How many renters in Wake Forest, NC pay more than 30% of their income on rent?

Name: Rent burden in Wake Forest, NC, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

46.3% (±9.1 points) of renting households in Wake Forest, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

37.8% spend 35% or more.

The median renting household spends 27.7% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 46.3% (±9.1 points)
Paying 35% or more: 37.8% (±8.3 points)
Median share of income: 27.7% (±5.1 points)

Rent as a share of income in Wake Forest

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Wake Forest	Wake County	North Carolina	United States
Less than 15%	13.1% (±8.4 points)	13.4%	14.1%	12.6%
15% to 19.9%	17.9% (±9.5 points)	13.0%	12.6%	12.2%
20% to 24.9%	14.5% (±6.5 points)	13.7%	13.2%	12.6%
25% to 29.9%	8.2% (±4.2 points)	11.6%	11.3%	11.5%
30% to 34.9%	8.5% (±3.7 points)	10.1%	9.3%	9.2%
35% or more	37.8% (±8.3 points)	38.1%	39.6%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Wake Forest against Wake County, its state and the nation

Estimate (90% margin of error)
	Wake Forest	Wake County	North Carolina	United States
Paying 30% or more	46.3% (±9.1 points)	48.2% (±1.6 points)	48.9% (±0.6 points)	51.1%
Paying 35% or more	37.8% (±8.3 points)	38.1% (±1.4 points)	39.6% (±0.5 points)	41.9%
Median share of income	27.7% (±5.1 points)	29.3% (±0.5 points)	29.5% (±0.2 points)	30.6%
Median renter household income	$60,327 (±$13,046)	$65,172 (±$1,743)	$48,010 (±$418)	$52,966
Median gross rent	$1,596 (±$105)	$1,623 (±$16)	$1,228 (±$5)	$1,413

In Wake Forest, the share of renters paying 30% or more of income is not measurably different from Wake County (48.2%).

It is not measurably different from North Carolina (48.9%).

It is not measurably different from the national figure (51.1%).

In Wake County, Wake Forest ranks 7 of 12 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 362 of 650.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Wake Forest

Nearest places with a published estimate, compared with Wake Forest
Place	Distance	Renters paying 30% or more of income	Compared with this place
Wake Forest	—	46.3% (±9.1 points)	—
Rolesville	4.4 mi	53.8% (±44.8 points)	Not measurably different
Youngsville	5.2 mi	38.8% (±17.7 points)	Not measurably different
Franklinton	10 mi	68.8% (±18.5 points)	Higher
Raleigh	12 mi	52.1% (±2.3 points)	Not measurably different
Knightdale	12 mi	44.6% (±11.7 points)	Not measurably different
Creedmoor	14 mi	43.3% (±23.0 points)	Not measurably different
Zebulon	15 mi	82.4% (±19.0 points)	Higher
Bunn	15 mi	52.3% (±23.9 points)	Not measurably different

Nearby places with a measurably higher figure: Franklinton, NC (68.8%), Zebulon, NC (82.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Wake County, place by place

Rank	Place	Renters paying 30% or more of income
1	Zebulon	82.4% (±19.0 points)
2	Wendell	54.1% (±21.2 points)
3	Rolesville	53.8% (±44.8 points)
4	Garner	53.3% (±11.2 points)
5	Raleigh	52.1% (±2.3 points)
6	Holly Springs	48.9% (±9.6 points)
7	Wake Forest	46.3% (±9.1 points)
8	Knightdale	44.6% (±11.7 points)
9	Apex	44.2% (±6.6 points)
10	Fuquay-Varina	40.9% (±10.2 points)
11	Cary	38.2% (±3.7 points)
12	Morrisville	24.8% (±5.5 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Wake Forest

Are renters in Wake Forest rent-burdened?

46.3% of renting households in Wake Forest pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Wake Forest spend on rent?

The median renting household in Wake Forest, NC spends 27.7% (±5.1 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Wake Forest town, North Carolina (place:70540, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.