Wake Forest is a medium-sized town located in the state of North Carolina. With a population of 38,199 people and eight constituent neighborhoods, Wake Forest is the 28th largest community in North Carolina. Much of the housing stock in Wake Forest was built relatively recently. The construction of new real estate can often be taken as an indication that the local Wake Forest economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Wake Forest, where the median household income is $80,978.00.
Wake Forest real estate is some of the most expensive in North Carolina, although Wake Forest house values don't compare to the most expensive real estate in the U.S.
Wake Forest is a decidedly white-collar town, with fully 90.22% of the workforce employed in white-collar jobs, well above the national average. Overall, Wake Forest is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Wake Forest who work in management occupations (16.03%), sales jobs (12.88%), and office and administrative support (11.74%).
Also of interest is that Wake Forest has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Wake Forest telecommute to their jobs. Overall, about 11.15% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Wake Forest is a great place for families with children to consider. First of all, many other families with children live here, making Wake Forest a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Wake Forest has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Wake Forest’s overall crime rate is lower than average for the country.
Do you like to read, write and learn? If you move to Wake Forest, you'll likely find that many of your neighbors like to as well. Wake Forest is one of the more educated communities in America, with a full 52.81% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Wake Forest in 2010 was $33,707, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $134,828 for a family of four. However, Wake Forest contains both very wealthy and poor people as well.
Wake Forest is a very ethnically-diverse town. The people who call Wake Forest home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wake Forest residents report their race to be White, followed by Black or African-American. Important ancestries of people in Wake Forest include German, English, Italian, and Scottish.
The most common language spoken in Wake Forest is English. Other important languages spoken here include Spanish and Persian.