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Wake Forest Information

Population, Cost of Living, Education, Transportation, and More

Below are some Quick Facts about Wake Forest. For complete details on all aspects of living in Wake Forest, visit the Town’s Wake Forest Economic Development website. This site includes a variety of community data, including population, education, cost of living, taxes, recreation, arts and culture, industry, major employers, and more. This information can be found under the Community Data and Living in Wake Forest tabs.


Wake Forest: 35,609
Wake Forest population grew 151 percent between 2000 and 2013
Wake County: 974,289
Wake Forest largest population groups are ages 35-39 and ages 5-9
#2 in Population Growth from 1985 – 2011 (Raleigh-Cary, NC) Federal Deposit Insurance Corp


The cost of living is 93.4% of the national average.

The average sale price of single family home is approximately $258,061.


Average annual temperature: 60.8 degrees

Annual precipitation: 46.68 inches


Award-winning Wake County K-12 public education system (WCPSS) with 32 Magnet school programs, 24 NC STEM designated schools, 16 NC Global Schools Network Schools, two single-gender Leadership Academies, two Early College programs, 10 Career Academies, 14 Charter Schools granted through the WCPSS, and 71 private schools in Wake County serving over 16,000 students. Three top-tier research universities are within close proximity: North Carolina State University (Raleigh), Duke University (Durham), and University of North Carolina at Chapel Hill (Chapel Hill).


World-renown healthcare providers, including WakeMed Health & Hospitals, Rex Healthcare, and Duke University Medical Center.


Wake Forest is a short distance away from I-95, I-85 and I-40 providing major thoroughfares to all of the key destinations up and down the East Coast and across the region. Raleigh-Durham International (RDU) Airport has 400 daily flights, 9 major carriers and 40 nonstop destinations.


Enjoy a wide array of outdoor activities including golfing, hiking, cycling, fishing, boating, swimming and more. The 30,000-acre Falls Lake Recreation Area is minutes away! Wake Forest has 561 acres of local parks, open space, natural land and trails, which includes five baseball/softball fields, three soccer fields, one pool, six picnic areas, eight playgrounds, eight lighted tennis courts, a dog park, the Wake Forest Community House, Flaherty Park Community Center, and more than six miles of greenway trails. Interested in cultural amenities and events? A plethora take place in Wake Forest: Art After Hours, Farmer’s Market, spring concerts at Joyner Park, Mardi Gras Street Festival, Holiday Parade, Meet in the Street arts and crafts festival, Wake Forest ARTS, Forest Moon Community Theater, Wake Forest Renaissance Centre and more!