Wake Forest, North Carolina Population 2020

48,048

Wake Forest is a city located in North Carolina. With a 2020 population of 48,048, it is the 22nd largest city in North Carolina and the 822nd largest city in the United States. Wake Forest is currently growing at a rate of 4.35% annually and its population has increased by 59.54% since the most recent census, which recorded a population of 30,117 in 2010. Spanning over 18 miles, Wake Forest has a population density of 2,726 people per square mile.

The average household income in Wake Forest is $105,312 with a poverty rate of 5.83%. The median rental costs in recent years comes to $1,083 per month, and the median house value is $285,000. The median age in Wake Forest is 35.8 years, 34.7 years for males, and 36.4 years for females. For every 100 females there are 87.7 males.

Wake Forest Demographics

According to the most recent ACS, the racial composition of Wake Forest was:

  • White: 77.13%
  • Black or African American: 14.67%
  • Two or more races: 4.92%
  • Other race: 1.63%
  • Asian: 1.55%
  • Native American: 0.10%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Wake Forest, North Carolina is 48,048, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 44,046.The last official US Census in 2010 recorded the population at 30,117.

Wake Forest, North Carolina Population 2020

Population by Race

Race Population Percentage
White30,97577.13%
Black or African American5,89014.67%
Two or More Races1,9764.92%
Some Other Race6531.63%
Asian6241.55%
American Indian and Alaska Native410.10%

Wake Forest Population Pyramid 2020

Wake Forest Median Age

35.8


Total

34.7


Male

36.4


Female

Wake Forest Adults

There are 27,558 adults, (4,202 of whom are seniors) in Wake Forest.

Wake Forest Age Dependency

71.9

Age Dependency Ratio

18

Old Age Dependency Ratio

54

Child Dependency Ratio

Wake Forest Sex Ratio

Female

21,397

53.28%

Male

18,762

46.72%

Wake Forest Households and Families

Wake Forest Renter vs Owner Occupied by Household Type

Wake Forest Household Types

Type Owner Renter
Married84.4%15.6%
All71.1%28.9%
Male60.2%39.8%
Female52%48%
Non Family47.4%52.6%

71.1%

Rate of Home Ownership

Type Count Average Size Owned
All13,8742.8771.1
Married8,6103.4484.4
Non Family3,4871.2747.4
Female1,5233.2352
Male2543.1260.2

3.36

Average Family Size

2.87

Average Household Size

4.3%

Unmarried (Opposite Sex)

0.2%

Unmarried (Same Sex)

Wake Forest Education

Education Attained Count Percentage
Less Than 9th Grade3991.60%
9th to 12th Grade5512.21%
High School Graduate3,94515.84%
Some College4,42317.76%
Associates Degree2,0918.40%
Bachelors Degree9,04936.34%
Graduate Degree4,44217.84%

Wake Forest Educational Attainment by Race

Name Total High School Bachelors
White18,81218,34010,709
Black3,6413,4751,793
Hispanic1,2781,050350
Multiple Races726726304
Asian471387319
Other Race38324423
Native American414127

The highest rate of high school graduation is among native american people with a rate of 100.00%.

The highest rate of bachelors degrees is among asian people with a rate of 67.73%.

Name Average Male Female
Overall$50,597$65,984$40,086
Less Than High School$19,833$30,806$14,070
High School Grad$32,510$45,945$22,008
Some College$45,607$53,676$35,793
Bachelors Degree$57,485$86,881$42,202
Graduate Degree$67,474$86,660$52,617

$50,597

Average Earnings

$65,984

Average Male

$40,086

Average Female

Wake Forest Language

Wake Forest Language by Age

Wake Forest Language

92.12% of Wake Forest residents speak only English, while 7.88% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 4.41% of the population.

Wake Forest Poverty

Wake Forest Poverty by Race

Name Total In Poverty Poverty Rate
White29,0991,2204.19%
Black5,85970812.08%
Hispanic2,32324610.59%
Other65114922.89%
Multiple1,9701326.70%
Asian613101.63%

5.83%

Overall Poverty Rate

4.78%

Male Poverty Rate

6.75%

Female Poverty Rate

Poverty in Wake Forest

The race most likely to be in poverty in Wake Forest is Other, with 22.89% below the poverty level.

The race least likely to be in poverty in Wake Forest is Asian, with 1.63% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.11%. Among those working part-time, it was 10.32%, and for those that did not work, the poverty rate was 9.18%.

Name Poverty
Less Than High School21.24%
High School12.78%
Some College5.00%
Bachelors or Greater1.92%
Name Poverty
Male Unemployed32.73%
Female Unemployed22.07%
Female Employed3.91%
Male Employed2.94%

Wake Forest Income

Wake Forest Income by Household Type

Name Median Mean
Households$88,394$105,312
Families$105,548$121,983
Married Families$116,111-
Non Families$44,673$52,058

Wake Forest Marital Status

Wake Forest Marital Status

Marriage Rates

58.5%

Overall Marriage Rate

64.1%

Male Marriage Rate

53.8%

Female Marriage Rate

Wake Forest Married by Age and Sex

Wake Forest Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 45-54.

Wake Forest Marital Status by Race

Wake Forest Veterans

2,134

Number of Veterans

1,958

Male Veterans

176

Female Veterans

War Veterans
First Gulf War767
Vietnam632
Second Gulf War501
Korea57
World War II22
Age Group Veterans
35 to 54734
65 to 74500
55 to 64482
18 to 34219
75+199
Name Veterans % of Total
White1,6787.88%
Black3207.90%
2 or More1099.06%
Hispanic452.96%
Indian1536.59%
Asian122.53%

$Wake Forest Veterans by Education

5.26%

Veteran Poverty Rate

18.18%

Veteran Disability Rate

Wake Forest Employment Status

70.1%

Labor Force Participation

67%

Employment Rate

4.3%

Unemployment Rate

Wake Forest Place of Birth

Origin of Non-Citizens

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

38.81%

Born in North Carolina

94.42%

Native Born

5.58%

Foreign Born

2.17%

Non Citizen

Place of Birth

94.42% of Wake Forest residents were born in the United States, with 38.81% having been born in North Carolina. 2.17% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Year Population Growth Annual Growth Rate
202048,0482,0014.35%
201946,0472,0014.54%
201844,0461,8894.48%
201742,1572,0014.98%
201640,1562,0345.34%
201538,1221,5024.10%
201436,6201,8965.46%
201334,7241,7475.30%
201232,9771,3274.19%
201131,6501,2964.27%
201030,35417,7669.20%
200012,5886,8198.11%
19905,7691,9894.32%
19803,7806321.85%
19703,1484841.68%
19602,664-1,040-3.24%
19503,7040.00%