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Wake Forest North Carolina Real Estate By Jennifer Hershey

Wake Forest North Carolina Real Estate

Wake Forest, North Carolina, is located in Wake County, 12 miles NE of Raleigh, North Carolina and 140 miles E of Charlotte, North Carolina. Wake Forest has a population of 12,588.

Wake Forest Homes

Wake Forest properties pool is 4,622 residential properties including Wake Forest new homes. Median age of real estate in Wake Forest is 1993. Average Household size is 3.11 people. 1% are one bedroom homes, 10% are 2 bedroom homes, 61% are 3 bedroom homes, 25% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Wake Forest Mortgage Statistics

Wake Forest mortgages vs. USA median statistics

Homes Wake Forest USA
Homes With No Mortgage 14%
30%
Homes With Mortgage 86%
70%
First Mortgage Only 64%
54%
First & Second Mortgage or HELOC 22%
16%

Wake Forest Area Real Estate Tax

Wake Forest Real estate Tax: Median Real Estate Taxes (2000) were $1,313 comparing to 1999 Median Family income $ 60,408. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Wake Forest School District: Children make up 29.7% of Wake Forest population. Wake Forest has 3,736 under 18 years old residents, or 0.6 kids per one worker, or 0.81 kids per one household.

Wake Forest Real Estate & Wake Forest Homeownership

There are 970.62 or 21% one person households, 1571.48 or 34% two person households, and 878.18 or 19% three person households in Wake Forest, North Carolina. Median residents age is 31.5, Senior citizens (65+) make up 994 or 7.9%% of Wake Forest population.

There are 6,275 workers (over 16 years of age) in Wake Forest. Of these, 94.1% drive to work. Approximately 0.22% of workers in Wake Forest take public transportation. An estimated 1.26% walk to work.

Median Wake Forest homeowner's housing expences are 22%

Crime in Wake Forest (2003), crimes per 10,000 residents per year

Type of Crime Wake Forest USA, 2003
Violent Crimes
27.01
47.5
Robberies
7.15
14.2
Aggravated Assaults
17.48
29.5
Property Crimes
436.92
358.8
Burglaries
102.48
74.0
Larceny-Thefts
317.76
241.5
Motor Vehicle Thefts
16.68
43.3

Invest in Wake Forest Properties

When making a decision about buying real estate in Wake Forest North Carolina area, you should consider following statistical data:

Category Wake Forest USA
Near Medium City
Raleigh, North Carolina
-
Near Large City
Charlotte, North Carolina
-
Wake Forest Zip Codes
27587
-
Wake Forest Area Codes
919
-
White population
79.63%
75.1%
African-American population
15.78%
12.3%
Asian
2.03%
3.6%
American Indian & Alaskan
0.21%
0.9%
Hispanic (of any race)
2.08%
12.5%
Median Family Income (1999)
$ 60,408%
$42,000
Population Below Poverty Level
8.57%
12.4%

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