.7%
Wholesale trade4.3%
US avg: 6.7%
Finance & insurance4%
US avg: 5.5%
Professional, scientific, technical3.2%
US avg: 4.7%
Transportation & warehousing2.3%
US avg: 2.5%
Arts, entertainment, food1.6%
US avg: 2%
Education & health services0.8%
US avg: 0.8%
Agriculture, forestry, fishing0.4%
US avg: 1.7%
Construction0.4%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

$314,200
+47%inflation adjusted, since 2000
from $142,100 in 2000
US average: $265,253
1990 – 2024
$1,190
+21%inflation adjusted, since 2000
from $652 in 2000
US average: $1,124
72.5%
+9.3 ptssince 2000
from 63.1% in 2000
27.5% rent
2.78 people
−2%since 2009
from 2.84 people in 2009
US average: 2.61
3.1
−7%since 2009
from 3.4 in 2009
2009 – 2024
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04

Race & ethnicity

2000
White, non-Hispanic78.6%(9,897)
Black15.7%(1,978)
Hispanic / Latino2.1%(262)
Asian2%(255)
Other0%
2020
White, non-Hispanic67.4%(32,087)
Black15.7%(7,480)
Hispanic / Latino7.9%(3,769)
Asian3.7%(1,751)
Other3.8%(1,808)

No data for the years selected.

Section 04 · Origins

Detailed origins & ancestry

Hispanic origin
Puerto Rican2.5%(1,084)
Mexican1.9%(849)
Colombian0.4%(180)
Cuban0.4%(167)
Honduran0.2%(86)
Dominican0.2%(78)
Costa Rican0.1%(63)
Spaniard0.1%(24)
Peruvian0%(16)
Asian origin
Korean0.4%(174)
Filipino0.4%(157)
Vietnamese0.3%(150)
Asian Indian0.3%(127)
Ancestry
English15%(6,616)
German14.6%(6,446)
Irish10.7%(4,696)
Italian7.5%(3,321)
American5.2%(2,298)
Polish4.2%(1,834)
Scottish4.1%(1,790)
Scotch-Irish1.9%(821)
French1.7%(762)
British1.6%(725)
Dutch1.2%(537)
+ 35 more ancestry groups with data
Russian1.2%(531)
Ukrainian1.1%(483)
Norwegian0.9%(417)
Welsh0.7%(310)
Swedish0.6%(256)
West Indian0.5%(237)
Czech0.5%(227)
Austrian0.5%(206)
Greek0.4%(192)
Hungarian0.4%(183)
Belgian0.4%(182)
Canadian0.4%(171)
Haitian0.4%(166)
Kenyan0.3%(149)
Slovak0.3%(133)
Danish0.3%(119)
Nigerian0.2%(104)
Swiss0.2%(101)
Finnish0.2%(94)
Australian0.2%(74)
Slovene0.1%(64)
Jamaican0.1%(64)
Portuguese0.1%(63)
Lithuanian0.1%(56)
Lebanese0.1%(51)
Ethiopian0.1%(34)
Croatian0.1%(31)
Armenian0%(20)
Egyptian0%(19)
Brazilian0%(18)
Iranian0%(14)
Romanian0%(11)
Arab0%(10)
Section 05

Education

55.5%
+12.4 ptssince 2000
from 43.0% in 2000
US average: 32.9%
High school or higher
97.1%
+7.8 ptssince 2000
from 89.3% in 2000
US average: 88.5%
19.0%
+8.2 ptssince 2000
from 10.7% in 2000
US average: 12.7%
Section 06

Commute & transportation

30.9 min
+41%since 2000
from 22.0 min in 2000
US average: 26.9
79.4%
−1.4 ptssince 2009
from 80.9% in 2009
US average: 75.1%
2.3%
−2.1 ptssince 2009
from 4.4% in 2009
US average: 8.4%
Section 07

Work & employment

5.6%
−0.8 ptssince 2011
from 6.4% in 2011
US average: 5.4%
71.7%
+0.5 ptssince 2011
from 71.1% in 2011
US average: 63.4%
Women 20-64 in the labor force
77.4%
US average: 73.3%
58.9%
+10.9 ptssince 2009
from 48.0% in 2009
US average: 39.3%
Section 08

People & community

47.6%
+0.4 ptssince 2009
from 47.2% in 2009
52.4%
−0.4 ptssince 2009
from 52.8% in 2009
6.0%
+0.4 ptssince 2009
from 5.7% in 2009
US average: 13.5%
5.2%
−2.7 ptssince 2013
from 7.9% in 2013
US average: 8.8%
Computer in household
97.2%
US average: 91.9%
76.9%
US average: 86.2%
Marital status (2024)
Men 15+
Never married30.1%(6,063)
Married62%(12,506)
Widowed1.2%(236)
Divorced6.7%(1,355)
Women 15+
Never married24.6%(5,289)
Married58.2%(12,517)
Widowed4.8%(1,034)
Divorced12.4%(2,671)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09

Health coverage

5.2%
−2.7 ptssince 2013
from 7.9% in 2013
US average: 8.8%
68.4%
US average: 55.4%
Direct-purchase
18.7%
US average: 13.7%
11.3%
US average: 17.6%
10.1%
US average: 20.0%
VA health care
1.6%
US average: 2.3%
Any private
85.8%
US average: 68.1%
Any public
21.2%
US average: 35.2%

Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.

Section 09 · Service history

Veterans

Veterans by period of service, 2020
Gulf War (2001 or later)19.8%(419)
US avg: 20.6%
Gulf War (1990s)39.4%(831)
US avg: 21.4%
Vietnam era31.7%(670)
US avg: 35.2%
Korean War1.3%(28)
US avg: 7.6%
World War II0.6%(12)
US avg: 2.9%

Share of the 2,111 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.

BAR + DOT: THIS PLACE · TICK: US AVERAGE
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Frequently asked

How many people live in Wake Forest, North Carolina?

Wake Forest, North Carolina has about 47,601 residents according to the 2020 American Community Survey.

What is the median household income in Wake Forest, North Carolina?

The typical household in Wake Forest, North Carolina earns about $100,162 a year. Half of households make more than that, and half make less.

Is Wake Forest, North Carolina expensive?

In Wake Forest, North Carolina, the median home is worth about $314,200, and the typical rent is about $1,190 a month.

How educated are people in Wake Forest, North Carolina?

About 55.5% of adults age 25 and over in Wake Forest, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Wake Forest, North Carolina?

About 4.0% of people in Wake Forest, North Carolina live below the federal poverty line.

Has Wake Forest, North Carolina grown since 1990?

Yes, Wake Forest, North Carolina has grown since 1990. The population has added about 41,832 residents, a change of about 725 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →