INCOME Like Wake County and North Carolina, Wake Forest’s
Change in Household Income Percent Composition (2010-2018)
higher-income households have grown over the last eight years while lower-income households have decreased. Wake Forest’s largest household income group is the $150,000 and over group, followed by the $100,000 to $149,000 group. Wake Forest, Wake County, and North Carolina each show similar trends, highlighting a higher-income population that is growing, and simultaneously, a shrinking lower-income population. This could indicate an increase in higher paying jobs in the area for existing workers and/ or new residents moving in with higher incomes.
≥$150,000
$100,000-$149,999
$75,000-$99,999
$50,000-$74,999
$35,000 - $49,999
$25,000-$34,999
≤$24,999
-8% -5% -3% 0.0% 3% 5% 8% 10% Percent Change Wake Forest Wake County North Carolina
Household Income Wake Forest (2018)
25%
22% 22%
20%
17%
14%
15%
10%
10%
10%
5%
5%
0%
Income
16
COMMUNITY PLAN | TOWN OF WAKE FOREST
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