Wake Forest is a town located in Wake County, North Carolina. Wake Forest has a 2026 population of 60,284. Wake Forest is currently growing at a rate of 3.01% annually and its population has increased by 21.24% since the most recent census, which recorded a population of 49,723 in 2020.
The median household income in Wake Forest is $123,802 with a poverty rate of 4.49%. The median age in Wake Forest is 38.6 years: 37.4 years for males, and 39.4 years for females. For every 100 females there are 93.2 males.
Data after 2023 is projected based on recent change
Overall: 38.6 years
Female: 39.4 years
Male: 37.4 years
There are 38,842 adults, (6,766 of whom are seniors) in Wake Forest.
Female: 27,347 (51.8%)
Male: 25,497 (48.2%)
The racial composition of Wake Forest includes 65.65% White, 19.74% Black or African American, and smaller percentages for Asian, other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 34,692 | 65.65% |
| Black or African American | 10,433 | 19.74% |
| Two or more races | 4,755 | 9% |
| Asian | 1,554 | 2.94% |
| Other race | 1,384 | 2.62% |
| Native American | 21 | 0.04% |
| Native Hawaiian or Pacific Islander | 5 | 0.01% |
Wake Forest 's average per capita income is $66,331. Household income levels show a median of $123,802. The poverty rate stands at 4.49%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $159,327 | - |
| Families | $142,705 | $161,594 |
| Households | $123,802 | $146,479 |
| Non Families | $58,470 | $85,800 |
Average Income
Median Household Income
Poverty Rate