Wake Forest

County:: Wake County
County Seat:: No
Area (mi²):: 19.636
State:: North Carolina

Wake Forest is a town located in Wake County, North Carolina. Wake Forest has a 2025 population of 57,240. Wake Forest is currently growing at a rate of 2.6% annually and its population has increased by 14.52% since the most recent census, which recorded a population of 49,982 in 2020.

The average household income in Wake Forest is $139,518 with a poverty rate of 2.95%.The median age in Wake Forest is 38.8 years: 37.6 years for males, and 40.1 years for females.

Demographics

The racial composition of Wake Forest includes 67.26% White, 19.8% Black or African American, and smaller percentages for other race, Asian, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	34,436	67.26%
Black or African American	10,138	19.8%
Two or more races	3,956	7.73%
Other race	1,401	2.74%
Asian	1,227	2.4%
Native American	34	0.07%
Native Hawaiian or Pacific Islander	7	0.01%

Wake Forest Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Wake Forest's average per capita income is $63,430. Household income levels show a median of $120,777. The poverty rate stands at 2.95%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$150,057	-
Families	$135,641	$151,498
Households	$120,777	$139,518
Non Families	$61,289	$90,820

$63,430

Average Income

$120,777

Median Household Income

2.95%

Poverty Rate