Wake forest : North carolina

What Wake Forest is like for active adults

Wake Forest is a very fast growing (up over 100% since 2000) town of 27,000 near Raleigh, NC. Wake Forest University was started here, but moved from here to Winston-Salem in 1956 (The Feb 10, 2010 Topretirements eNewsletter erroneously stated the University was still in Wake Forest). The Southeastern Baptist Theological Seminary is located in Wake Forest. The town is near enough to the Research Triangle that high tech computer jobs are very important to the economy.

Where to Live
Retirees make up a large percentage of the people moving here. They can live in town or in one of the many active adult communities in the Wake Forest area (see link to Active Adult Communities at top right).

Real Estate Prices
Real estate prices have been very stable in Raleigh. The median selling price in Wake Forest had recovered to $250,000 by late 2009 (City-Data.com). Zillow suggests median sales prices were slightly lower than that. Photo of Southeastern Baptist Theological Seminary courtesy of Wikipedia and Ildar Sagdejev.

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What is special about this retirement community

Crime is very low in Wake Forest. The W.E.B. DuBois School opened in 1926 for the African-American community in Wake Forest, but has since been turned into a community center. Falls Lake State Recreation Area is a park contains the 12,000-acre Falls Lake plus additional woodlands. Wake Forest is a very fast growing suburb.

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What is not special about this retirement community

The town is growing so fast it could become a problem.

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What kinds of people like retiring here

Folks who would like to be near the Raleigh/Chapel Hill/Durham area of North Carolina will like Wake Forest. The winters are relatively mild.

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Local economy is driven by

High tech and service jobs prevail in Wake Forest.

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Climate and Physical Environment

Wake Forest is located in north central North Carolina, 12 miles from Raleigh. The average July high is 90 and the average January low is 25. August is the rainiest month with over 5".

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Cultural environment

Wake Forest has a library. It is also close (12 miles) to the cultural attractions of Raleigh and nearby Durham and Chapel Hill.

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Medical facilities

Raleigh Community Hospital in nearby Raleigh serves Wake Forest.

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Transportation

Raleigh Airport is nearby. Although traffic is building in Wake Forest some observers say it is more tolerable than in surrounding towns.

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Valuable Links

Wikipedia page for Wake Forest
North Carolina retirement guide

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Facts about WAKE FOREST

State: NC
Environment: Suburban,
City Population: 25,001-50,000
Median age of Population: 25-44
Avg Jan Temperature: 21-40
Median HH Income: 41,001-60,000
Average Home Price (MLS): $200,001-$300,000
Annual Property Tax on a $200,000 house: Less than 2000
Total Crime Index: 81-90 (low)
Cost of Living Index: 101-110 (slightly above average)
Culture Index: 101-110 (slightly above average)
State Sales Tax: Yes
State Income Tax: Yes
Name of the Guide: boomer1

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