Wake Forest : North carolina

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What it's Like to Retire in Wake Forest

Wake Forest is a very fast growing (up way over 100% since 2000) town of 33,000 near Raleigh, NC.  Wake Forest University was started here, but moved from here to Winston-Salem in 1956. 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. Photo of Southeastern Baptist Theological Seminary courtesy of Wikipedia and Ildar Sagdejev.

 

Where to Retire in Wake Forest and Home Prices

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 Wake Forest. The median selling price in Wake Forest was $279,950 in early 2015. 

 

What is special about Wake Forest

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.
 

What is not special about Wake Forest

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

Who will like retirement in Wake Forest

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.
 

Local economy is driven by

High tech and service jobs prevail in Wake Forest.
 

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".
 

Restaurants & Cultural Scene

Wake Forest has a library. It is also close (12 miles) to the cultural attractions of Raleigh and nearby Durham and Chapel Hill. The DuBois Center is listed on the National Register of Historic Places.

 

Crime

The crime rate in Wake Forest is about half the national average.

 

Medical facilities

Raleigh Community Hospital in nearby Raleigh serves Wake Forest.
 

Transportation

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

Valuable Links

Wikipedia page for Wake Forest
North Carolina retirement guide
 

What people are saying about Wake Forest

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Facts about WAKE FOREST
  • State: NC
  • Environment: Suburban,Small-mid Sized City,
  • City Population: 25,001-50,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 21-40
  • Avg July Temperature: 60-80
  • Median HH Income: 60,001-80,000
  • Average Home Price (MLS): $200,001-$300,000
  • Annual Property Tax on a $200,000 house: 2000-4000
  • Total Crime Index: 81-90 (low)
  • Cost of Living Index: 111-120 (high)
  • Culture Index: 101-110 (slightly above average)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: boomer1

Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts

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