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

Change Cities
Highlights
- Household income in Morganton, is 59% less than it is in Wake Forest and is 60% below the National Average.
- Wake Forest unemployment rate is 3.6%.
- Morganton unemployment rate is 4.4%.
 Wake Forest, NCMorganton, NCUnited States
 Unemployment Rate  Unlock4.4%6.0%
 Recent Job Growth  Unlock1.6%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$43,103$69,021
 Family Median Income$112,397  Unlock$85,028
 space
 Est. Households By Income
 Wake Forest, NCMorganton, NCUnited States
 Income Less Than 15K  Unlock13.8%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock15.4%8.1%
 Income between 30K and 40K4.9%  Unlock8.0%
 Income between 40K and 50K  Unlock12.1%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock7.4%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock10.2%16.3%
 Income between 150K and 200K16.7%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
 space1
 Population By Occupation
 Wake Forest, NCMorganton, NCUnited States
 Management, business, finance28.8%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock0.4%1.2%
 Education, library7.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology8.0%  Unlock6.2%
 Healthcare support  Unlock5.5%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock11.1%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock1.7%2.6%
 Sales, office, administrative support18.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair3.7%  Unlock8.1%
 Production, transportation, material moving  Unlock24.0%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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Wake Forest

Reviews for Morganton    4 Reviews

We moved to Morganton in 2014 and love this town/area. The natural beauty in the Catawba Valley is astounding. Mountains, rivers, and beautiful trees are everywhere. The  More

   |    Reply

Over 10 years ago

Will be transplanting from the suburbs of Philadelphia and have visited Morganton on our way to Asheville/Hendersonville. It is close to take in what Asheville has to  More

   |    Reply

Over 11 years ago

It is the best place for schools. cost of living is great. Homes are cheap and affordable. Crime is very low. Recommend moving to Morganton NC  More

   |    Reply

Start Your Review of Morganton


Learn More About Wake Forest, North Carolina
Overview
Cost of Living
Job Market
Crime
Climate
Economy
Religion
Voting
Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.