The median household income in Wake Forest, NC in 2022 was $115,244, which was 41.4% greater than the median annual income of $67,481 across the entire state of North Carolina. Compared to the median income of $52,307 in 2000 this represents an increase of 54.6%. The per capita income in 2022 was $47,031, which means an increase of 51.6% compared to 2000 when it was $22,746.
Whole page based on the data from 2000 / 2022 when the population of Wake Forest, North Carolina was 12,588 / 49,868
Income statistics for all residents
Median household income in Wake Forest, NC in 2022:
Wake Forest:
$115,245
State:
$67,481
Change in median household income between 2000 and 2022:
Wake Forest, North Carolina:
+120.3%
North Carolina:
+72.2%
Number of households with income < $10k:
Wake Forest:
1.1% (189)
North Carolina:
5.4% (232,212)
Number of households with income $10k - 20k:
Wake Forest:
3.4% (589)
North Carolina:
7.7% (331,976)
Number of households with income $20k - 30k:
Wake Forest:
3.5% (601)
North Carolina:
7.5% (321,882)
Number of households with income $30k - 40k:
Wake Forest:
3.2% (564)
North Carolina:
8.3% (358,489)
Number of households with income $40k - 50k:
Wake Forest:
4.4% (768)
North Carolina:
8.2% (350,907)
Number of households with income $50k - 60k:
Wake Forest:
10.0% (1,748)
North Carolina:
7.6% (326,126)
Number of households with income $60k - 75k:
Wake Forest:
7.2% (1,257)
State:
10.1% (435,678)
Number of households with income $75k - 100k:
Wake Forest:
8.9% (1,547)
State:
13.0% (558,943)
Number of households with income $100k - 125k:
Wake Forest:
13.6% (2,366)
State:
9.6% (411,954)
Number of households with income $125k - 150k:
Wake Forest:
10.5% (1,825)
North Carolina:
6.4% (276,370)
Number of households with income $150k - 200k:
Wake Forest:
13.6% (2,368)
State:
7.4% (319,173)
Number of households with income > $200k:
Wake Forest:
20.6% (3,579)
State:
8.7% (375,556)
Aggregate household income in Wake Forest in 2022: $2,296,524,858
Median family income in Wake Forest in 2022:
Wake Forest:
$128,061
State:
$83,448
Number of families with income < $10k:
Wake Forest:
0.8% (107)
State:
3.4% (94,598)
Number of families with income $10k - 20k:
Wake Forest:
0.7% (98)
State:
4.2% (117,182)
Number of families with income $20k - 30k:
Wake Forest:
2.0% (270)
North Carolina:
5.4% (150,808)
Number of families with income $30k - 40k:
Wake Forest:
2.8% (374)
State:
7.0% (194,360)
Number of families with income $40k - 50k:
Wake Forest:
2.3% (312)
North Carolina:
7.1% (197,428)
Number of families with income $50k - 60k:
Wake Forest:
7.6% (1,029)
State:
7.0% (195,435)
Number of families with income $60k - 75k:
Wake Forest:
6.2% (835)
State:
10.5% (292,273)
Number of families with income $75k - 100k:
Wake Forest:
10.6% (1,434)
State:
14.7% (409,674)
Number of families with income $100k - 125k:
Wake Forest:
15.9% (2,142)
North Carolina:
11.3% (314,995)
Number of families with income $125k - 150k:
Wake Forest:
11.6% (1,574)
State:
8.0% (222,491)
Number of families with income $150k - 200k:
Wake Forest:
16.6% (2,237)
State:
9.6% (268,367)
Number of families with income > $200k:
Wake Forest:
22.9% (3,096)
State:
11.8% (327,886)
Median non-family income in Wake Forest in 2022:
Wake Forest:
$53,153
North Carolina:
$41,534
Change in median non-family income between 2000 and 2022:
Wake Forest, North Carolina:
+61.7%
State:
+78.7%
Median per capita income in Wake Forest in 2022:
Wake Forest:
$47,031
State:
$38,701
Change in median per capita income between 2000 and 2022:
Wake Forest, North Carolina:
+106.8%
North Carolina:
+90.6%
Income statistics for White residents
Median household income in Wake Forest, NC in 2022:
Wake Forest:
$115,412
North Carolina:
$75,197
Change in median household income between 2000 and 2022:
Wake Forest, North Carolina:
+102.9%
State:
+76.8%
Number of households with income < $10k:
Wake Forest:
0.8% (105)
North Carolina:
4.4% (125,166)
Number of households with income $10k - 20k:
Wake Forest:
3.7% (467)
State:
6.6% (187,893)
Number of households with income $20k - 30k:
Wake Forest:
2.8% (347)
State:
6.8% (194,490)
Number of households with income $30k - 40k:
Wake Forest:
3.6% (448)
State:
7.4% (210,508)
Number of households with income $40k - 50k:
Wake Forest:
4.6% (569)
State:
7.6% (217,521)
Number of households with income $50k - 60k:
Wake Forest:
9.5% (1,183)
State:
7.2% (206,197)
Number of households with income $60k - 75k:
Wake Forest:
5.7% (718)
State:
9.8% (279,732)
Number of households with income $75k - 100k:
Wake Forest:
9.5% (1,192)
State:
13.7% (390,042)
Number of households with income $100k - 125k:
Wake Forest:
13.0% (1,623)
State:
10.4% (297,273)
Number of households with income $125k - 150k:
Wake Forest:
10.4% (1,302)
North Carolina:
7.2% (203,852)
Number of households with income $150k - 200k:
Wake Forest:
15.7% (1,967)
State:
8.4% (239,971)
Number of households with income > $200k:
Wake Forest:
20.7% (2,582)
North Carolina:
10.4% (297,649)
Aggregate household income in Wake Forest in 2022: $1,666,457,872
Median family income in Wake Forest in 2022:
Wake Forest:
$130,719
State:
$93,403
Number of families with income < $10k:
Wake Forest:
0.7% (63)
North Carolina:
2.4% (45,246)
Number of families with income $10k - 20k:
Wake Forest:
0.7% (68)
North Carolina:
3.2% (59,132)
Number of families with income $20k - 30k:
Wake Forest:
1.4% (132)
State:
4.3% (80,482)
Number of families with income $30k - 40k:
Wake Forest:
2.2% (215)
State:
5.6% (103,621)
Number of families with income $40k - 50k:
Wake Forest:
2.2% (212)
State:
6.4% (118,099)
Number of families with income $50k - 60k:
Wake Forest:
8.5% (823)
State:
6.6% (122,527)
Number of families with income $60k - 75k:
Wake Forest:
5.9% (570)
State:
9.8% (182,594)
Number of families with income $75k - 100k:
Wake Forest:
11.8% (1,137)
State:
15.5% (287,614)
Number of families with income $100k - 125k:
Wake Forest:
14.4% (1,389)
North Carolina:
12.5% (231,962)
Number of families with income $125k - 150k:
Wake Forest:
11.1% (1,071)
State:
8.9% (165,136)
Number of families with income $150k - 200k:
Wake Forest:
19.0% (1,838)
State:
10.9% (201,776)
Number of families with income > $200k:
Wake Forest:
22.3% (2,153)
State:
14.1% (261,328)
Median non-family income in Wake Forest in 2022:
Wake Forest:
$56,021
State:
$44,158
Change in median non-family income between 2000 and 2022:
Wake Forest, North Carolina:
+54.9%
North Carolina:
+76.3%
Median per capita income in Wake Forest in 2022:
Wake Forest:
$49,896
North Carolina:
$44,946
Change in median per capita income between 2000 and 2022:
Wake Forest, North Carolina:
+97.9%
State:
+95.8%
Income statistics for Black or African American residents
Median household income in Wake Forest, NC in 2022:
Wake Forest:
$120,090
State:
$50,059
Number of households with income < $10k:
Wake Forest:
1.3% (40)
North Carolina:
8.3% (74,698)
Number of households with income $10k - 20k:
Wake Forest:
2.3% (71)
State:
11.7% (104,693)
Number of households with income $20k - 30k:
Wake Forest:
6.9% (211)
State:
9.3% (82,966)
Number of households with income $30k - 40k:
Wake Forest:
2.7% (83)
State:
10.7% (95,641)
Number of households with income $40k - 50k:
Wake Forest:
3.4% (103)
North Carolina:
10.0% (89,655)
Number of households with income $50k - 60k:
Wake Forest:
11.8% (359)
State:
8.6% (76,854)
Number of households with income $60k - 75k:
Wake Forest:
7.6% (231)
State:
11.0% (98,582)
Number of households with income $75k - 100k:
Wake Forest:
7.2% (221)
North Carolina:
11.3% (101,044)
Number of households with income $100k - 125k:
Wake Forest:
15.8% (483)
State:
7.0% (62,890)
Number of households with income $125k - 150k:
Wake Forest:
10.6% (323)
State:
4.3% (38,737)
Number of households with income $150k - 200k:
Wake Forest:
9.0% (275)
North Carolina:
4.5% (39,994)
Number of households with income > $200k:
Wake Forest:
21.3% (651)
State:
3.4% (30,594)
Aggregate household income in Wake Forest in 2022: $361,192,027
Median family income in Wake Forest in 2022:
Wake Forest:
$129,811
State:
$61,678
Number of families with income < $10k:
Wake Forest:
0.4% (11)
North Carolina:
5.8% (30,588)
Number of families with income $10k - 20k:
Wake Forest:
0.6% (15)
State:
7.5% (39,405)
Number of families with income $20k - 30k:
Wake Forest:
5.6% (137)
North Carolina:
7.3% (38,502)
Number of families with income $30k - 40k:
Wake Forest:
4.4% (106)
State:
10.5% (55,158)
Number of families with income $40k - 50k:
Wake Forest:
1.8% (43)
State:
9.3% (49,010)
Number of families with income $50k - 60k:
Wake Forest:
5.1% (124)
State:
7.9% (41,389)
Number of families with income $60k - 75k:
Wake Forest:
1.1% (27)
North Carolina:
12.8% (67,311)
Number of families with income $75k - 100k:
Wake Forest:
10.2% (247)
North Carolina:
13.4% (70,556)
Number of families with income $100k - 125k:
Wake Forest:
21.0% (512)
State:
8.6% (45,443)
Number of families with income $125k - 150k:
Wake Forest:
12.0% (292)
State:
5.6% (29,608)
Number of families with income $150k - 200k:
Wake Forest:
13.0% (316)
North Carolina:
6.5% (34,355)
Number of families with income > $200k:
Wake Forest:
24.8% (602)
North Carolina:
4.6% (24,420)
Median non-family income in Wake Forest in 2022:
Wake Forest:
$50,551
State:
$34,291
Median per capita income in Wake Forest in 2022:
Wake Forest:
$44,730
North Carolina:
$28,411
Income statistics for Asian residents
Median household income in Wake Forest, NC in 2022:
Wake Forest:
$124,146
North Carolina:
$108,332
Number of households with income < $10k:
Wake Forest:
4.0% (14)
State:
4.2% (4,787)
Number of households with income $10k - 20k:
Wake Forest:
4.0% (14)
State:
2.8% (3,193)
Number of households with income $20k - 30k:
Wake Forest:
0.0% (0)
North Carolina:
4.8% (5,456)
Number of households with income $30k - 40k:
Wake Forest:
0.0% (0)
State:
6.1% (6,888)
Number of households with income $40k - 50k:
Wake Forest:
0.0% (0)
State:
5.0% (5,707)
Number of households with income $50k - 60k:
Wake Forest:
0.0% (0)
State:
3.3% (3,747)
Number of households with income $60k - 75k:
Wake Forest:
35.7% (125)
North Carolina:
7.6% (8,647)
Number of households with income $75k - 100k:
Wake Forest:
4.0% (14)
State:
11.8% (13,386)
Number of households with income $100k - 125k:
Wake Forest:
2.9% (10)
State:
10.7% (12,074)
Number of households with income $125k - 150k:
Wake Forest:
17.7% (62)
State:
8.8% (9,987)
Number of households with income $150k - 200k:
Wake Forest:
16.9% (59)
State:
13.0% (14,781)
Number of households with income > $200k:
Wake Forest:
14.9% (52)
State:
21.8% (24,705)
Aggregate household income in Wake Forest in 2022: $46,621,941
Median family income in Wake Forest in 2022:
Wake Forest:
$119,623
State:
$127,984
Number of families with income < $10k:
Wake Forest:
6.3% (24)
North Carolina:
1.9% (1,594)
Number of families with income $10k - 20k:
Wake Forest:
4.6% (18)
State:
2.1% (1,743)
Number of families with income $60k - 75k:
Wake Forest:
37.6% (144)
North Carolina:
7.4% (6,293)
Number of families with income $75k - 100k:
Wake Forest:
3.5% (14)
North Carolina:
11.6% (9,795)
Number of families with income $100k - 125k:
Wake Forest:
2.6% (10)
State:
10.4% (8,792)
Number of families with income $125k - 150k:
Wake Forest:
18.1% (69)
State:
10.2% (8,667)
Number of families with income $150k - 200k:
Wake Forest:
13.6% (52)
North Carolina:
13.9% (11,783)
Number of families with income > $200k:
Wake Forest:
13.6% (52)
State:
27.3% (23,109)
Median per capita income in Wake Forest in 2022:
Wake Forest:
$62,059
State:
$49,485
Income statistics for Hispanic or Latino residents
Median household income in Wake Forest, NC in 2022:
Wake Forest:
$74,673
State:
$57,348
Change in median household income between 2000 and 2022:
Wake Forest, North Carolina:
+76.4%
State:
+77.3%
Number of households with income < $10k:
Wake Forest:
4.9% (47)
State:
6.9% (21,164)
Number of households with income $10k - 20k:
Wake Forest:
0.0% (0)
State:
6.6% (20,272)
Number of households with income $20k - 30k:
Wake Forest:
1.2% (12)
State:
9.2% (28,070)
Number of households with income $30k - 40k:
Wake Forest:
3.1% (30)
State:
10.3% (31,524)
Number of households with income $40k - 50k:
Wake Forest:
11.5% (111)
North Carolina:
9.6% (29,552)
Number of households with income $50k - 60k:
Wake Forest:
21.3% (206)
State:
9.6% (29,493)
Number of households with income $60k - 75k:
Wake Forest:
11.3% (109)
State:
11.9% (36,598)
Number of households with income $75k - 100k:
Wake Forest:
7.8% (75)
State:
13.1% (40,020)
Number of households with income $100k - 125k:
Wake Forest:
12.3% (119)
State:
8.8% (27,080)
Number of households with income $125k - 150k:
Wake Forest:
9.6% (93)
State:
5.0% (15,248)
Number of households with income $150k - 200k:
Wake Forest:
2.1% (20)
North Carolina:
4.6% (13,955)
Number of households with income > $200k:
Wake Forest:
14.9% (144)
North Carolina:
4.4% (13,490)
Aggregate household income in Wake Forest in 2022: $109,827,368
Median family income in Wake Forest in 2022:
Wake Forest:
$95,031
State:
$59,574
Number of families with income < $10k:
Wake Forest:
4.4% (33)
State:
6.0% (14,112)
Number of families with income $20k - 30k:
Wake Forest:
2.6% (20)
State:
10.0% (23,695)
Number of families with income $30k - 40k:
Wake Forest:
3.7% (28)
State:
9.9% (23,486)
Number of families with income $40k - 50k:
Wake Forest:
7.9% (60)
State:
9.4% (22,120)
Number of families with income $50k - 60k:
Wake Forest:
10.7% (81)
State:
9.9% (23,438)
Number of families with income $60k - 75k:
Wake Forest:
10.0% (76)
State:
12.5% (29,589)
Number of families with income $75k - 100k:
Wake Forest:
8.6% (66)
North Carolina:
12.9% (30,509)
Number of families with income $100k - 125k:
Wake Forest:
16.7% (128)
State:
8.8% (20,750)
Number of families with income $125k - 150k:
Wake Forest:
13.4% (102)
North Carolina:
5.3% (12,411)
Number of families with income $150k - 200k:
Wake Forest:
2.6% (20)
State:
5.1% (12,056)
Number of families with income > $200k:
Wake Forest:
19.5% (149)
State:
5.0% (11,770)
Median non-family income in Wake Forest in 2022:
Wake Forest:
$51,621
North Carolina:
$39,761
Change in median non-family income between 2000 and 2022:
Wake Forest, North Carolina:
+92.1%
State:
+54.5%
Median per capita income in Wake Forest in 2022:
Wake Forest:
$28,976
State:
$21,631
Change in median per capita income between 2000 and 2022:
Wake Forest, North Carolina:
+53.1%
State:
+94.9%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Wake Forest:
0.0% (0)
North Carolina:
10.5% (4,414)
Number of households with income $10k - 20k:
Wake Forest:
0.0% (0)
State:
14.9% (6,277)
Number of households with income $20k - 30k:
Wake Forest:
0.0% (0)
State:
11.6% (4,885)
Number of households with income $30k - 40k:
Wake Forest:
0.0% (0)
State:
10.4% (4,379)
Number of households with income $40k - 50k:
Wake Forest:
0.0% (0)
State:
8.6% (3,614)
Number of households with income $50k - 60k:
Wake Forest:
0.0% (0)
State:
6.9% (2,918)
Number of households with income $60k - 75k:
Wake Forest:
42.3% (11)
State:
7.9% (3,312)
Number of households with income $75k - 100k:
Wake Forest:
0.0% (0)
State:
11.9% (4,981)
Number of households with income $100k - 125k:
Wake Forest:
0.0% (0)
State:
7.0% (2,925)
Number of households with income $125k - 150k:
Wake Forest:
0.0% (0)
State:
3.4% (1,438)
Number of households with income $150k - 200k:
Wake Forest:
0.0% (0)
State:
3.3% (1,383)
Number of households with income > $200k:
Wake Forest:
57.7% (15)
State:
3.5% (1,487)
Aggregate household income in Wake Forest in 2022: $762,078
Median per capita income in Wake Forest in 2022:
Wake Forest:
$71,437
State:
$23,134
Income statistics for Multirace residents
Median household income in Wake Forest, NC in 2022:
Wake Forest:
$119,030
State:
$63,861
Change in median household income between 2000 and 2022:
Wake Forest, North Carolina:
+124.1%
North Carolina:
+98.6%
Number of households with income < $10k:
Wake Forest:
0.0% (0)
State:
5.6% (13,531)
Number of households with income $10k - 20k:
Wake Forest:
6.0% (63)
North Carolina:
8.1% (19,419)
Number of households with income $20k - 30k:
Wake Forest:
0.2% (2)
State:
7.8% (18,737)
Number of households with income $30k - 40k:
Wake Forest:
0.0% (0)
State:
9.5% (22,818)
Number of households with income $40k - 50k:
Wake Forest:
1.3% (14)
North Carolina:
7.9% (18,914)
Number of households with income $50k - 60k:
Wake Forest:
13.9% (145)
State:
8.1% (19,613)
Number of households with income $60k - 75k:
Wake Forest:
11.3% (118)
State:
10.6% (25,534)
Number of households with income $75k - 100k:
Wake Forest:
3.9% (41)
North Carolina:
12.6% (30,364)
Number of households with income $100k - 125k:
Wake Forest:
19.5% (203)
State:
10.1% (24,418)
Number of households with income $125k - 150k:
Wake Forest:
6.5% (68)
State:
5.8% (13,918)
Number of households with income $150k - 200k:
Wake Forest:
6.6% (69)
North Carolina:
7.4% (17,791)
Number of households with income > $200k:
Wake Forest:
30.7% (320)
North Carolina:
6.5% (15,614)
Aggregate household income in Wake Forest in 2022: $157,497,118
Median family income in Wake Forest in 2022:
Wake Forest:
$179,365
State:
$73,318
Number of families with income $20k - 30k:
Wake Forest:
0.3% (2)
North Carolina:
7.1% (11,654)
Number of families with income $40k - 50k:
Wake Forest:
1.1% (8)
State:
7.5% (12,319)
Number of families with income $50k - 60k:
Wake Forest:
1.8% (13)
State:
8.1% (13,342)
Number of families with income $60k - 75k:
Wake Forest:
5.4% (39)
State:
10.5% (17,278)
Number of families with income $75k - 100k:
Wake Forest:
3.9% (28)
State:
14.2% (23,413)
Number of families with income $100k - 125k:
Wake Forest:
23.5% (170)
State:
10.8% (17,807)
Number of families with income $125k - 150k:
Wake Forest:
9.3% (67)
North Carolina:
6.7% (11,133)
Number of families with income $150k - 200k:
Wake Forest:
8.0% (57)
State:
8.8% (14,514)
Number of families with income > $200k:
Wake Forest:
46.7% (337)
North Carolina:
8.4% (13,806)
Median non-family income in Wake Forest in 2022:
Wake Forest:
$64,095
State:
$40,999
Change in median non-family income between 2000 and 2022:
Wake Forest, North Carolina:
+12.7%
State:
+76.8%
Median per capita income in Wake Forest in 2022:
Wake Forest:
$35,985
State:
$25,945
Income statistics for other residents
Median household income in Wake Forest, NC in 2022:
Wake Forest:
$60,822
State:
$53,762
Number of households with income < $10k:
Wake Forest:
5.9% (28)
State:
6.2% (9,504)
Number of households with income $10k - 20k:
Wake Forest:
0.0% (0)
North Carolina:
6.8% (10,369)
Number of households with income $20k - 30k:
Wake Forest:
4.6% (22)
North Carolina:
9.9% (15,154)
Number of households with income $30k - 40k:
Wake Forest:
7.8% (37)
State:
11.8% (18,031)
Number of households with income $40k - 50k:
Wake Forest:
14.9% (71)
State:
10.1% (15,496)
Number of households with income $50k - 60k:
Wake Forest:
20.6% (98)
North Carolina:
10.7% (16,341)
Number of households with income $60k - 75k:
Wake Forest:
9.0% (43)
North Carolina:
13.0% (19,842)
Number of households with income $75k - 100k:
Wake Forest:
19.5% (93)
State:
12.1% (18,518)
Number of households with income $100k - 125k:
Wake Forest:
0.0% (0)
North Carolina:
7.6% (11,567)
Number of households with income $125k - 150k:
Wake Forest:
10.3% (49)
State:
5.2% (7,883)
Number of households with income $150k - 200k:
Wake Forest:
1.3% (6)
State:
3.1% (4,814)
Number of households with income > $200k:
Wake Forest:
6.1% (29)
State:
3.6% (5,469)
Aggregate household income in Wake Forest in 2022: $40,456,061
Median family income in Wake Forest in 2022:
Wake Forest:
$59,670
State:
$53,454
Number of families with income < $10k:
Wake Forest:
7.7% (28)
State:
6.9% (8,253)
Number of families with income $20k - 30k:
Wake Forest:
6.8% (25)
North Carolina:
11.4% (13,538)
Number of families with income $30k - 40k:
Wake Forest:
15.3% (56)
State:
10.7% (12,795)
Number of families with income $40k - 50k:
Wake Forest:
13.6% (50)
North Carolina:
10.6% (12,683)
Number of families with income $50k - 60k:
Wake Forest:
21.4% (78)
State:
11.4% (13,639)
Number of families with income $60k - 75k:
Wake Forest:
7.5% (27)
North Carolina:
13.3% (15,892)
Number of families with income $75k - 100k:
Wake Forest:
6.0% (22)
State:
11.1% (13,189)
Number of families with income $125k - 150k:
Wake Forest:
14.1% (51)
North Carolina:
5.0% (5,923)
Number of families with income $150k - 200k:
Wake Forest:
1.7% (6)
North Carolina:
3.5% (4,120)
Number of families with income > $200k:
Wake Forest:
5.9% (22)
North Carolina:
3.5% (4,200)
Median per capita income in Wake Forest in 2022:
Wake Forest:
$23,821
North Carolina:
$20,252
Change in median per capita income between 2000 and 2022:
Wake Forest, North Carolina:
+124.9%
State:
+103.6%
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