ZIP Code Tabulation Area

27587

Wake Forest, NC · ACS 2020–2024

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Latest estimates

At a glance

U.S. Census Bureau American Community Survey 5-year estimates.

Total population
82,886
Median household income
$133,743
People below poverty
5%
Median home value
$497,800

Income

The median income of households in 27587 was $133,743. An estimated 2.3% of households had income below $10,000 a year and 30.4% had income of $200,000 or more.

Household Income in 27587 in 2020-2024

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Percent
Less than $10,000 2.3
$10,000 to $14,999 1.4
$15,000 to $24,999 3.4
$25,000 to $34,999 3.2
$35,000 to $49,999 5.1
$50,000 to $74,999 11.9
$75,000 to $99,999 10.4
$100,000 to $149,999 18.2
$150,000 to $199,999 13.9
$200,000 or more 30.4

Median Earnings for Full-Time Year-Round Workers by Sex in 27587 in 2020-2024

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Dollars
Male 98259
Female 74945

An estimated 84.8% of households received earnings. An estimated 23.2% of households received Social Security and an estimated 24.5 % of households received retirement income other than Social Security. The average income from Social Security was $30,120. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 27587 in 2020-2024

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Percent
Earnings 84.8
Social Security 23.2
Retirement income 24.5
Supplemental Security Income (SSI) 2.2
Cash public assistance income 1.1

Poverty and Participation in Government Programs

In 2020-2024, 5 % of people were in poverty. An estimated 5.5% of children under 18 were below the poverty level, compared with 3.7% of people 65 years old and over. An estimated 5% of people 18 to 64 years were below the poverty level.

Poverty Rates in 27587 in 2020-2024

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Percent
People in poverty 5
Children under 18 years below poverty 5.5
People 65 years old and over below poverty 3.7
People 18 to 64 years below poverty 5

In 2020-2024, 6.3 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 40.8% of households that received SNAP had children under 18, and 29.4% of households that received SNAP had one or more people 60 years and over. An estimated 47.2% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 27587 in 2020-2024, 95.1% had health insurance coverage and 4.9% did not have health insurance coverage. Private coverage was 83% and public coverage was 22.2%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 2.3%.


In 2020-2024, 27587 had a total population of 82,886 - 43,017 (51.9%) females and 39,869 (48.1%) males. The median age was 40.8 years. An estimated 25.6% of the population was under 18 years, 29.2% was 19 to 44 years, 29.7% was 45 to 64 years, and 13 % was 65 years and older.

Population by Age and Sex for 27587 in 2020-2024

Male Female
Under 5 2207 2393
5 to 9 2934 2993
10 to 14 2949 3365
15 to 19 3159 3203
20 to 24 1576 1936
25 to 29 2270 2256
30 to 34 2081 2136
35 to 39 2331 2362
40 to 44 3633 3677
45 to 49 3266 3912
50 to 54 3299 3135
55 to 59 2763 3118
60 to 64 2465 2711
65 to 69 1601 1799
70 to 74 1566 1768
75 to 79 954 875
80 to 84 573 914
85 and over 242 464

Hispanic Origin and Race

For people reporting one race alone, 69.9% were White; 16% were Black or African American; 13.1% were American Indian and Alaska Native; 2.4% were Asian; 5.2% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 8.6% reported Two or More Races. An estimated 8.6% of the people in 27587 were Hispanic or Latino. An estimated 68.9% of the people in 27587 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2020-2024, there were 29,545 households in 27587. The average household size was 2.77 people.

Married-couple households made up 66.6% of the households in 27587 while cohabiting couple households made up 5.5% of households. Female householders with no spouse or partner present were 19.4% of all households, while 8.5% of households had male householders with no spouse or partner present. Some households had one person, as 5.6% of households were male householders living alone, and 11.4% were female householders living alone, for a total of 17% of all households.

In 27587, 37.1% of all households had one or more people under the age of 18; 24.7% of all households had one or more people 65 years and over.

Types of Households in 27587 in 2020-2024

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Percent
Married-couple households 66.6
Cohabiting Couples 5.5
Male Householder
No spouse/partner present
8.5
Female Householder
No spouse/partner present
19.4

Marital Status

Among persons 15 and older, 64.9% of males and 59% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 27.1 23.7
Now married, except separated 64.9 59
Separated 0.9 1.5
Widowed 1.1 5.3
Divorced 5.9 10.5

Grandparents and Grandchildren

In 27587, 945 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 26.1% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2020-2024, an estimated 92.1% of the people living in 27587 were U.S. natives. 39.2% of the 27587 population were living in the state where they were born.

Approximately 7.9% of 27587 residents in 2020-2024 were foreign-born. 66.9% of foreign-born were naturalized U.S. citizens and an estimated 65.9 % entered the country before the year 2010.

Foreign-born residents of 27587 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2020-2024 for 27587.

Region of Birth for the Foreign-Born Population in 27587 in 2020-2024

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Percent
Latin America 31.8
Asia 25.8
Europe 19.5
Africa 13.7
Northern America 9.2
Oceania 0.1

Language

Among people at least five years old living in 27587 in 2020-2024, 9.1 % spoke a language other than English at home. Spanish was spoken by 4.3% of people at least five years old; 2.6% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 27587 in 2020-2024

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Percent
Spanish 4.3
Other Indo-European languages 2.2
Asian and Pacific Islander languages 1.4
Other languages 1.2

Geographic Mobility

In 2020-2024, 87.4 % of the people at least one year old living in 27587 were living in the same house one year earlier.

Geographic Mobility of Residents of 27587 in 2020-2024

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Percent
Same house 87.4
Different house, same county 7.4
Different county, same state 1.7
Different state 2.7
Abroad 0.7

Education

In 2020-2024, 96.9 % of people 25 years and over had at least graduated from high school and 57.7% had a bachelor's degree or higher. An estimated 3.1% did not complete high school.

The total school enrollment in 27587 was 23,390 in 2020-2024. Nursery school enrollment was 1,499 and kindergarten through 12th grade enrollment was 16,284. College or graduate school enrollment was 5,607.

Educational Attainment of People in 27587 in 2020-2024

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Percent
Less than high school diploma 3.1
High school diploma or equivalency 14.6
Some college, no degree 15.6
Associate's degree 9.1
Bachelor's degree 34.7
Graduate or professional degree 22.9

Disability

In 27587, among the civilian noninstitutionalized population in 2020-2024, 9.6 % reported a disability. The likelihood of having a disability varied by age - from 3.5% of people under 18 years old, to 8.6% of people 18 to 64 years old, and to 26.9% of those 65 and over.


Employment Status and Type of Employer

In 27587, 67.3 % of the population 16 and over were employed; 29.9% were not currently in the labor force.

An estimated 79.4% of the people employed were private wage and salary workers; 15.6% were federal, state, or local government workers; and 4.8 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 34,389 79.4
Federal, state, or local government workers 6,774 15.6
Self-employed workers in own not incorporated business 2,067 4.8

Industries

In 2020-2024, the civilian employed population 16 years and older in 27587 worked in the following industries:

Percent by Industry in 27587 in 2020-2024

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Percent
Agriculture, forestry, fishing and hunting, and mining 0.4
Construction 4.9
Manufacturing 10.1
Wholesale trade 1.9
Retail trade 11.3
Transportation and warehousing, and utilities 4
Information 2.3
Finance and insurance, and real estate and rental and leasing 7.1
Professional, scientific, and management, and administrative and waste management services 19.3
Educational services, and health care and social assistance 24.5
Arts, entertainment, and recreation, and accommodation, and food services 4.3
Other Services, except public administration 4.5
Public administration 5.5

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 27587 in 2020-2024

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 26,772 61.8
Service occupations 4,308 9.9
Sales and office occupations 7,868 18.2
Natural resources, construction, and maintenance occupations 1,812 4.2
Production, transportation, and material moving occupations 2,555 5.9

Commuting to Work

An estimated 62.2% of 27587 workers drove to work alone in 2020-2024, and 5.2% carpooled. Among those who commuted to work, it took them on average 30.4 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 27587 in 2020-2024

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Percent
Car, truck, van -- drove alone 62.2
Car, truck, van -- carpooled 5.2
Public transportation (excluding taxicab) 0
Walked 0.8
Other means 0.9
Worked from home 30.9

In 2020-2024, 27587 had a total of 31,117 housing units. Of these housing units, 83.9% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 12.7% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 3.4% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 27587 in 2020-2024

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Percent
Single-family houses 83.9
Apartments in multi-unit structures 12.7
Mobile homes 3.4
Boat, RV, van, etc 0

39.1% of the housing inventory was comprised of houses built since 2010, while 2.4% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 27587 was 7.3 rooms, and of these housing units 80.6% had three or more bedrooms.


In 2020-2024, 27587 had 29,545 housing units that were occupied or had people living in them, while the remaining 1,572 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 81% while renters occupied 19%. The average household size of owner-occupied houses was 2.9 and in renter-occupied houses it was 2.21.

5.2% of householders of these occupied houses had moved into their house since 2021, while 3.8% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 2.6% and another 28.6% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 27587:

House Heating Fuel Used in 27587 in 2020-2024

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Percent
Gas 55.7
Electricity 43.2
Fuel oil, kerosene, etc 0.3
All other fuels 0.7
No fuel used 0.3

In 2020-2024, the median property value for owner-occupied houses in 27587 was $497,800.

Of the owner-occupied households, 77.4 % had a mortgage. 22.6% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $2,339 and for owners without a mortgage it was $700.

For renter-occupied houses, the median gross rent for 27587 was $1,544. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.