About

Life in Wake Forest

If you're considering Wake Forest, understand that you're looking at a prosperous suburb in the Raleigh orbit—not a small town anymore. Housing costs reflect that growth: median home values sit around $475,000 with rents near $1,596/month, which is solidly middle to upper-middle class territory. The job market is strong with unemployment under 3.4%, and if you're working in tech, research, or professional services in the Triangle, your 30-minute average commute is reasonable.

Wake Forest at a Glance

Population, income, housing and more

Median Age

38.6 yrs

Poverty Rate

4.5%

Foreign-Born

9.5%

Broadband Internet

97.8%

of households

Population Growth

+21.1%

recent change · Census Bureau

Median household income

Wake Forest$123,802
North Carolina avg$72,388
US$80,734

Demographics9.5% foreign-born, most often from India

Who lives in Wake Forest: race and ethnicity, ages, households, languages and countries of origin

In Wake Forest, the largest foreign-born group is from India (11.2%), and 4.7% of residents speak Spanish at home.

Under 18

26.5%

of residents

65 and Older

12.8%

of residents

Households with Kids

38.8%

anyone under 18

Living Alone

17.6%

of households

Married Couples

62.7%

of households

Avg Household Size

2.81

people

Race & Ethnicity

White64.6%
Black19.5%
Hispanic or Latino9.0%
Two or more races3.6%
Asian2.9%

Hispanic or Latino of any race; other groups are non-Hispanic

Top countries of origin (foreign-born)

India11.2%
Canada7.7%
Venezuela7.6%
Egypt6.3%
Jamaica6.0%
Mexico4.7%
Ukraine4.0%
Colombia4.0%
Spain3.7%
Korea3.2%

Languages Spoken at Home

English only89.5%
Spanish4.7%
Other Indo-European1.5%
Other0.8%
Arabic0.8%
Korean0.7%
Russian/Slavic0.6%
French/Haitian0.6%

Cost of Livingrent 30% above NC average

Rent, home values, and income in Wake Forest

In Wake Forest, rent runs 30% above the NC average, and home values are 64% above the NC average.

Median rent (per month)

Wake Forest$1,596
North Carolina avg$1,228
US$1,413

Median home value

Wake Forest$474,500
North Carolina avg$288,900
US$332,700

Rent Burdened

44.7%

spending 30%+ of income on rent

Severely Rent Burdened

19.2%

spending 50%+

Cost of Living Index

98.2

metro area (BEA) · US avg = 100

Median Property Tax

$3,853

per year, owner-occupied homes

Homeowners

74.0%

of occupied homes are owned

Typical Home Built

2009

median year built

Vacant Homes

5.3%

of housing units

Home Value Trend

$436,289
$526,575
$504,021
202120222023202420252026

Latest: $504,021 (September 2026)

Jobs & Economyunemployment 0.5 pts below NC average

Unemployment in Wake Forest and typical pay across the metro area

Unemployment in Wake Forest is 0.5 percentage points lower than the NC average.

Unemployment rate

Wake Forest3.3%
North Carolina avg3.8%
US4.3%

City-level rate · BLS annual average

Unemployment Rate — 10 Year Trend

4.1%
3.7%
3.4%
3.3%
5.8%
3.7%
2.9%
2.9%
3.1%
3.3%
2016201720182019202020212022202320242025

City-level (BLS) · Annual averages

What Wake Forest Residents Do for Work · share of employed residents by industry

Education & health care27.0%
Professional & business services18.6%
Retail11.8%
Manufacturing11.0%
Finance & real estate7.3%
Public administration5.2%
Other services4.5%
Arts, hospitality & food service3.8%

City residents, wherever they work

Median Salary by Occupation · metro area

Management$123,460
Computer & Math$110,070
Business & Finance$79,300
Healthcare$78,800
Education$49,600
Construction$49,160
Office & Admin$43,660
Sales$39,140

Raleigh, NC metro area

Commute30.9 min avg

How Wake Forest residents get to work, and the nearest airports

In Wake Forest, most residents drive alone to work (65%), and 45% get there in under 30 minutes.

How People Get to Work

Drive alone64.5%
Carpool5.1%
Public transit0.0%
Walk1.1%
Work from home28.7%
Other0.6%

Commute Time Distribution

Under 15 min20.6%
15–29 min24.4%
30–44 min28.7%
45–59 min16.8%
60+ min9.5%

Nearest airports · with airline service

  • Raleigh-Durham International Airport (RDU)

    Medium hub7.7M passengers boarded in 2025

    17 mi
  • Charlotte Douglas International Airport (CLT)

    Major hub25.9M passengers boarded in 2025

    146 mi

Straight-line distance. Size is the FAA’s hub category, based on passenger traffic: regional airports may have only a few flights a day.

Safetyviolent crime 74% below national average

Crime rates for 2025

Violent crime in Wake Forest runs 74% below the national average.

Violent Crime Rate

85.2

per 100,000 residents

Below average (329 national, 2025)

Property Crime Rate

1,020.9

per 100,000 residents

Below average (1,552 national, 2025)

Wake Forest Police Department

Natural DisastersThunderstorm Wind most common — 32 events in 2025

Natural hazard risk, storms and earthquakes

FEMA National Risk Index

Relatively High

95.5 / 100

Compares expected losses from natural hazards, social vulnerability and community resilience against every US county (higher = more risk).

Hail · HighHeat wave · HighIce storm · HighLightning · HighInland flooding · High

Wake County, county-wide · FEMA NRI December 2025

In Wake County, which includes Wake Forest, the most common type is thunderstorm wind, with 32 recorded events in 2025.

Most common events:

Thunderstorm WindFlash FloodHailWinter WeatherLightning

Storm events by year

YearEventsTop TypeProperty Damage
202532Thunderstorm Wind$167,000
202429Flash Flood$425,000
202329Thunderstorm Wind$326,500
202243Thunderstorm Wind$1.5M
202115Winter Weather$265,000
202032Thunderstorm Wind$2.6M
201927Thunderstorm Wind$101.4M
201831Thunderstorm Wind$7.2M

Property damage is the National Weather Service's estimate filed with each event. “None reported” means the events were logged with $0 damage; “Not estimated” means no estimate was filed. Storms covering several counties aren't counted here, since NOAA doesn't split their damage by county.

0 earthquakes of magnitude 2.5+ within 100 miles in the past year

Wake County, county-wide

Wake Forest is about 5% of Wake County’s population, so county-wide figures may differ from local conditions.

Air Quality43 median AQI — Good

Days by air quality category (2025)

Air quality in Wake County, which includes Wake Forest, is typically good — 250 good-air days per year.

Median AQI

43

Good Days

250

per year

Moderate Days

115

per year

Unhealthy Days

0

per year

Wake County, county-wide

Wake Forest is about 5% of Wake County’s population, so county-wide figures may differ from local conditions.

Climate85°F summers, 30°F winters

30-year climate averages (1991–2020) — monthly temperatures and precipitation

Wake Forest has warm summers (avg high 85°F) and cold winters (avg low 30°F).

Spring (Mar–May)

70°/45°F

avg high / low

Summer (Jun–Aug)

85°/66°F

avg high / low

Fall (Sep–Nov)

69°/48°F

avg high / low

Winter (Dec–Feb)

51°/30°F

avg high / low

Annual Precipitation

49.4"

Annual Snowfall

1.7"

Hot Days/Year

36

days above 90°F

Freeze Days/Year

82

days below 32°F

Rainy Days/Year

140

Average month

High °FLow °FPrecip (in)
20°40°60°80°100°5.5"Jan: 3.49" precipitationFeb: 2.94" precipitationMar: 4.19" precipitationApr: 3.69" precipitationMay: 3.52" precipitationJun: 4.12" precipitationJul: 4.80" precipitationAug: 4.71" precipitationSep: 5.27" precipitationOct: 3.31" precipitationNov: 3.62" precipitationDec: 3.86" precipitation28°JJan: high 49°F, low 28°FFFeb: high 53°F, low 30°FMMar: high 62°F, low 36°FAApr: high 71°F, low 45°FMMay: high 77°F, low 55°FJJun: high 84°F, low 64°F87°JJul: high 87°F, low 68°FAAug: high 85°F, low 67°FSSep: high 79°F, low 61°FOOct: high 68°F, low 48°FNNov: high 59°F, low 37°FDDec: high 52°F, low 32°F
Show month-by-month table ↓
MonthHighLowPrecip
Jan49°F28°F3.49"
Feb53°F30°F2.94"
Mar62°F36°F4.19"
Apr71°F45°F3.69"
May77°F55°F3.52"
Jun84°F64°F4.12"
Jul87°F68°F4.80"
Aug85°F67°F4.71"
Sep79°F61°F5.27"
Oct68°F48°F3.31"
Nov59°F37°F3.62"
Dec52°F32°F3.86"

Healthcare

Hospitals, ratings, and health insurance in Wake Forest

Uninsured

4.7%

of residents

No hospitals inside Wake Forest's limits — nearest hospitals · within 15 miles

Wakemed, Raleigh Campus

Acute Care Hospitals · ER available · 13 mi away · Raleigh

Holly Hill Mental Health Services

Psychiatric · 13.2 mi away · Raleigh

Not rated

Rex Hospital

Acute Care Hospitals · ER available · 14.8 mi away · Raleigh

Adult Health · vs. the typical US place

Obesity29.5%US 36.8%
Diabetes9.1%US 12.6%
High blood pressure32.2%US 37.1%
Current smoking9.5%US 15.0%
No leisure-time physical activity16.9%US 26.6%
Depression24.2%US 23.0%
Asthma10.4%US 10.7%
Routine checkup in past year80.7%US 78.2%

Share of adults. Modeled estimates, not counted cases. “US” = the typical US place.

Medicare-certified hospitals only. Doesn’t include clinics, urgent care, or freestanding ERs.

Education16.3:1 student/teacher ratio

Schools and degree attainment in Wake Forest

Wake Forest's student/teacher ratio is 16.3:1, close to the national average of 16:1, and 59.5% of adults 25+ hold a bachelor's degree or higher.

Public Schools

13

within city limits

Private Schools

1

within city limits

College Degree Rate

59.5%

adults 25+ with bachelor's or higher

Student/Teacher Ratio

16.3:1

National avg 16:1

Schools located within city limits (2023) — school-level metrics change slowly year to year

Colleges & Universities in Wake Forest

Southeastern Baptist Theological Seminary

Private nonprofit · 4-year · 585 students · in-state tuition $11,764 · 44% graduate

Nearby Colleges (within 15 miles)

Shaw University

15 mi away

Private nonprofit · 4-year · 875 students · in-state tuition $19,278 · 22% graduate · median earnings $38,822 (10 yrs after entry)

William Peace University

13.9 mi away

Private nonprofit · 4-year · 666 students · in-state tuition $35,180 · 52% graduate · median earnings $47,869 (10 yrs after entry)

Degree-granting colleges with 100+ students, placed by campus location (main campuses only — branch campuses are reported under their parent school)

Parks & Recreationclosest: Guilford Courthouse National Military Park, 75 mi

Nearby national parks, recreation areas and public libraries for Wake Forest

Wake Forest has 2 nearby national parks or recreation areas, closest being Guilford Courthouse National Military Park (75 mi away).

Nearby National Parks & Recreation Areas

Guilford Courthouse National Military Park

National Military Park

75 mi away

Appomattox Court House National Historical Park

National Historical Park

99 mi away

Public Libraries in Wake Forest

Wake Forest Community Library

400 E Holding Ave, Wake Forest

Branch~63 hrs/week

Cities Near Wake Forest

The closest cities within 60 miles

Planning a move to Wake Forest?

Read our full moving guide — what it's really like to live here.

Moving to Wake Forest →

Wake Forest FAQ

Is Wake Forest, North Carolina affordable?⌄

Wake Forest's median rent is $1,596/month, which is close to the national average. The median household income is $123,802/year. Median home value is $474,500.

Is Wake Forest, North Carolina safe?⌄

Wake Forest's violent crime rate was 85 per 100,000 residents in 2025, which is well below the national average — one of the safer cities in the country of 329/100k that year. Property crime rate is 1021 per 100,000. As with any city, crime rates vary by neighborhood.

What is the job market like in Wake Forest, North Carolina?⌄

Wake Forest has an unemployment rate of 3.3%, which is solid, slightly below the national average of 4.3%.

What is the cost of living in Wake Forest, North Carolina?⌄

The cost of living in Wake Forest is primarily driven by housing. Median rent is $1,596/month and median household income is $123,802/year. The median home value is $474,500. About 45% of renters spend more than 30% of their income on housing.

How is the commute in Wake Forest, North Carolina?⌄

The average commute in Wake Forest is 31 minutes, which is about average compared to the national average of 26 minutes.

Data from the US Census Bureau, BLS, FBI, NOAA, EPA, Zillow Research and other public sources. Where our data comes from