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Wake Forest, North Carolina

town · Wake County (primary) , Franklin County

At a glance

52,844
Population
$474,500
Median home value
56% above U.S. median
$1,596/mo
Median rent
18% above U.S. median
$123,802
Median household income
58% above U.S. median
30.9 min
Average commute
97.8%
Homes with broadband
4%
Unemployment

Living here

Colleges in town:
Nearest 4-year college0 mi
Nearest community college11 mi
Nearest technical college10 mi
High school graduates96.4%
College graduates59.5%

Doing business here

Economic development contacts, most local first:

city Wake Forest Chamber of Commerce
The Wake Forest Business and Industry Partnership (WFBIP) is a 501(c)3 nonprofit corporation promoting Wake Forest as a destination for business and industry through economic development activities which expand the tax base, increase job opportunities, and foster positive economic impact on our community.
city Wake Forest Economic Development
The page is part of the Town of Wake Forest, NC government site and lists Economic Development as a department among other Town departments. No specific services or programs are described on this page.
county Franklin County Eco Dev Com
Franklin County Economic Development is the county department focused on positioning Franklin County as a premier destination to live, work, and thrive. It aims to retain existing businesses, attract new investment, create higher-wage jobs, diversify the tax base, and provide a full range of business support services including site selection, workforce training, and permitting.
county Wake County  Economic Dev
Providing economic development support for Wake Counties 12 municipalities. As a program of the Greater Raleigh Chamber of Commerce , the organization proactively creates an environment in which Wake County can grow and thrive, resulting in new jobs and capital investment, through business recruitment, retention and expansion; marketing and public relations; talent recruitment and retention; and support of entrepreneurship.
region Research Triangle Region Partners
The Research Triangle Regional Partnership is an economic development organization sustained by 13 core counties in Central North Carolina. It serves as a connector between businesses looking to expand or relocate and the economic development offices, government agencies, and business organizations that support private sector growth.
state Blue Ridge Electric Membership Corporation
A locally owned electric cooperative serving members in North Carolina, governed by a member-elected board.
state Electricities of North Carolina
ElectriCities is an association for municipally owned utilities in North Carolina, South Carolina, and Virginia, providing member services and resources to support economic development.
state North Carolina Dept of Commerce
NC Commerce provides a variety of solutions for connecting businesses with the talent, infrastructure and incentives they need to thrive in our state. It helps companies find success and communities attract jobs and improve their local economies.
state North Carolina Economic Development Association
NCEDA serves as the voice for North Carolina’s economic development community – providing professional development, networking opportunities and advocacy to secure the state’s economic future. Our members include professional economic developers at the local, regional and state levels, as well as professionals in allied fields.
state North Carolina Rural Economic Development Center
A nonprofit organization dedicated to investing in rural people, communities, and potential to help rural North Carolina thrive.
state North Carolina State Ports Authority
North Carolina State Ports Authority is an enterprise agency of the NC Department of Transportation. It keeps cargo and business moving, operating the Port of Wilmington, Port of Morehead City, and inland port facilities to support commerce.
state North Carolina's Electric Cooperatives
North Carolina's Electric Cooperatives is a nonprofit association comprising 26 local electric cooperatives serving more than 2.8 million people in 93 of North Carolina’s 100 counties. It aims to support its member cooperatives and communities through economic development and community outreach.
state Progress Energy Economic Development
Duke Energy is a Fortune 150 energy company headquartered in Charlotte, NC. Its electric utilities serve 8.7 million customers across North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky. Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
state Tennessee Valley Authority Sites & Buildings
TVA Economic Development provides programs and services designed to spark job creation, encourage investment, and boost wages across TVA’s seven-state region, offering site selection services at no cost and partnering with local power companies to attract and retain businesses.
State sales taxYes
State income taxYes
Right-to-work stateYes

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