3.0% of Wake Forest, NC residents had an income below the poverty level in 2022, which was 322.4% less than the poverty level of 12.8% across the entire state of North Carolina. 2.5% of high school graduates and 12.0% of non high school graduates live in poverty. The poverty rate was 5.9% among disabled residents. The renting rate among poor residents was 45.4%. For comparison, it was 19.4% among residents with income above the poverty level.
Poverty rates in Wake Forest, NC
Residents with income below the poverty level in 2022:
Wake Forest:
3.0%
Whole state:
12.8%
Residents with income below 50% of the poverty level in 2022:
Wake Forest:
1.3%
Whole state:
6.0%
Poverty rate among disabled residents:
Wake Forest:
5.9%
North Carolina:
20.4%
Disability rate in this town among poor residents (it is 9.0% among residents who are not classified as poor):
Wake Forest:
18.2%
North Carolina:
22.0%
Renting rate in this town among poor and not poor residents:
Residents below poverty level:
45.4%
Residents above poverty level:
19.4%
Poverty by age in Wake Forest, NC
Breakdown by age of poor male residents in Wake Forest,NC (percentage below poverty level)
1.4%Under 5 years
0.0%5 years
3.1%6 to 11 years
2.0%12 to 14 years
6.0%15 years
2.2%16 and 17 years
8.4%18 to 24 years
1.9%25 to 34 years
2.3%35 to 44 years
1.1%45 to 54 years
3.8%55 to 64 years
0.1%65 to 74 years
1.8%75 years and over
Breakdown by age of poor female residents in Wake Forest,NC (percentage below poverty level)
1.0%Under 5 years
0.0%5 years
1.9%6 to 11 years
5.1%12 to 14 years
0.0%15 years
3.6%16 and 17 years
3.7%18 to 24 years
3.9%25 to 34 years
2.5%35 to 44 years
1.5%45 to 54 years
3.0%55 to 64 years
3.2%65 to 74 years
6.2%75 years and over
Breakdown by age of very poor residents in Wake Forest,NC (% below half of poverty level)
0.8%Under 6 years
1.6%6 to 11 years
3.2%12 to 17 years
1.1%18 to 24 years
2.7%25 to 34 years
1.2%35 to 44 years
0.0%45 to 54 years
1.4%55 to 64 years
0.4%65 to 74 years
1.1%75 years and over
Poverty by race and place of birth in Wake Forest, NC
Breakdown of poor residents within races in Wake Forest, NC (%)
2.3%White
2.1%Black
0.0%American Indian
7.0%Asian
10.9%Other race
0.5%2+ races
8.2%Hispanic
Breakdown of poor residents within races in Wake Forest, NC (absolute numbers)
758White
187Black
0American Indian
86Asian
172Other race
222+ races
317Hispanic
2.5%Below poverty level
97.5%Above poverty level
5.8%Below poverty level
94.2%Above poverty level
Poverty in families in Wake Forest, NC
Children below poverty level:
Wake Forest, North Carolina:
1.9%
State:
16.9%
Poverty rate among high school graduates:
Wake Forest:
2.5%
North Carolina:
8.9%
Poverty rate among people who did not graduate high school:
Wake Forest:
12.0%
North Carolina:
26.6%
59.7%Married-couple family
1.7%Male, no wife present
38.5%Female, no husband present
3.6%Worked full-time, year-round
42.7%Worked part-time
53.7%Did not work
0.0%Both worked full-time
0.0%One full-time, other part-time
0.0%One full-time, other didn't work
24.6%Both worked part-time
40.5%One part-time, other didn't work
34.9%Both didn't work
Other data
Owners below poverty level
5.3%1999 to 2000
10.5%1995 to 1998
10.5%1990 to 1994
6.6%1980 to 1989
15.8%1970 to 1979
15.8%1960 to 1969
7.9%1950 to 1959
7.9%1940 to 1949
19.7%1939 or earlier
Owners above poverty level
12.0%1999 to 2000
34.9%1995 to 1998
15.2%1990 to 1994
14.3%1980 to 1989
7.1%1970 to 1979
4.2%1960 to 1969
4.3%1950 to 1959
2.1%1940 to 1949
5.9%1939 or earlier
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