Economy in Wake Forest, North Carolina

Economy

Economy	Wake Forest, NC	United States
Unemployment Rate	7.40%	9.10%
Recent Job Growth	0.22%	-0.12%
Future Job Growth	33.04%	31.25%
Sales Taxes	6.75%	6.80%
Income Taxes	8.25%	6.25%
Income per Cap.	$31,500	$27,067
Household Income	$72,302	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	7.05%	12.10%
Income between 15K and 25K	6.52%	10.18%
Income between 25K and 35K	6.27%	10.56%
Income between 35K and 50K	12.05%	14.98%
Income between 50K and 75K	20.46%	19.53%
Income between 75K and 100K	17.69%	12.52%
Income between 100K and 150K	19.74%	12.14%
Income between 150K and 250K	5.46%	3.91%
Income between 250K and 500K	4.03%	3.34%
Income greater than 500K	0.72%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	20.42%	13.81%
Professional and Related Occupations	30.62%	22.68%
Service	9.82%	14.51%
Sales and Office	27.79%	25.22%
Farming, Fishing, and Forestry	0.06%	0.68%
Construction, Extraction, and Maintenance	9.38%	9.37%
Production, Transportation, and Material Moving	10.64%	15.86%

The unemployment rate in Wake Forest, NC, is 7.40%, with job growth of 0.22%. Future job growth over the next ten years is predicted to be 33.04%.

Wake Forest, NC,sales tax rate is 6.75%. Income tax is 8.25%.

The income per capita is $31,500, which includes all adults and children. The median household income is $72,302.

Wake Forest Economy SperlingViews