"This section provides data and information related to summary for Wake Forest, NC summary

Welcome to the Townfolio for Wake Forest, NC where you will find a full community profile.
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Demographics

View the Demographics tab for information such as Us Income Distribution, Us Sex By Age and more. Data is populated from census, state and municipal sources, along with third-party projections.

Total Population

46,387

Median Household Income

104,006

Total Visible Minorities

N/A

Median Age

38.6

Us Income Distribution

According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Wake Forest, NC has a gini coefficient of 0.54 out of 1, while the 2015 national gini coefficient is 0.39.

Us Sex By Age

Overall, women outnumber men by 1338. people. The 50 to 54 years old age cohort exhibits the largest discrepancy with a difference of 301 people between the sexes. Furthermore, majority of the population is between the ages 10 to 14 years old, comprising 9.88 per cent of the population. Meanwhile, 62.43 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 27.0 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 3855 people are expected to retire in the coming years.

Labor Force

View the Labor Force tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.

Real Estate

View the Real Estate tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.

Housing Occupied

94.69%

Housing Vacant

5.31%

No. of Families

9,555

No. of Non-Families

2,989

Transportation

View the Transportation tab for information such as Car Ownership and more. Data is populated from census, state and municipal sources, along with third-party projections.

Most Used
Transportation

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Wake Forest, NC have three vehicles for transportation. 9390 people responding in Wake Forest, NC feel that having three vehicles is sufficient. Moreover, 15.18% of households say they use four vehicles. Moreover, 1985 households have two vehicles

Education

View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.

Dominant Level
of Education

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

N/A

Least Popular
Field of Study

N/A

Us Field Of Study

Most are in Business with 2822 people practicing it in Wake Forest, NC. Education is another popular field of expertise, as 10.54% of inhabitants are involved in it. The third group are those who are in Science & Engineering Related Fields, with 1193 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Wake Forest, NC has 5562 people or 42.64% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.