The Town of Wake Forest had a population of 40,852 as of July 1, 2018. 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.
Alternate Unofficial Names for Wake Forest: Town of Wake Forest College.
|Population in Households||40,551|
|Population in Familes||35,394|
|Population in Group Qrtrs||301|
|Median Household Income||$73,097|
|Average Household Income||$92,202|
|Per Capita Income||$33,366|
|Total Housing Units||15,062 (100%)|
|Owner Occupied HU||10,297 (68.4%)|
|Renter Occupied HU||3,922 (26.0%)|
|Vacant Housing Units||844 ( 5.6%)|
|Median Home Value||$261,041|
|Average Home Value||$287,927|
|Average Household Size||2.85|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.83%|
|Per Capita Income||2.26%|
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, 2018 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.
|Total Population||# 24||97th|
|Population Density||# 12||99th|
|Diversity Index||# 366||51st|
|Median Household Income||# 51||93rd|
|Per Capita Income||# 109||85th|
Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.