2025 Compare Cities Economy:
Wake Forest, NC vs Lynchburg, VA

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Highlights
- Household income in Lynchburg, is 48% less than it is in Wake Forest and is 28% below the National Average.
- Wake Forest unemployment rate is 3.6%.
- Lynchburg unemployment rate is 6.7%.
 Wake Forest, NCLynchburg, VAUnited States
 Unemployment Rate  Unlock6.7%6.0%
 Recent Job Growth  Unlock2.1%1.6%
 Future Job Growth51.6%  Unlock33.5%
 Sales Taxes7.3%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$43,601  Unlock$37,638
 Household Income  Unlock$54,015$69,021
 Family Median Income$112,397  Unlock$85,028
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 Est. Households By Income
 Wake Forest, NCLynchburg, VAUnited States
 Income Less Than 15K  Unlock12.1%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock9.9%8.1%
 Income between 30K and 40K4.9%  Unlock8.0%
 Income between 40K and 50K  Unlock9.6%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock11.3%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock12.6%16.3%
 Income between 150K and 200K16.7%  Unlock7.8%
 Income greater than 200K  Unlock3.2%9.5%
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 Population By Occupation
 Wake Forest, NCLynchburg, VAUnited States
 Management, business, finance28.8%  Unlock16.4%
 Engineering, computers, science  Unlock5.1%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library7.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.4%2.0%
 Healthcare practitioners and technology8.0%  Unlock6.2%
 Healthcare support  Unlock3.9%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock8.2%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock3.8%2.6%
 Sales, office, administrative support18.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair3.7%  Unlock8.1%
 Production, transportation, material moving  Unlock12.9%13.1%
Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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Reviews for Lynchburg    30 Reviews

Over 4 years ago

Lynchburg, VA, absolutely SUCKS. I'm a native Lynchburger. I moved away when I was 5 & came back when I was 13. These people can't drive to save their lives. They don't  More

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Over 5 years ago

There is much that I like about Lynchburg. The scenery is pretty, lots of historic architecture, well mannered Southerners. But, it is dominated by Jerry Falwell's  More

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I have lived in Lynchburg for twenty years and I am very happy  More

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