Town grew by 3,000 in 2023, now 58,007
“Between 2023 and 2024, Wake Forest’s population soared from 55,000 residents to over 58,000, reinforcing its position as one of the fastest-growing municipalities in North Carolina. This growth trend is not new to Wake Forest, with a remarkable population increase of 307% from 2000 to 2024. With a population of 118,912 projected for 2040, the trajectory of growth in Wake Forest continues to solidify its status as a thriving community.” Source: Office of State Budget and Management, US Census and Wake Forest Planning Department Jason Cannon, the director of the Wake Forest Business & Industry Partnership, Inc., publishes a quarterly online magazine, Discover, and this was in the March issue. A graph shows the one-year growth from 54,274 to 58,007 as well as an estimated population of 68,315 four years from now in 2028 and possible 118,912 people in 2040. Household incomes also have been increasing. “Median household incomes in