Businesses for Sale | Wake Forest, North Carolina
Discover business opportunities, in or around Wake Forest, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Wake Forest, located in The Tar Heel State had a total population of 48,307 people.
City Statistics and Other Information About Wake Forest
Demographics
From a total population of 48,307, Wake Forest has a median age of 39. The average age of males, in Wake Forest, is 38 while the average age of females is 40. When you compare the median age of men and women in Wake Forest, there is an average difference of 2.28 years.
Income
The median income of individuals, in Wake Forest, is $59,715 while the average household income is $119,566. In 2029, the average income per capita for Wake Forest is expected to be $59,715.
Additional Information
27587 - 27588Wake County
Is Wake Forest the Best Location for Franchise Opportunities and Growth?
What is the average income in Wake Forest?
The median household income in Wake Forest is $119,566, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Wake Forest an affordable place to start a franchise?
With a median income of $119,566, Wake Forest presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Wake Forest's income compare to other locations?
The median income of $119,566 in Wake Forest is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Wake Forest have a stable workforce to support my business?
Absolutely! With 13,352 employed individuals, Wake Forest offers a solid labor force to support franchise growth.
Is Wake Forest a growing economy?
With a workforce of 13,352 and a median household income of $119,566, Wake Forest provides a stable economic environment for new business opportunities.
Does homeownership in Wake Forest indicate a stable market?
Homeownership rates at 13,229 show a strong local investment in the community, which benefits long-term franchise success.
