Wake Forest, North Carolina
Area Profile
52,844 residents. Public schools, jobs, income, housing cost, climate and natural-hazard risk for Wake Forest, in Wake County.
How this area ranks
Data updated · 16 sourcesWake Forest ranks in the top 8% of cities measured for employment opportunity, with unemployment at 3.3% and median household income of $123,802.
Public schools test above most of the state: 59% of students met the mathematics standard, placing the area in the top 18% of published profiles for schools.
911 housing units were authorized over the past twelve months, within 12% of the prior year — steady rather than turning.
These sentences are written by fixed rules from the measurements below — a statement appears because a number crossed a stated threshold, and the values behind it are stored with it. No figure anywhere on this site is invented, estimated or inferred to fill a gap. How this works.
At a glance
Jobs & opportunity
Unemployment of 3.3%, lower than in 87% of the 4,226 measured US cities.
Employment fell 1.1% over the past year, to 29,038 employed residents.
60% of adults hold a four-year degree, higher than 93% of measured US cities.
Median household income of $123,802 is higher than in 91% of measured US cities.
| Metric | Value | Compared nationally | Source period |
|---|---|---|---|
| Income of new arrivalsWake County, NC’s figurefiling years 2022–2023 | $84,668 | 66th percentileof 4,101 | filing years 2022–2023 |
| Income of those who leftWake County, NC’s figurefiling years 2022–2023 | $83,561 | 69th percentileof 4,101 | filing years 2022–2023 |
| Median household income ±$6,4562024 ACS 5-Year | $123,802 | Top 9%of 29,223 | 2024 ACS 5-Year |
| Per capita income ±$2,3282024 ACS 5-Year | $51,709 | Top 16%of 31,420 | 2024 ACS 5-Year |
| Poverty rate ±1%2024 ACS 5-Year | 4.1% | Top 20%of 31,773 | 2024 ACS 5-Year |
| Average commute ±1.7 min2024 ACS 5-Year | 33.7 min | Bottom 20%of 31,543 | 2024 ACS 5-Year |
| Bachelor's degree or higher ±3%2024 ACS 5-Year | 59.5% | Top 7%of 31,919 | 2024 ACS 5-Year |
| Drove alone to work ±3%2024 ACS 5-Year | 64.5% | 18th percentileof 31,433 | 2024 ACS 5-Year |
| EmploymentJuly 2026 | 29,038 | Bottom 34%of 4,226 | July 2026 |
| Employment change (3 years)July 2026 | +3.1% | Top 13%of 4,226 | July 2026 |
| Employment change (year over year)July 2026 | −1.1% | Bottom 43%of 4,226 | July 2026 |
| Labor forceJuly 2026 | 30,041 | 34th percentileof 4,226 | July 2026 |
| Labor force participation ±2%2024 ACS 5-Year | 86.5% | Top 19%of 31,513 | 2024 ACS 5-Year |
| Mean annual wageRaleigh-Cary, NC Metro Area’s figure2025 OEWS | $70,740 | Top 42%of 3,729 | 2025 OEWS |
| Median annual wageRaleigh-Cary, NC Metro Area’s figure2025 OEWS | $51,990 | Top 44%of 3,729 | 2025 OEWS |
| Public transit to work ±0.1%2024 ACS 5-Year | 0.0% | 73rd percentileof 31,433 | 2024 ACS 5-Year |
| Unemployment change (year over year)July 2026 | −0.2% | Top 44%of 4,226 | July 2026 |
| Unemployment rateJuly 2026 | 3.3% | Top 13%of 4,226 | July 2026 |
| Worked from home ±3%2024 ACS 5-Year | 28.7% | 94th percentileof 31,433 | 2024 ACS 5-Year |
Unemployment rate
Median household income, successive ACS releases
Largest occupations — Raleigh-Cary, NC
| Occupation | People employed | Median annual wage |
|---|---|---|
| Retail Salespersons | 18,660 | $33,100 |
| Laborers and Freight, Stock, and Material Movers, Hand | 17,060 | $38,470 |
| Cashiers | 14,350 | $29,770 |
| Customer Service Representatives | 13,620 | $41,900 |
| Fast Food and Counter Workers | 12,790 | $29,080 |
| Registered Nurses | 12,780 | $84,830 |
Searches the 40 largest occupations here that have a published wage.
Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.
59% of students met the state standard in mathematics and 65% in reading, across the schools here that reported results.
There are 17.0 students for every full-time teacher across 15 public schools, more than in most measured places.
| School | District | Students | Per teacher | Math | Reading |
|---|---|---|---|---|---|
| Wake Preparatory Academy · charter | Wake Preparatory Academy | 2,617 | 21.6 | — | — |
| Wake Forest High School | Wake County Schools | 2,043 | 18.9 | 57% | 62% |
| Heritage High | Wake County Schools | 1,778 | 18.3 | 63% | 64% |
| Franklin Academy · charter | Franklin Academy | 1,660 | 13.4 | 61% | 72% |
| Heritage Middle | Wake County Schools | 947 | 16.3 | 73% | 75% |
| Wake Forest Middle School | Wake County Schools | 878 | 16.0 | 37% | 50% |
| Endeavor Charter School · charter | Endeavor Charter | 799 | 15.7 | 84% | 81% |
| Envision Science Academy · charter | Envision Science Academy | 759 | 13.3 | 63% | 72% |
| Casa Esperanza Montessori Charter School · charter | Casa Esperanza Montessori | 752 | 18.8 | 41% | 53% |
| Wake Forest Charter Academy · charter | Wake Forest Charter Academy | 650 | 19.1 | 60% | 60% |
| Heritage Elementary | Wake County Schools | 634 | 15.8 | 62% | 66% |
| Jones Dairy Elementary | Wake County Schools | 627 | 16.9 | 74% | 68% |
32.2% of students here are eligible for free or reduced-price lunch. That describes the circumstances families arrive with, not how the schools perform, so it is shown and not scored.
Public schools only, from the NCES Common Core of Data, placed by ZIP code — which schools are in this place, not which one a particular address is zoned for. A dash in a proficiency column is a gap in the federal file, not a bad result. Proficiency is measured against North Carolina’s own standard, so it is ranked within state. How to read school figures.
Housing & affordability
How it’s calculated — housing affordability →Prices for everything a household buys run about 2% below the national average — the Bureau of Economic Analysis index reads 98.4, against 100 for the nation. Nationally, housing drives most of the spread between places in this index; other goods vary far less.
The Federal Housing Finance Agency’s house price index for the Raleigh-Cary, NC Metro Area is up 45% over five years, and up 1.1% over the last year. It follows repeat sales of the same homes, so it measures price change rather than which homes happened to sell.
Homeowners here who pay a tax bill pay a median of $3,853 a year in real estate taxes, about 0.81% of the median home value.
HUD’s Fair Market Rent for a two-bedroom, set near the 40th percentile of recent new leases, is $1,750, some 10% above the $1,596 tenants already here pay.
At HUD’s Fair Market Rent of $1,750 a month for a two-bedroom, keeping rent to 30% of income takes a household income of about $70,000 a year, about 57% of the median household income here of $123,802.
The typical renter household here spends 28% of its income on rent, below the 30% threshold at which a household is considered cost-burdened. Median gross rent runs $1,596 a month.
A median home at $474,500 costs 3.3 times the median income of its owner-occupied households, $145,320, above the historic benchmark of about 3 times income.
Prices here run about 2% below the national average. The spread between places is driven mostly by housing — goods vary far less — and this excludes taxes.
Published for the Raleigh-Cary, NC Metro Area as a whole. Prices are regional — people shop, commute and rent across a metropolitan area rather than within a city boundary — so this describes the cost of living around this place better than a figure drawn to its own limits would.
The figures above are measured against Wake Forest’s median household income of $123,802, which describes the place rather than you. Enter your own and the ratio is recomputed against it. It stays in this browser.
| Metric | Value | Compared nationally | Source period |
|---|---|---|---|
| Cost of living indexthe Raleigh-Cary, NC Metro Area’s figure2023 | 98.4 | Top 40%of 3,700 | 2023 |
| Home price change (1 year)the Raleigh-Cary, NC Metro Area’s figure2026 Q2 | +1.1% | 22nd percentileof 4,154 | 2026 Q2 |
| Home price change (5 years)the Raleigh-Cary, NC Metro Area’s figure2026 Q2 | +44.9% | 56th percentileof 4,154 | 2026 Q2 |
| Home price change (10 years)the Raleigh-Cary, NC Metro Area’s figure2026 Q2 | +105.2% | 69th percentileof 4,154 | 2026 Q2 |
| Home price to income ±0.22024 ACS 5-Year | 3.3 | Bottom 29%of 26,815 | 2024 ACS 5-Year |
| Homeownership rate ±2%2024 ACS 5-Year | 74.0% | 46th percentileof 31,717 | 2024 ACS 5-Year |
| Housing units ±8092024 ACS 5-Year | 19,428 | 97th percentileof 32,177 | 2024 ACS 5-Year |
| Market rent, one bedroomFY2026 | $1,600 | Bottom 38%of 4,072 | FY2026 |
| Market rent, three bedroomFY2026 | $2,210 | Bottom 49%of 4,072 | FY2026 |
| Market rent, two bedroomFY2026 | $1,750 | Bottom 44%of 4,072 | FY2026 |
| Median gross rent ±$1052024 ACS 5-Year | $1,596 | Bottom 17%of 23,120 | 2024 ACS 5-Year |
| Median home value ±$13,3002024 ACS 5-Year | $474,500 | 88th percentileof 29,111 | 2024 ACS 5-Year |
| Median property taxes ±$1552024 ACS 5-Year | $3,853 | 82nd percentileof 26,440 | 2024 ACS 5-Year |
| Owner household income ±$6,1222024 ACS 5-Year | $145,320 | Top 8%of 27,548 | 2024 ACS 5-Year |
| Property tax rate ±0.04%2024 ACS 5-Year | 0.81% | 39th percentileof 20,543 | 2024 ACS 5-Year |
| Rent as a share of income ±5%2024 ACS 5-Year | 27.7% | Top 47%of 22,950 | 2024 ACS 5-Year |
| Seasonal and second homes ±2682024 ACS 5-Year | 195 | 94th percentileof 32,330 | 2024 ACS 5-Year |
| Second homes2024 ACS 5-Year | 1.0% | 62nd percentileof 31,895 | 2024 ACS 5-Year |
| Vacancy rate2024 ACS 5-Year | 4.3% | 34th percentileof 31,769 | 2024 ACS 5-Year |
| Vacant housing units ±3722024 ACS 5-Year | 1,025 | 95th percentileof 32,330 | 2024 ACS 5-Year |
These measures come from the same ACS release as the income they are compared with. They compare housing cost with local earnings only: transport, groceries, healthcare, insurance and taxes are not in them. How to read affordability, the two rent figures and the cost-of-living index.
Growth & development
How it’s calculated — growth →Development Momentum
An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.
Population has grown 14% since 2020, reaching 56,764 in 2024.
Permitting has turned upward after moving the other way the year before: 908 units authorized in 2025, up 22% on the prior year.
New construction is predominantly single-family: of 911 units permitted over the past twelve months, only 16% are in buildings of five or more homes.
Federal tax returns show Wake County, which contains Wake Forest, gained about 0.7% of its residents through moves within the US in the most recent year, counting those who arrived against those who left. Households that moved in reported an average income of $84,668, close to the $83,561 of households that moved out.
At 17.2 permitted units per 1,000 residents, building activity is above the median for measured US cities.
Population, annual estimates
People moving in and out
Where newcomers came from
- Durham County, NC 5,610 people · 8.5% of arrivals
- Johnston County, NC 3,461 people · 5.2% of arrivals
- Mecklenburg County, NC 1,491 people · 2.3% of arrivals
- Franklin County, NC 1,337 people · 2.0% of arrivals
- Guilford County, NC 1,163 people · 1.8% of arrivals
Where people who left went
- Johnston County, NC 6,568 people · 11% of departures
- Durham County, NC 4,950 people · 8.4% of departures
- Harnett County, NC 2,837 people · 4.8% of departures
- Franklin County, NC 2,774 people · 4.7% of departures
- Mecklenburg County, NC 1,708 people · 2.9% of departures
Based on the address on federal tax returns, compared with the same filers a year earlier. It counts people who file, and sees a move only when the address on a return changes. Domestic moves only: people arriving from abroad are left out. This is the figure for Wake County, NC. IRS Statistics of Income, filing years 2022–2023.
Housing units permitted per year
Weather & climate
6 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 91°F and January a low of 32°F.
Normal annual precipitation is 46.1 inches, including 5.2 inches of snow.
Air quality measures a median index of 46, in the Good band, and one day a year passes 100, the threshold at which the air is unhealthy for sensitive groups.
Precipitation
| Metric | Value | Source period |
|---|---|---|
| 90th percentile air quality index2024 calendar year | 60 | 2024 calendar year |
| Annual precipitation1991-2020 Normals | 46.1" | 1991-2020 Normals |
| Annual snowfall1991-2020 Normals | 5.2" | 1991-2020 Normals |
| Average January low1991-2020 Normals | 32°F | 1991-2020 Normals |
| Average July high1991-2020 Normals | 91°F | 1991-2020 Normals |
| Comfortable months1991-2020 Normals | 6 | 1991-2020 Normals |
| Days above AQI 1002024 calendar year | 1 | 2024 calendar year |
| Median air quality index2024 calendar year | 46 | 2024 calendar year |
| Seasonal temperature swing1991-2020 Normals | 39°F | 1991-2020 Normals |
Air quality
A comfortable median and a bad tail are different problems. Wildfire smoke and summer ozone show up in the worst tenth of days, not in the middle of the year.
Climate figures are thirty-year normals, not current conditions. Air quality is measured by EPA monitors and published by county only where a monitor sits; a county without one shows nothing rather than an estimate, and a county reading is still the county’s. How to read climate and air quality.
Physical risk
The hazards accounting for most of this area's expected annual loss are inland flooding, tornado and hurricane, with inland flooding alone responsible for 71% of it. Tornado is independently rated low or minimal nationally, so this describes how the loss is composed, not how large that hazard is.
Low or minimal exposure: heat wave, tornado, lightning, ice storm, earthquake, winter weather, cold wave, wildfire, drought, strong wind, avalanche, coastal flooding, tsunami, volcanic activity.
Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. City values are the population-weighted mean of the counties the city overlaps, using AreaProfile place-to-county land-area weights. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.
Below these are deaths rather than offenses, published for the county. The two measure different things and are not comparable with each other.
Wake Forest's police department reported 85 violent offenses per 100,000 residents, lower than most places with a department reporting. Property crime runs at 1,021.
Wake County records 2.8 homicide deaths per 100,000 residents a year, near the middle of counties measured. The CDC does not publish this below county level.
Firearm deaths of all intents run at 8.9 per 100,000 — more than the homicide rate, since the figure counts suicides and accidents as well as homicides.
Drug overdose deaths run at 10.1 per 100,000 residents in Wake County.
Firearm deaths count every intent together, and nationally the majority are suicides rather than homicides, so the firearm figure and the homicide figure above it count some of the same deaths twice over. They overlap and should not be added together.
Offenses are reported to the FBI by Wake Forest’s own police department and shown only where it reported every month of the year; a partial year is withheld rather than scaled up. Reported crime is what police recorded, which is not the same as what happened. Death rates are crude rates — deaths divided by population, not adjusted for age — except where a count was too small for the CDC to publish and it modeled the rate, which the card marks. They come from provisional death certificate records, published by the CDC by county and not below it. So they describe the county around Wake Forest (Wake County) rather than Wake Forest itself. Neither is part of the Area Score. How to read crime rates and death rates.
What this profile does not cover
Each of these is absent for a reason, not by oversight. The Area Score is calculated without them; the weighting is on the methodology page.
- Taxes
- Income and sales taxes are not published: no source covers them nationally with a method open enough to check. Property taxes are shown in the housing section but are not part of the score. The cost-of-living index above is a price level for all consumption, not a household budget, and it excludes taxes. Nothing here is individualized tax advice.
- Anything about a specific address
- Every figure describes an area, not a street or a house.
Access
3 major airports lie within 100 miles, the nearest Raleigh-Durham Intl at 16 miles.
| Metric | Value | Compared nationally | Source period |
|---|---|---|---|
| Broadband access ±1%2024 ACS 5-Year | 97.8% | Top 13%of 31,588 | 2024 ACS 5-Year |
| Distance to major airportNASR current cycle | 16 mi | Top 47%of 4,226 | NASR current cycle |
| Major airports within 100 milesNASR current cycle | 3 | Bottom 20%of 4,226 | NASR current cycle |
| No internet access ±0.6%2024 ACS 5-Year | 1.1% | Top 15%of 31,588 | 2024 ACS 5-Year |
| Airport | Code | Distance | Longest runway |
|---|---|---|---|
| Raleigh-Durham Intl | RDU | 16 mi | 10,000 ft |
| Kinston Rgnl Jetport At Stallings Fld | ISO | 67 mi | 11,498 ft |
| Piedmont Triad Intl | GSO | 80 mi | 10,001 ft |
Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.
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Other cities in Raleigh-Cary, NC
Same metropolitan area, measured the same way| City | County | Population | Area Score | Compare |
|---|---|---|---|---|
| Raleigh | Wake County | 481,031 | 70 | Raleigh vs Wake Forest |
| Cary | Wake County | 179,306 | 74 | Cary vs Wake Forest |
| Apex | Wake County | 70,630 | 78 | Apex vs Wake Forest |
| Holly Springs | Wake County | 45,248 | 74 | |
| Fuquay-Varina | Wake County | 40,485 | 70 | |
| Garner | Wake County | 34,473 | 66 | |
| Morrisville | Wake County | 31,422 | 81 | |
| Clayton | Johnston County | 29,320 | 68 | |
| Knightdale | Wake County | 20,214 | 69 | |
| Wendell | Wake County | 13,064 | 66 | |
| Smithfield | Johnston County | 12,116 | 59 | |
| Rolesville | Wake County | 10,766 | 73 |
Every city here is measured on the same scale from the same source releases, so the comparison is like for like. A higher Area Score reflects AreaProfile’s standardized weighting rather than a judgment about which is the better place to live.
Similar places
Matched on AreaProfile signals, not geographyCompare
Put Wake Forest side by side with a similar place.
Moving to Wake Forest from somewhere else?
You get the difference in prices, rent and weather, and the income that would keep pace.
Data & methodology
| Used for | Source | Source period |
|---|---|---|
| Access | Federal Aviation Administration Airports (NASR) — Aeronautical Data Delivery Service | NASR current cycle |
| Safety | Federal Bureau of Investigation, Crime Data Explorer Summarized offense counts by law enforcement agency | 2025 calendar year |
| Physical risk | Federal Emergency Management Agency National Risk Index | National Risk Index December 2025 (v1.20.0) |
| Demographics, Income | Internal Revenue Service, Statistics of Income Division U.S. Population Migration Data (county to county) | filing years 2022–2023 |
| Climate | NOAA National Centers for Environmental Information U.S. Climate Normals 1991–2020 (Monthly) | 1991-2020 Normals |
| Housing | U.S. Bureau of Economic Analysis Regional price parities and county personal income | 2023 |
| Jobs | U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics | 2025 OEWS |
| Jobs | U.S. Bureau of Labor Statistics Local Area Unemployment Statistics | July 2026 |
| Demographics | U.S. Census Bureau Population Estimates Program | July 1, 2024 estimate |
| Development | U.S. Census Bureau Building Permits Survey | 12 months ending July 2026 |
| Access, Demographics, Housing, Income, Jobs | U.S. Census Bureau American Community Survey 5-Year Estimates (Table-Based Summary File) | 2024 ACS 5-Year |
| Safety | U.S. Centers for Disease Control and Prevention, National Center for Health Statistics Provisional county-level mortality by intent | March 2025 to February 2026; May 2025 to April 2026 |
| Schools | U.S. Department of Education, National Center for Education Statistics Common Core of Data and EDFacts assessments | 2018-19 school year; 2024-25 school year |
| Housing | U.S. Department of Housing and Urban Development, Office of Policy Development and Research Fair Market Rents | FY2026 |
| Climate | U.S. Environmental Protection Agency, Air Quality System Daily Air Quality Index by county | 2024 calendar year |
| Housing | U.S. Federal Housing Finance Agency House Price Index (traditional, all-transactions) | 2026 Q2 |
| Current conditions | NOAA National Weather Service National Weather Service current conditions | Live observation, read when the page opens |
Profile recalculated October 8, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology, or every source with how often each updates.
ZIP codes in Wake Forest
1 ZIP areaEvery ZIP area in Wake Forest with census figures of its own, largest first. The ones linked below diverge enough from the city as a whole to carry a full profile; the rest track Wake Forest closely, so their figures are here rather than on a page that would repeat this one. An Area Score is calculated for published profiles only, which is why it is blank on those rows.
| ZIP | Population | Median household income | Median home value | Area Score |
|---|---|---|---|---|
| 27587 | 82,886 | $133,743 | $497,800 | — |