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Population Review

Wake Forest, North Carolina Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of Wake Forest, North Carolina is 51,199 as of the 2023 American Community Survey, making it the 22nd-largest city in North Carolina. The median household income is $120,777, the median home value is $435,000, and the median age is 38.8.

The population has grown 86.8% since 2010 (30,390 → 56,764).

51,199

Population

2576

People / sq mi

$120,777

Median Income

$435,000

Median Home Value

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Wake Forest covers 19.9 sq mi of land at 2576 people per square mile.

About Wake Forest, NC

The poverty rate is what most separates Wake Forest from the typical city: 1.7% of residents live below the federal poverty line, against 12.4% nationally. Wake Forest is a city in North Carolina with a population of 51,199. It ranks #22 among cities in North Carolina by population.

Median household income is $120,777, above the US median of $78,538. Poverty is among the lowest of comparable US cities, at 1.7% — below the national 12.4%. Homes carry a median value of $435,000, with typical rent around $1,458.

College attainment is above the local norm at 57.8%, above the national 35.0%. An unusually large 25.1% of workers are remote, above the national 14.0%, and the average commute runs about 31 minutes each way.

Wake Forest town Population History (2010-2024)

The city of Wake Forest town had a population of 30,390 in 2010 and 56,764 in 2024, a 86.8% growth over 14 years. The peak was 56,764 in 2024. Average annual growth rate: 4.57%.

2024 · 57K20102024
Wake Forest town population, 2010–2024 · Source: U.S. Census Bureau — decennial census & Population Estimates

56,764

Population (2024)

30,390

Population (2010)

56,764

Peak (2024)

4.57%

Avg Annual Growth

YearPopulation
201030,390
201131,694
201233,016
201334,759
201436,653
201538,148
201640,174
201742,165
201844,023
201945,629
202049,723
202150,923
202252,367
202354,431
202456,764

Race & Ethnicity

White67.3%
Black or African American19.8%
Asian0.0%
Hispanic or Latino (any race)1.4%
Two or More Races0.0%

Economy & Income

$120,777

Median Household Income

$49,241

Per Capita Income

1.7%

Poverty Rate

3.1%

Unemployment Rate

Housing

$435,000

Median Home Value

$1,458

Median Rent

74.7%

Owner-Occupied

Education

95.8%

High School+

57.8%

Bachelor's+

Commute

0.1%

Drive Alone

68.5%

Public Transit

25.1%

Work From Home

30.9 min

Avg Commute

Community Profile

52.8%

Foreign Born

91.0%

Non-English at Home

8.2%

Veterans

9.3%

With Disability

94.3%

Health Insurance

97.9%

Internet Access

Employment by Industry

Professional, Scientific & Management27.6%
Finance, Insurance & Real Estate17.9%
Manufacturing10.1%
Information7.1%
Public Administration5.5%
Retail Trade4.4%
Arts, Entertainment & Food Services4.1%
Education, Health Care & Social Services3.8%
Construction3.4%
Transportation & Warehousing1.5%
Agriculture & Mining0.4%

Largest cities in North Carolina

Largest counties in North Carolina

Part of North Carolina

Metro areas in North Carolina

City rankings

Frequently Asked Questions

Wake Forest, North Carolina has a population of 51,199 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 22nd-largest city in North Carolina.

The median household income in Wake Forest, North Carolina is $120,777, with 1.7% of residents living below the federal poverty level.

The median home value in Wake Forest, North Carolina is $435,000, with median monthly rent at $1,458 and a homeownership rate of 74.7%.

The median age in Wake Forest, North Carolina is 38.8 years. The population is 48.5% male and 51.5% female.

The population has grown 86.8% since 2010 (30,390 → 56,764).


Wake Forest town, NC Climate

Wake Forest town, NC has an average annual temperature of 15.2°C (59°F) and receives about 1145 mm of precipitation per year. The warmest month is July and the coldest is January. Figures are 1970–2000 climate normals.

15.2°C

Avg Temp

1145

Precip (mm/yr)

Jul

Hottest Month

Jan

Coldest Month

-5°5°15°25°35°116mmJFMAMJJASOND
Avg temp (°C) Precipitation (mm)
Wake Forest town, NC — monthly temperature & precipitation (1970–2000 normals) · Source: WorldClim 2.1
MonthAvg (°C/°F)Precip
January4° / 39°99 mm
February6° / 42°89 mm
March10° / 50°106 mm
April15° / 59°77 mm
May19° / 67°104 mm
June24° / 75°93 mm
July26° / 79°116 mm
August25° / 77°114 mm
September22° / 71°104 mm
October16° / 60°85 mm
November11° / 51°79 mm
December6° / 43°79 mm

1970–2000 normals from WorldClim 2.1 (~9 km grid). Precipitation can be less precise near mountains or coastlines, where rainfall varies sharply over short distances.

Best time to visit Wake Forest town, NC

The most comfortable months to visit Wake Forest town, NC are typically September, May and June, when temperatures are mildest and rainfall is relatively low. The hottest month is July (around 32°C high). The coldest is January (near -2°C low). July is usually the wettest month.

SeptemberMayJune

Where to stay near Wake Forest

Visiting or relocating to Wake Forest, NC? Compare hotels and short-term rentals across the metro — live availability and prices.

Top-rated places to stay near Wake Forest

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Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.