Wake Forest, a city located in the state of North Carolina (NC), is home to a population of approximately 48,047 people. Wake Forest boasts a median age of 39, with around 16.9% of its residents aged 60 or above. 7.6% of the population identifies as US Veterans. 9.2% of Wake Forest residents are disabled. The city has an average household income of $115,159, while the unemployment rate stands at 4.3%, and around 3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Wake Forest is $397,991, with a monthly rent averaging $1,354.