Wake Forest, North Carolina 

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Economy in Wake Forest, North Carolina

Wake Forest has an unemployment rate of 3.3%. The US average is 3.9%.

Wake Forest has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 51.6%, which is higher than the US average of 33.5%.

Tax Rates for Wake Forest
- The Sales Tax Rate for Wake Forest is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Wake Forest is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wake Forest
- The average income of a Wake Forest resident is $33,124 a year. The US average is $28,555 a year.
- The Median household income of a Wake Forest resident is $77,173 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYWake Forest, North CarolinaUnited States
  3.3%3.9%
  3.0%1.6%
  51.6%33.5%
  7.3%7.3%
  5.5%4.6%
  $35,033$31,177
  $85,155$57,652
  $101,836$70,850
  POPULATION BY OCCUPATION
  0.3%1.3%
  0.1%0.6%
  4.6%6.2%
  9.5%10.4%
  3.5%2.7%
  10.6%11.6%
  2.3%4.1%
  0.5%0.9%
  3.4%2.1%
  5.9%4.7%
  1.8%1.9%
  12.3%6.7%
  0.0%0.1%
  4.3%4.3%
  12.1%9.3%
  12.8%13.8%
  2.3%2.2%
  4.7%7.4%
  4.2%4.9%
  4.9%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Wake Forest    5 Reviews
    Is wake forest a good place to live? - 10/14/2014
    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... Read More

    Start Your Review of Wake Forest


    Loving Life In Wake Forest, NC - 7/12/2014
    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... Read More

    Great Place to Work and Live, BUT... - 10/15/2010
    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... Read More


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    MAPS OF WAKE FOREST, NORTH CAROLINA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Wake_Forest,North Carolina Map
    ZIP CODES IN WAKE FOREST, NORTH CAROLINA
    27587

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