Last updated: 2024 BLS data · Page refreshed:
Wake has a population of 5,867 with a median age of 38.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,867 |
| Median Age | 38.3 |
| White | 62.4% |
| Black or African American | 28.3% |
| Asian | 2.3% |
| Hispanic or Latino | 8.7% |
The median household income in Wake is $71,574, which is 11.2% below the national median of $80,610. The per capita income is $32,431. The poverty rate is 14.3%.
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In Wake, 92.9% of residents age 25+ have a high school diploma or higher, and 25.2% hold a bachelor's degree or higher (9.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.9% |
| Bachelor's Degree or Higher | 25.2% |
| Graduate or Professional Degree | 9.8% |
The median home value in Wake is $186,000, below the national median of $303,400. The median monthly rent is $989. The homeownership rate is 52.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $186,000 |
| Median Monthly Rent | $989 |
| Homeownership Rate | 52.2% |
| Vacancy Rate | 8.6% |
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