Life in Wake Forest research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Wake Forest over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Wake Forest:
The population in Wake Forest is 48,047.
The median home value in Wake Forest is $513,842.
The median income in Wake Forest is $115,159.
The cost of living in Wake Forest is 106 which is 1.1x higher than the national average.
The median rent in Wake Forest is $1,354.
The unemployment rate in Wake Forest is 4.3%.
The poverty rate in Wake Forest is 3.0%.
The average high in Wake Forest is 70.8° and the average low is 47.9°.
Crime in Wake Forest summary. We use data from the FBI to determine the crime rates in Wake Forest. Key points include:
There were 595 total crimes in Wake Forest in the last reporting year.
The overall crime rate per 100,000 people in Wake Forest is 1,157.9 / 100k people.
The violent crime rate per 100,000 people in Wake Forest is 114.8 / 100k people.
The property crime rate per 100,000 people in Wake Forest is 1,043.1 / 100k people.
Overall, crime in Wake Forest is -50.18% below the national average.
Statistic | Count Raw |
Wake Forest / 100k People |
North Carolina / 100k People |
National / 100k People |
---|---|---|---|---|
Total Crimes Per 100K | 595 | 1,157.9 | 2,645.8 | 2,324.2 |
Violent Crime | 59 | 114.8 | 419.3 | 369.8 |
Murder | 1 | 1.9 | 8.0 | 6.3 |
Robbery | 5 | 9.7 | 69.2 | 66.1 |
Aggravated Assault | 47 | 91.5 | 314.5 | 268.2 |
Property Crime | 536 | 1,043.1 | 2,226.5 | 1,954.4 |
Burglary | 53 | 103.1 | 471.2 | 269.8 |
Larceny | 451 | 877.7 | 1,561.7 | 1,401.9 |
Car Theft | 32 | 62.3 | 193.6 | 282.7 |
Cost of living in Wake Forest summary. We use data on the cost of living to determine how expensive it is to live in Wake Forest. Real estate prices drive most of the variance in cost of living around North Carolina. Key points include:
The cost of living in Wake Forest is 106 with 100 being average.
The cost of living in Wake Forest is 1.1x higher than the national average.
The median home value in Wake Forest is $513,842.
The median income in Wake Forest is $115,159.
Living Expense | Wake Forest | North Carolina | National Average | |
---|---|---|---|---|
Overall | 106 | 95 | 100 | |
Services | 93 | 97 | 100 | |
Groceries | 93 | 98 | 100 | |
Health | 101 | 108 | 100 | |
Housing | 134 | 91 | 100 | |
Transportation | 96 | 92 | 100 | |
Utilities | 102 | 95 | 100 |
The average high in Wake Forest is 70.8° and the average low is 47.9°.
There are 74.8 days of precipitation each year.
Expect an average of 45.0 inches of precipitation each year with 3.1 inches of snow.
Stat | Wake Forest |
---|---|
Average Annual High | 70.8 |
Average Annual Low | 47.9 |
Annual Precipitation Days | 74.8 |
Average Annual Precipitation | 45.0 |
Average Annual Snowfall | 3.1 |
The current population in Wake Forest is 48,047. The population has increased 79.3% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 48,047 | 19.6% |
2021 | 40,159 | 4.4% |
2020 | 38,473 | 5.5% |
2019 | 36,472 | 4.8% |
2018 | 34,786 | 4.4% |
2017 | 33,319 | 5.3% |
2016 | 31,632 | 5.8% |
2015 | 29,889 | 6.2% |
2014 | 28,132 | 5.0% |
2013 | 26,790 | - |
67.4% White with 32,405 White residents.
17.9% African American with 8,597 African American residents.
0.1% American Indian with 38 American Indian residents.
2.3% Asian with 1,098 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.3% Other with 132 Other residents.
4.2% Two Or More with 1,996 Two Or More residents.
7.9% Hispanic with 3,781 Hispanic residents.
Race | Wake Forest | NC | USA |
---|---|---|---|
White | 67.4% | 61.7% | 58.9% |
African American | 17.9% | 20.6% | 12.1% |
American Indian | 0.1% | 0.9% | 0.6% |
Asian | 2.3% | 3.1% | 5.7% |
Hawaiian | 0.0% | 0.1% | 0.2% |
Other | 0.3% | 0.4% | 0.4% |
Two Or More | 4.2% | 3.3% | 3.5% |
Hispanic | 7.9% | 10.0% | 18.7% |
Wake Forest is 51.7% female with 24,832 female residents.
Wake Forest is 48.3% male with 23,215 male residents.
Gender | Wake Forest | NC | USA |
---|---|---|---|
Female | 51.7% | 51.0% | 50.4% |
Male | 48.3% | 49.0% | 49.6% |
0.0% of adults in Wake Forest completed < 9th grade.
2.0% of adults in Wake Forest completed 9-12th grade.
13.0% of adults in Wake Forest completed high school / ged.
15.0% of adults in Wake Forest completed some college.
11.0% of adults in Wake Forest completed associate's degree.
36.0% of adults in Wake Forest completed bachelor's degree.
18.0% of adults in Wake Forest completed master's degree.
3.0% of adults in Wake Forest completed professional degree.
2.0% of adults in Wake Forest completed doctorate degree.
Education | Wake Forest | NC | USA |
---|---|---|---|
< 9th Grade | 0.0% | 5.0% | 4.0% |
9-12th Grade | 2.0% | 7.0% | 6.0% |
High School / GED | 13.0% | 25.0% | 26.0% |
Some College | 15.0% | 20.0% | 20.0% |
Associate's Degree | 11.0% | 10.0% | 9.0% |
Bachelor's Degree | 36.0% | 21.0% | 21.0% |
Master's Degree | 18.0% | 9.0% | 10.0% |
Professional Degree | 3.0% | 2.0% | 2.0% |
Doctorate Degree | 2.0% | 1.0% | 2.0% |
1.0% of households in Wake Forest earn Less than $10,000.
1.4% of households in Wake Forest earn $10,000 to $14,999.
4.2% of households in Wake Forest earn $15,000 to $24,999.
3.1% of households in Wake Forest earn $25,000 to $34,999.
7.2% of households in Wake Forest earn $35,000 to $49,999.
15.6% of households in Wake Forest earn $50,000 to $74,999.
9.6% of households in Wake Forest earn $75,000 to $99,999.
24.1% of households in Wake Forest earn $100,000 to $149,999.
13.6% of households in Wake Forest earn $150,000 to $199,999.
20.4% of households in Wake Forest earn $200,000 or more.
Income | Wake Forest | NC | USA |
---|---|---|---|
Less than $10,000 | 1.0% | 5.1% | 4.9% |
$10,000 to $14,999 | 1.4% | 4.3% | 3.8% |
$15,000 to $24,999 | 4.2% | 8.1% | 7.0% |
$25,000 to $34,999 | 3.1% | 8.5% | 7.4% |
$35,000 to $49,999 | 7.2% | 12.3% | 10.7% |
$50,000 to $74,999 | 15.6% | 17.3% | 16.1% |
$75,000 to $99,999 | 9.6% | 12.9% | 12.8% |
$100,000 to $149,999 | 24.1% | 15.9% | 17.1% |
$150,000 to $199,999 | 13.6% | 7.2% | 8.8% |
$200,000 or more | 20.4% | 8.5% | 11.4% |