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Demographics
Population
Median Income
Racial Distributions
Zip code 27587 in Wake Forest, North Carolina, is classified as a White Majority community with moderate diversity as of 2022. The white population constitutes 70% of the total, while other racial groups have notable representation. The area has experienced consistent population growth and maintains a high median income of $104,788.
Wake Forest has transitioned from a Low Diversity community to one with Moderate Diversity over the past decade. In 2013, the white population made up 78% of the total, near the Low Diversity category. By 2022, this percentage decreased to 70%, indicating a gradual diversification.
The most significant demographic shifts include an increase in the Black population from 12% in 2013 to 16% in 2022, growth in the Hispanic population from 5% to 7%, a rise in the Asian population from 1% to 2%, and an increase in individuals identifying as two or more races from 1% to 4%. These changes suggest that Wake Forest is becoming a Transitional Community, moving towards greater racial diversity.
The demographic shifts correlate with an upward trend in median income. From 2013 to 2022, the median income increased from $92,022 to $104,788, an overall growth of about 14%. The population has grown significantly, from 57,958 in 2013 to 83,404 in 2022, an increase of about 44%.
The trends observed in Wake Forest align with broader national patterns of increasing diversity in suburban areas. Wake Forest's median income remains significantly higher than the national median, suggesting that it is a particularly affluent area attracting high-income residents from diverse backgrounds.
The community's evolution from Low Diversity to Moderate Diversity while maintaining a White Majority status is typical of many growing suburban areas, especially those near major metropolitan centers. The steady increase in minority populations, particularly Black and Hispanic residents, reflects national trends of suburban diversification.
Wake Forest (zip code 27587) exemplifies a Transitional Community that is gradually moving from low to moderate diversity while maintaining strong economic growth. This evolution suggests a dynamic local economy capable of attracting a diverse population, potentially leading to a more inclusive and multicultural community in the coming years.