WAKE FOREST: OVERVIEW

Well-known for its small-town charm, Wake Forest offers residents a variety of amenities, excellent schools, a vibrant culture, and a thriving art scene. This fast-growing area is attractive to young professionals, families, and retirees looking for a great place to spend their golden years.

Before you start planning your move to Wake Forest, take a look at some of the most important things you need to know about living here.

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WAKE FOREST WEATHER

The Wake Forest area has a mild, temperate climate where it rarely snows. However, the area is very wet all year round, receiving an average of 46 inches of rain per year. Summers are typically hot and muggy and winters are cold, but short. Average summer highs are around 88°F and average winter lows are around 32°F.

If you enjoy outdoor activities, your favorite time of the year in Wake Forest will likely be the months of April, May, and October, as these months tend to have the most pleasant weather.

WAKE FOREST SCHOOLS

The top-rated public schools in Wake County include:There are currently a total of 37 schools serving Wake Forest residents. This includes 9 public district schools, 4 public charter schools, and 24 private schools. Some of the top-rated public schools include:The top-rated public schools in Wake County include:

  • Franklin Academy (K-12)
  • Wake Forest Charter Academy (K-8)
  • Envision Science Academy (K-8)
  • Heritage Middle (6-8)
  • Endeavor Charter School (K-8)

There are also many great colleges and universities near Wake Forest. This includes Duke University (Durham), UNC at Chapel Hill, North Carolina State University at Raleigh, and Meredith College (Raleigh), as well as Living Arts College (Raleigh), and Miller Motte College Raleigh.

AVERAGE PROPERTY VALUE IN WAKE FOREST

If you’re thinking about buying a home in Wake Forest, you need to know that the housing market here is considered somewhat competitive. In January 2023, the median sale price for homes in Wake Forest was $517,500, a 5.6% year-over-year increase.

Some homes here get multiple offers and hot homes tend to go pending in about 28 days. Average homes tend to stay on the market for about 54 days and sell for around 2% below the asking price.

COST OF LIVING IN WAKE FOREST

If you’re thinking about moving to Wake Forest, you may wonder how far your dollar will go here. Currently, the average cost of living in Wake Forest is about 4.69% higher than the national average. Overall, prices were up around 1.5% year-over-year, with the biggest increases being fueled by housing, food, and transportation.

The higher costs here are typically offset by higher earnings. The average household income in Wake Forest is $108,112, which is significantly higher than the U.S. average of $70,785.

WAKE FOREST DEMOGRAPHICS

With a 2023 population of 52,845, Wake Forest is the 22nd largest city in North Carolina. The population is growing at an annual rate of 3.42% and has increased by 11.02% since the 2020 census. Wake Forest spans about 18 miles, giving it a population density of 2,998 per square mile.

The median age in Wake Forest is 37.7 and 15.4% of adults are seniors. Approximately 59.81% of residents here are married and 70.1% of households own their homes.  The demographics are primarily white (73.03%), black or African American (18.4%), and two or more races (5.31%).

WAKE FOREST CRIME STATISTICS

Wake Forest is a safe place to live and raise your family. The city has received an overall crime grade of “B” from CrimeeGrade.org. It’s in the 66th percentile for crime, meaning that 34% of cities across the U.S. are considered safer.

People who live here generally say the northwest part of the city is the safest. While in the central neighborhoods, your chances of being a victim of a crime are around 1 in 22, in the northwest area, it’s as low as 1 in 89.

TRANSPORTATION IN WAKE FOREST

Not only is Wake Forest a suburb of Raleigh, but it’s also just 23 miles away from Durham and 37 miles from Chapel Hill. Many residents appreciate Wake Forest’s easy commute to Research Triangle Park, which is home to a plethora of leading tech and science companies as well as several government agencies.

The city is also located near US-1 and other interstate highways, making traveling both around Wake Forest and to other cities extremely easy. In addition, Wake Forest is just a 30-minute drive from the Raleigh Durham International Airport.

WAKE FOREST DINING, SHOPPING, AND ENTERTAINMENT

From live music to holiday parades, there’s always something fun to do in Wake Forest. The city is home to a wide variety of restaurants, coffee shops, and breweries, with choices ranging from quaint cafes to five-star dining experiences. Downtown Wake Forest is both charming and stylish, featuring art galleries, specialty shops, and more.

If you’re moving to Wake Forest with kids, you’ll definitely want to check out some of the area’s top family-friendly attractions including Marbles Kid’s Museum, the kid-friendly animal sanctuary, Winterpast Farm, and Adventure Landing, where you can play laser tag, putt-putt, and drive go-karts.

PLAN YOUR MOVE TO WAKE FOREST

Check out our full set of moving services, including:

Planning a move can be stressful, but it doesn’t have to be. If you’re considering relocating to Wake Forest, the experienced team at John’s Moving is here to help. We offer a full suite of moving services, including residential and commercial moves, packing and unpacking, and white glove delivery services. Contact us today to learn more about your options and request a free quote.