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Wake Forest, North Carolina Economy Profile

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 Wake Forest, North Carolina United States
StateNorth Carolina
CityWake Forest
Total population12,588 281,421,906
Male6,024138,053,563
Female6,564143,368,343
Median age (years)31.535.3
Total households4,617105,480,101
Median household income (dollars)52,30741,994

Wake Forest, North Carolina Economy

71.51% of population 16 years and over is in the active work force in Wake Forest, North Carolina. Among them 33.15% are females aged 16 and over. Eighty-two point three seven percent of Wake Forest, North Carolina workers 16 years and over commute to work by car, truck, or van - drive alone. 0.22% use public transportation (including taxicab). Three point three five percent of Wake Forest, North Carolina residents work at home.

The total population of Wake Forest, North Carolina is twelve thousand, five hundred and eighty-eight people. The median household income in Wake Forest, North Carolina is $52,307. Management, professional, and related occupations make up 46.76% of all occupations. 7.46% of Wake Forest, North Carolina population is involved into construction, extraction, and maintenance occupations. 26.65% of population are in sales and office occupations. Production, transportation, and material moving occupations account for 8.18% of occupations.

13.82% of families in Wake Forest, North Carolina have an income from $35,000 to $49,999. 0.0 of families are below poverty level. Wake Forest, North Carolina median household income is $52,307. On an average, male full-time, year-round workers, receive forty-five thousand, six hundred and thirty dollars, female full-time, year-round workers, are paid thirty thousand, two hundred and five dollars.

 Wake Forest, North Carolina %, Wake Forest, North Carolina United States
Population 16 years and over9,143  217,168,077
In labor force6,538 71.51%63.92%
- Civilian labor force6,532 71.44%63.39%
- - Employed6,382 69.8%59.73%
- - Unemployed150 1.64%3.66%
- - - Percent of civilian labor force2.3  5.8
- Armed Forces6 0.07%0.53%
Not in labor force2,605 28.49%36.08%
 
Females 16 years and over4,810 52.61%51.66%
In labor force3,031 33.15%29.72%
- Civilian labor force3,031 33.15%29.65%
- - Employed2,957 32.34%27.92%
 
Own children under 6 years1,410 15.42%10.05%
All parents in family in labor force776  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over6,275  128,279,228
Car, truck, or van -- drove alone5,169 82.37%75.7%
Car, truck, or van -- carpooled736 11.73%12.19%
Public transportation (including taxicab)14 0.22%4.73%
Walked79 1.26%2.93%
Other means67 1.07%1.19%
Worked at home210 3.35%3.26%
Mean travel time to work (minutes)30.7 0.49%25.5
 
Employed civilian population 16 years and over6,382  129,721,512
 
OCCUPATION
Management, professional, and related occupations2,984 46.76%33.65%
Service occupations692 10.84%14.86%
Sales and office occupations1,701 26.65%26.69%
Farming, fishing, and forestry occupations7 0.11%0.73%
Construction, extraction, and maintenance occupations476 7.46%9.45%
Production, transportation, and material moving occupations522 8.18%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining22 0.34%1.87%
Construction405 6.35%6.78%
Manufacturing893 13.99%14.1%
Wholesale trade212 3.32%3.6%
Retail trade700 10.97%11.73%
Transportation and warehousing, and utilities251 3.93%5.2%
Information308 4.83%3.08%
Finance, insurance, real estate, and rental and leasing462 7.24%6.89%
Professional, scientific, management, administrative, and waste management services835 13.08%9.3%
Educational, health and social services1,307 20.48%19.92%
Arts, entertainment, recreation, accommodation and food services364 5.7%7.87%
Other services (except public administration)357 5.59%4.87%
Public administration266 4.17%4.79%
 
CLASS OF WORKER
Private wage and salary workers5,353 83.88%78.47%
Government workers773 12.11%14.59%
Self-employed workers in own not incorporated business254 3.98%6.63%
Unpaid family workers2 0.03%0.31%
 Wake Forest, North Carolina %, Wake Forest, North Carolina United States
INCOME IN 1999
Households4,616  105,539,122
Less than $10,000301 6.52%9.54%
$10,000 to $14,999225 4.87%6.31%
$15,000 to $24,999435 9.42%12.83%
$25,000 to $34,999499 10.81%12.81%
$35,000 to $49,999693 15.01%16.53%
$50,000 to $74,9991,133 24.55%19.46%
$75,000 to $99,999719 15.58%10.23%
$100,000 to $149,999437 9.47%7.72%
$150,000 to $199,999100 2.17%2.2%
$200,000 or more74 1.6%2.37%
Median household income (dollars)52,307  41,994
With earnings4,067 44.48%39.12%
- Mean earnings (dollars)61,212  56,604
With Social Security income707 7.73%12.47%
- Mean Social Security income (dollars)11,165  11,320
With Supplemental Security Income105 1.15%2.13%
- Mean Supplemental Security Income (dollars)6,656  6,320
With public assistance income86 0.94%1.67%
- Mean public assistance income (dollars)2,767  3,032
With retirement income579 6.33%8.13%
- Mean retirement income (dollars)16,918  17,376
 
Families3,386  72,261,780
Less than $10,000114 3.37%5.75%
$10,000 to $14,999124 3.66%4.31%
$15,000 to $24,999285 8.42%10.74%
$25,000 to $34,999322 9.51%12.02%
$35,000 to $49,999468 13.82%17.13%
$50,000 to $74,999882 26.05%22.32%
$75,000 to $99,999646 19.08%12.47%
$100,000 to $149,999397 11.72%9.6%
$150,000 to $199,99981 2.39%2.75%
$200,000 or more67 1.98%2.92%
Median family income (dollars)60,408  50,046
 
Per capita income (dollars)22,746  21,587
Median earnings (dollars):
Male full-time, year-round workers45,630  37,057
Female full-time, year-round workers30,205  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families213  6,620,945
With related children under 18 years179 84.04%77.87%
- With related children under 5 years94 44.13%38.7%
 
Families with female householder, no husband present85  3,315,916
With related children under 18 years83 97.65%88.68%
- With related children under 5 years31 36.47%42.27%
 
Individuals1,079  33,899,812
18 years and over685 63.48%65.35%
- 65 years and over131 12.14%9.7%
Related children under 18 years388 35.96%33.59%
- Related children 5 to 17 years259 24.0%23.52%
Unrelated individuals 15 years and over323 29.94%31.63%
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The data is taken from www.census.gov reports.