Facts & Figures
Wake Forest is home to more than 27,000 people. Its population has more than doubled in the last ten years. As the number of residents continues to grow, so does the level of education and affluence.
Wake Forest Population & Projected Population
| 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2012 | 2025 |
| 14,288 | 15,022 | 16,205 | 17,607 | 20,300 | 22,784 | 24,970 | 26,634 | 35,500 | 47,770 |
Source:Town of WakeForest Planning Department
County, Metro and Combined Statistical Area Population
| Name | July 2000 | July 2007 | Projected July 2012 |
| Wake County | 634,798 | 832,590 | 988,800 | MSA * | 805,463 | 1,046,342 | 1,234,868 | CSA ** | 1,323,322 | 1,631,740 | 1,868,822 |
Source:NC Office of State Planning *Raleigh-Cary MSA consists of Wake, Franklin and Johnston Counties **Raleigh-Durham-ChapelHill CSAconsists of Wake, Franklin, Johnston, Chatham, Durham, Orange, Personand H
Population Characteristics- 2007 Estimates
| Age 0-17 | Age 18-44 | Age 45-64 | Age 65+ |
| 30.30% | 37.70% | 24.60% | 7.40% |
| Male | Female |
| 49.60% | 50.40% |
| White | Black | Asian | Hispanic |
| 84.80% | 9.90% | 1.60% | 3.90% |
Source:Source: Demographics USA Zip Code edition 2007
2008 Educational Attainment for the Population Ages 25+
| < 9th | 9-12, No Diploma | Diploma | Some College, No Degree | Associate | Bachelor | Postgraduate |
| 3.3% | 6.1% | 21.1% | 18.6% | 10.6% | 29.6% | 10.7% |
Source:ESRI
Average Household Income
| 2000 | 2008 | 2013 |
| 69,419 | 92,465 | 115,888 |
Source:ESRI
Income
| Name | 2000 | 2008 | 2013 |
| Median HH Income | 56,999 | 75,964 | 89,011 | Median Home Value | 147,331 | 219,289 | 232,990 | Per Capita Income | 25,302 | 34,308 | 42,986 |
Source:ESRI
Households By Income
| Income | Percentage of Population |
| < 15,000 | 5.2% | 15,000-24,999 | 5.2% | 25,000-34,999 | 6.1% | 35,000-49,999 | 13.1% | 50,000-74,999 | 19.5% | 75,000-99,999 | 17.2% | 100,000-149,999 | 22.5% | 150,000-199,999 | 6.2% | 200,000 + | 5.0% |
Source:ESRI
Housing Units
| Name | 2000 | 2008 | 2013 |
| Housing Units (Hus) | 11,748 | 19,114 | 24,274 | Owner Occupied Hus | 71.3% | 73.6% | 73.2% | Renter Occupied Hus | 21.5% | 19.1% | 19.5% | Vacant Hus | 7.2% | 7.4% | 7.3% |
Source:ESRI
Residential Real Estate- Average Closing Price
| County | Housing Type | Avg. Closing Price |
| Wake | Single Family | $263,342 |