2025 Compare Cities Economy:
Wake Forest, NC vs Monroe, NC

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Highlights
- Household income in Monroe, is 44% less than it is in Wake Forest and is 19% below the National Average.
- Wake Forest unemployment rate is 3.6%.
- Monroe unemployment rate is 5.3%.
 Wake Forest, NCMonroe, NCUnited States
 Unemployment Rate  Unlock5.3%6.0%
 Recent Job Growth  Unlock2.6%1.6%
 Future Job Growth51.6%  Unlock33.5%
 Sales Taxes7.3%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$43,601  Unlock$37,638
 Household Income  Unlock$58,180$69,021
 Family Median Income$112,397  Unlock$85,028
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 Est. Households By Income
 Wake Forest, NCMonroe, NCUnited States
 Income Less Than 15K  Unlock8.3%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock8.5%8.1%
 Income between 30K and 40K4.9%  Unlock8.0%
 Income between 40K and 50K  Unlock10.8%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.7%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock13.1%16.3%
 Income between 150K and 200K16.7%  Unlock7.8%
 Income greater than 200K  Unlock4.2%9.5%
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 Population By Occupation
 Wake Forest, NCMonroe, NCUnited States
 Management, business, finance28.8%  Unlock16.4%
 Engineering, computers, science  Unlock3.8%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock0.2%1.2%
 Education, library7.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.6%2.0%
 Healthcare practitioners and technology8.0%  Unlock6.2%
 Healthcare support  Unlock2.0%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock6.1%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock3.2%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  Unlock20.6%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 Monroe    5 Reviews

Moved to Monroe approx 6 years ago. It has been one excuse after the other for the high incidence of assault and battery as well as property crime. The mayor and city  More

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I have lived in Monroe since 2015. I have been welcomed by my neighbors and the community. Monroe is rapidly growning. The downtown area is family friendly and has added  More

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I’m so glad to be moving away from this little Charlotte wanna be Town run by rednecks! I’ve been here for 15 years and have been stopped by Sheriff’s about 8 times!  More

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