Wake Forest, NC Profile: Facts, Map & Data

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Wake Forest, North Carolina - Basic Facts

The Town of Wake Forest had a population of 37,225 as of July 1, 2016. Wake Forest ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in North Carolina. See peer rankings below.

The primary coordinate point for Wake Forest is located at latitude 35.9718 and longitude -78.5231 in Wake County. The formal boundaries for the Town of Wake Forest (see map below) encompass a land area of 15.35 sq. miles and a water area of 0.12 sq. miles. Wake County is in the Eastern time zone (GMT -5). The elevation is 390 feet.

While the primary coordinates for Town of Wake Forest are located in Wake County, it should be noted that the formal boundaries for this community also extend into and Franklin County.

The Town of Wake Forest (GNIS ID: 2406816) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Wake Forest is located within Township of Wake Forest, a minor civil division (MCD) of Wake County.

Beneath the boundary map are tables with Wake Forest population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.

Alternate Unofficial Names for Wake Forest: Town of Wake Forest College.


Neighborhood Data

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Town of Wake Forest, NC Boundary Map



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Boundary Maps: Township of Wake Forest | Wake County | North Carolina Counties

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Wake Forest, NC Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 37,225
Population in Households 36,928
Population in Familes 32,197
Population in Group Qrtrs 297
Population Density1 2,425
Diversity Index2 48
 

HOUSEHOLDS

Total Households 13,018
Average Household Size 2.84
Family Households 9,639
Average Family Size 3

HOUSING

Total Housing Units 13,967 (100%)
Owner Occupied HU 8,853 (63.4%)
Renter Occupied HU 4,165 (29.8%)
Vacant Housing Units 949 ( 6.8%)
Median Home Value $255,624
Average Home Value $286,568
 

INCOME

Median Household Income $69,319
Average Household Income $86,860
Per Capita Income $31,422
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 3.44% 3.08%
Households 3.45% 3.0%
Families 2.87% 2.92%
Median Household Income   2.41%
Per Capita Income   1.73%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Wake Forest, NC - Peer Comparisons by Rank and Percentile

The table below compares Wake Forest to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 25 97th
Population Density1 # 17 98th
Diversity Index2 # 367 50th
Median Household Income # 47 94th
Per Capita Income # 94 87th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.