Wake Forest, VA
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Wake Forest, VA: Quick Facts & Overview
- Population: 48,541 residents (64 people per sq. mi.)
- Average House Price: $444,866
- Average Household Income: $67,675
Wake Forest, VA is located in the state of Virginia. It is home to about 48,541 people, with around 64 residents living in every square mile.
If you want to buy a house in Wake Forest, the average price is around $444,866. That makes local housing 29% higher than the Virginia average of $344,811, and 44% higher than the national average of $308,592.
The average household in Wake Forest earns about $67,675 a year. This income is 21% lower than the average family in Virginia ($85,511), and 14% lower than the national average ($78,686).
Population
48,541
Median Household Income
$67,675
Median Home Value
$444,866
Median Age
27.1 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $33,736 |
| Labor Force Participation | 54.9% |
| Unemployment Rate | 2.8% |
| Average Commute Time | 16.5 mins |
Housing & Community Metrics
| Home Ownership Rate | 43.4% |
| Median Rent | $1,314 |
| Rent Burdened (>30% Income) | 52.4% |
| Total Housing Units | 19,143 |
Additional Census & Housing Profile
Geographic Overview
| County | Montgomery |
| County FIPS | 51121 |
| Metro Area (CBSA) | Blacksburg-Christiansburg-Radford, VA |
| Population Density | 63.8/sq mi |
| Coordinates (lat/lng) | 37.2215, -80.5720 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.89 |
| Dual Income Families | 53.4% |
Marital Status
| Married | 34.9% |
| Never Married | 55.4% |
| Divorced | 6.7% |
| Widowed | 3.1% |
Gender
| Male | 53.1% |
| Female | 46.9% |
Health & Poverty
| Uninsured Rate (Health) | 4.8% |
| Poverty Rate | 33.6% |
Key Population Groups
| Veterans | 2.8% |
| Disabled Population | 7.6% |
| Limited English Proficiency | 1.4% |
All ZIP Codes in Wake Forest
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 24060 | 48,541 | $67,675 | $444,866 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Belspring, VA | 2.8 miles | 152 |
| Parrott, VA | 2.9 miles | 401 |
| Prices Fork, VA | 4.9 miles | 900 |
| Belview, VA | 5 miles | 990 |
| Fairlawn, VA | 5.2 miles | 2,488 |
| Eggleston, VA | 5.3 miles | 117 |
| New River, VA | 5.7 miles | 268 |
| Radford, VA | 6.9 miles | 16,726 |
| Plum Creek, VA | 7.5 miles | 1,068 |
| Pembroke, VA | 7.8 miles | 996 |
| Blacksburg, VA | 7.9 miles | 70,313 |
| Merrimac, VA | 8.4 miles | 2,733 |
| Ripplemead, VA | 10.3 miles | 294 |
| Dublin, VA | 10.5 miles | 2,671 |
| Christiansburg, VA | 10.8 miles | 22,720 |
| Pearisburg, VA | 11.3 miles | 2,860 |
| Riner, VA | 12.9 miles | 1,038 |
| Narrows, VA | 15.1 miles | 1,935 |
| Pulaski, VA | 15.7 miles | 8,893 |
| Peterstown, WV | 17.3 miles | 594 |
| Rich Creek, VA | 17.6 miles | 776 |
| Draper, VA | 17.7 miles | 348 |
| Shawsville, VA | 17.9 miles | 1,411 |
| Elliston, VA | 19.1 miles | 952 |
| Lafayette, VA | 20.2 miles | 628 |
| Oakvale, WV | 23.2 miles | 254 |
| Glenvar, VA | 24.8 miles | 829 |
| Union, WV | 25.5 miles | 476 |
| Floyd, VA | 25.6 miles | 479 |
| Max Meadows, VA | 27.5 miles | 599 |
| Athens, WV | 28 miles | 1,494 |
| Fort Chiswell, VA | 28.6 miles | 821 |
| Salem, VA | 28.8 miles | 25,618 |
| Princeton, WV | 30.6 miles | 5,736 |
| Cave Spring, VA | 31.1 miles | 25,742 |
| Bland, VA | 31.1 miles | 564 |
| New Castle, VA | 31.8 miles | 138 |
| Bastian, VA | 32.3 miles | 374 |
| Hillsville, VA | 33.1 miles | 2,864 |
| Roanoke, VA | 34 miles | 218,060 |
| Wytheville, VA | 34 miles | 8,202 |
| Ivanhoe, VA | 34.1 miles | 540 |
| Meadows of Dan, VA | 34.7 miles | 134 |
| Boones Mill, VA | 34.9 miles | 228 |
| Hollins, VA | 35 miles | 17,097 |
| Hinton, WV | 35.1 miles | 2,086 |
| Alderson, WV | 35.2 miles | 1,383 |
| Bluefield, WV | 35.4 miles | 9,387 |
| Ferrum, VA | 36.7 miles | 1,774 |
| Ronceverte, WV | 37 miles | 1,419 |
| Lashmeet, WV | 37 miles | 655 |
| Brush Fork, WV | 37.2 miles | 1,096 |
| Vinton, VA | 37.8 miles | 8,056 |
| Cloverdale, VA | 37.8 miles | 3,208 |
| Bluewell, WV | 38.3 miles | 1,992 |
| Fancy Gap, VA | 38.3 miles | 214 |
| Montcalm, WV | 38.4 miles | 484 |
| Daleville, VA | 38.6 miles | 3,797 |
| Bluefield, VA | 38.7 miles | 4,979 |
| Fairlea, WV | 38.8 miles | 1,312 |
| Ghent, WV | 40.3 miles | 290 |
| Troutville, VA | 40.5 miles | 475 |
| Rocky Mount, VA | 40.7 miles | 4,950 |
| Laymantown, VA | 40.7 miles | 1,626 |
| Hilltown, VA | 40.9 miles | 302 |
| Stevens Creek, VA | 41.1 miles | 148 |
| Lewisburg, WV | 41.3 miles | 3,835 |
| Bramwell, WV | 41.4 miles | 135 |
| Fries, VA | 41.5 miles | 330 |
| Henry Fork, VA | 42.4 miles | 805 |
| White Sulphur Springs, WV | 42.5 miles | 2,549 |
| Blue Ridge, VA | 42.7 miles | 2,800 |
| Pocahontas, VA | 42.8 miles | 234 |
| Galax, VA | 42.9 miles | 6,726 |
| Fincastle, VA | 42.9 miles | 858 |
| Stewartsville, VA | 43.1 miles | 737 |
| Stuart, VA | 43.5 miles | 1,952 |
| Shady Spring, WV | 43.8 miles | 3,381 |
| Crumpler, WV | 44.1 miles | 351 |
| Cana, VA | 44.5 miles | 964 |
| Boissevain, VA | 44.6 miles | 830 |
| Rural Retreat, VA | 44.7 miles | 1,644 |
| Bassett, VA | 45.3 miles | 1,031 |
| Patrick Springs, VA | 45.5 miles | 2,223 |
| Springville, VA | 45.6 miles | 841 |
| Oak Level, VA | 45.7 miles | 563 |
| Daniels, WV | 46.2 miles | 1,489 |
| Meadow Bridge, WV | 46.9 miles | 504 |
| Gratton, VA | 47.1 miles | 841 |
| Stanleytown, VA | 47.2 miles | 1,386 |
| Coal City, WV | 47.4 miles | 724 |
| Beaver, WV | 47.6 miles | 695 |
| Montvale, VA | 47.9 miles | 351 |
| Westlake Corner, VA | 48.1 miles | 2,033 |
| Baywood, VA | 48.2 miles | 681 |
| Rhodell, WV | 48.3 miles | 137 |
| Anawalt, WV | 48.4 miles | 109 |
| Callaghan, VA | 48.6 miles | 198 |
| Northfork, WV | 49 miles | 169 |
| Abbs Valley, VA | 49 miles | 124 |