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Wake Forest, NC Area and Community Summary Information


Community Summary

Wake Forest North Carolina
Community Characteristics
Population 20,910 8,925,167
Population Density 2,682 177
Educational Climate Index 4
Median Age 33.49 35.45
Median Dwelling Age 9 22
In Current Residence 5+ years 29 % 30 %
Median Home Sale Price $210,500
Average household Income $72,434 $55,436
Median Value of Home Equity $203,378 $170,529
Median Mortgage Debt $421,702 $342,841
Total Household Expenditure 109 90
Total Crime Risk 52 114
Weather Risk 147 140
Air Pollution Index 82 90
Median Travel Time to Work 30.64 19.74
     

Population Characteristics

Wake Forest North Carolina
Population 20,910 8,925,167
Population Density 2,682 177
     
Male Population 10,078 4,396,776
Female Population 10,832 4,528,391
     
Population Change Since 1990 215 % 35 %
Population Change Since 2000 66 % 11 %
     

Age

Wake Forest North Carolina
Median Age 33.49 35.45
     
Population: Age 0-4 1,929 615,024
Population: Age 5-9 1,705 597,762
Population: Age 10-14 1,587 598,755
Population: Age 15-19 1,216 601,467
Population: Age 20-24 1,003 604,161
Population: Age 25-29 1,475 624,062
Population: Age 30-34 1,712 635,931
Population: Age 35-39 1,877 641,372
Population: Age 40-44 1,855 661,981
Population: Age 45-49 1,583 654,163
Population: Age 50-54 1,268 600,577
Population: Age 55-59 960 533,746
Population: Age 60-64 742 434,447
Population: Age 65-69 576 333,101
Population: Age 70-74 427 269,436
Population: Age 75-79 329 214,100
Population: Age 80-84 294 158,390
Population: Age 85+ 369 146,692
     

Race Distribution

Wake Forest North Carolina
Race: White 16,525 6,349,474
Race: American Indian, Eskimo, Aleut 32 114,584
Race: Asian or Pacific Islander 606 166,524
Race: Other 347 272,099
Race: Hawaiian / Pacific Islander 3 3,255
Race: Black 2,959 1,854,440
     

Hispanic Distribution

Wake Forest North Carolina
Population: Hispanic 784 620,909
Population: Not Hispanic 20,125 8,304,258
     

Education

Wake Forest North Carolina
Education: Less than 9th Grade 450 345,104
Education: Some High School 591 616,933
Education: High School Graduate 2,448 1,756,856
Education: Some College 2,233 1,133,205
Education: Associate Degree 1,180 514,696
Education: Bachelors Degree 4,786 1,047,324
Education: Graduate Degree 1,782 493,880
     

Marital Status

Wake Forest North Carolina
Never Married 3,177 1,754,004
Now Married 9,646 3,822,495
Separated 968 432,296
Widowed 662 467,243
Divorced 1,231 635,981
     

Households

Wake Forest North Carolina
Households 7,691 3,515,679
Average Household Size
     
Households: Family 5,575 2,337,791
Households: Non-Family 2,116 1,177,888
     
Households: With Children 3,308 1,221,350
Households: No Children 4,385 2,294,329
     

Housing Characteristics

Wake Forest North Carolina
Median Dwelling Age 9 22
Median Home Sale Price $210,500
Average household Income $72,434 $55,436
Median Value of Home Equity $203,378 $170,529
Median Mortgage Debt $421,702 $342,841
     

Home Ownership

Wake Forest North Carolina
Vacant Dwellings 967 583584
Owner-Occupied Dwellings 5196 2383344
Renter-Occupied Dwellings 2496 1132335
     

Turnover

Wake Forest North Carolina
In Current Residence 5+ years 29 % 30 %
Annual Residential Turnover 19 % 19 %
     
Median Years in Residence 2.83 2.83
     

Income Characteristics

Wake Forest North Carolina
Median household income $68,604 $48,319
Average household Income $72,434 $55,436
Per capita income $27,012 $22,535
Median Disposable Income $56,336 $41,178
     

Income Growth

Wake Forest North Carolina
Change in Avg. Household Income Since 1990 132 % 81 %
Change in Avg. Household Income Since 2000 23 % 23 %
     

Household Income

Wake Forest North Carolina
Household Income: $0-$10,000 401 316,164
Household Income: $10,000-$15,000 257 164,997
Household Income: $15,000-$20,000 283 181,985
Household Income: $20,000-$25,000 312 202,864
Household Income: $25,000-$30,000 285 209,504
Household Income: $30,000-$35,000 257 195,420
Household Income: $35,000-$40,000 293 181,789
Household Income: $40,000-$45,000 323 192,317
Household Income: $45,000-$50,000 282 169,884
Household Income: $50,000-$60,000 624 338,164
Household Income: $60,000-$75,000 956 382,310
Household Income: $75,000-$100,000 1,300 419,223
Household Income: $100,000-$125,000 862 226,270
Household Income: $125,000-$150,000 488 119,424
Household Income: $150,000-$200,000 366 102,843
Household Income: $200,000-$250,000 148 35,124
Household Income: $250,000-$500,000 183 40,761
Household Income: $500,000+ 70 36,636
     

Median Income

Wake Forest North Carolina
Median Income: Age < 25 $41,500 $32,250
Median Income: Age 25-34 $66,914 $46,818
Median Income: Age 35-44 $75,477 $54,562
Median Income: Age 45-54 $84,135 $58,847
Median Income: Age 55-64 $73,773 $52,166
Median Income: Age 65-74 $40,227 $38,825
Median Income: Age 75+ $22,941 $30,361
     

Cost of Living Index

Wake Forest North Carolina
Total Household Expenditure 109 90
Contributions 109 87
Personal Insurance 110 88
Apparel 109 89
Education 112 86
Entertainment 110 90
Food And Beverages 108 91
Health Care 106 91
Household Furnishings And Equipment 111 89
Shelter 109 90
Household Operations 111 88
Miscellaneous Expenses 108 91
Personal Care 109 90
Reading 109 90
Tobacco 104 93
Transportation 110 90
Utilities 107 91
Gifts 110 88
     
Sales Tax Rate 7 %
     

Financial Characteristics

Wake Forest North Carolina
Median Household Net Worth $171,772 $135,234
Average Household Net Worth $568,329 $456,392
Median Value of Home Equity $203,378 $170,529
Median Mortgage Debt $421,702 $342,841
     

Net Worth

Wake Forest North Carolina
Net Worth: $0 or Less 832 412,090
Net Worth: $1-$5,000 935 470,696
Net Worth: $5,000-$10,000 512 245,908
Net Worth: $10,000-$25,000 924 429,785
Net Worth: $25,000-$50,000 1,022 465,599
Net Worth: $50,000-$100,000 1,260 574,965
Net Worth: $100,000-$250,000 1,514 674,063
Net Worth: $250,000-$500,000 611 264,094
Net Worth: Greater Than $500,000 352 141,199
     

Investments and Debt

Wake Forest North Carolina
Median Value of Transaction Accounts $30,559 $25,062
Median Value of Certificates of Deposit $7,400 $6,726
Median Value of Savings Bonds $1,243 $1,047
Median Value of Bonds (Not US Savings) $13,630 $10,358
Median Value of Stocks $43,872 $34,021
Median Value of Mutual Funds $35,838 $28,208
Median Value of Retirement Accounts $80,547 $62,567
Median Value of Cash Value Life Ins $6,907 $5,693
Median Value of Other Managed Accounts $18,605 $15,072
Median Value of Other Financial Assets $5,187 $4,144
Median Value of Any Financial Assets $243,789 $192,898
Median Value of Vehicles Owned $20,089 $17,280
Median Value of Investment Property Equity $44,691 $35,392
Median Value of Business Equity $30,741 $24,507
Median Value of Other Non-Financial Assets $116,601 $90,099
Median Value of Any Non-Financial Assets $6,201 $5,034
Median Installment Loan Debt $73,444 $59,627
Median Lines of Credit Debt $9,052 $6,972
Median Credit Card Debt $781 $594
Median Investment Real Estate Debt $9,673 $8,540
Median Other Debt $16,388 $13,941
Median Total Debts $212,812 $160,445
     

Occupation

Wake Forest North Carolina
     
Occupations: White Collar 5,767 3,046,960
Occupations: Blue Collar 1,698 1,015,146
     
Business Counts: Professional Specialty Occupations 1,142 632,391
Business Counts: Sales Professionals 207 106,424
Business Counts: Technologies and Technicians 198 147,356
Business Counts: Sales Workers and Clerks 957 381,152
Business Counts: Administrative Support 1,277 726,362
Business Counts: Technical, Sales and Administrative: Field Occupations 15 6,790
Business Counts: Private Household 0 235
Business Counts: Protective Services 62 52,575
Business Counts: Other Services: Site Based 1,146 528,648
Business Counts: Other Services: Field Based 23 20,991
Business Counts: Farming, Forestry, and Fishing 195 106,035
Business Counts: Precision, Craft, and Repair: Site Based 681 395,476
Business Counts: Construction, Repair and Mining: Field Based 233 132,097
Business Counts: Machine Operators, Assemblers and Inspectors 177 132,180
Business Counts: Transportation Materials Moving Workers 204 126,177
Business Counts: Handlers, Helpers and Laborers 208 123,181
     
Employees: Agricultural, Forestry, Fishing 132 45,634
Employees: Mining 18 3,679
Employees: Construction 402 220,911
Employees: Manufacturing 207 475,193
Employees: Transportation and Communications 166 155,535
Employees: Wholesale Trade 214 215,359
Employees: Retail Trade 2,917 873,019
Employees: Finance, Insurance and Real Estate 441 230,772
Employees: Services 2,789 1,576,783
Employees: Public Administration 177 265,438
     

Transportation & Commute

Wake Forest North Carolina
Median Travel Time to Work 30.64 19.74
Transportation to Work: Public 0 % 1 %
Transportation to Work: Drive / Carpool 93 % 94 %
Transportation to Work: Walk / Bike / Other 2 % 3 %
Transportation to Work: Work at Home 4 % 3 %
     

Crime Risk

Wake Forest North Carolina
Total Crime Risk 52 114
     
Personal Crime Risk 37 93
Murder Risk 28 106
Rape Risk 40 76
Robbery Risk 26 98
Assault Risk 49 91
     
Property Crime Risk 60 117
Burglary Risk 83 159
Larceny Risk 63 111
Motor Vehicle Theft Risk 28 72
     

Temperature & Rain

Wake Forest North Carolina
Average January High Temperature 50.7 50.07
Average January Low Temperature 24.7 28.54
Average July High Temperature 90.4 87.94
Average July Low Temperature 65.2 66.75
     
Annual Precipitation 47.5 50.29
     

Weather Risk Index

Wake Forest North Carolina
Weather Risk 147 140
Earthquake Risk 40 61
Hail Index 103 117
Hurricane Index 203 203
Tornado Index 85 67
Wind Index 101 107
     

Environmental Quality Index

Wake Forest North Carolina
Air Pollution Index 82 90
Ozone Index 117 112
Carbon Monoxide Index 62 95
Lead Index 50 56
NO2 Index 88 94
Particulate Matter Index 91 94
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
27587
$70,159
Median Value of Home Equity
Zip
1
27587
$216,358
Fastest Growing (change since 2000)
Zip
1
27587
52 %
Longest Commute
Zip
1
27587
30.79
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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