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Wake Forest town, NC

ZIP Code 27587 — Wake Forest town, NC Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Map, Quick Facts & Location

Quick Facts

Local time
Population
81,902
Median Income
$125,607
+67% vs US avg
Home Value
$452,400
+30% vs US avg
Median Rent
$1,239
+7% vs US avg
Median Age
40.8 yrs
+5% vs US avg
Area Code
Congress
Top Ancestry
EnglishGermanIrish
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Location
Coordinates
35.9814, -78.5576
Elevation
280 ft
Land Area
104.7 sq mi
Water Area
5.3 sq mi (5% water)

At a glance

Population
81,902
Density
N/A
Median income
$125,607
+67% vs US avg
Home value
$452,400
+30% vs US avg
Median rent
$1,239
+7% vs US avg
Timezone

Overview of ZIP Code 27587

UniversityUniversity / college area
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What to know about ZIP 27587

ZIP code 27587 covers Wake Forest, NC in Wake County with a population of about 81,902.

At a glance, the area shows median age of 40.8 versus a U.S. median of about 38.9.

It sits in telephone area codes 919, 984; U.S. House district NC-13; the RALEIGH - DURHAM (FAYETVLLE) media market.

Local search focus: University

Wake Forest, NC sits in a university / college context (near southeastern baptist theological seminary (2.5 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Income and economy in Wake Forest, NC

Median household income in ZIP 27587 is about $125,607 — about 67% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.4%; unemployment rate near 3.9%; 56.4% of adults with a bachelor’s degree or higher (about 22.7 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Professional services, and Retail trade; about 27.1% of workers reporting work-from-home (about 11.9 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 27587

Median home value is about $452,400 — about 30% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,239 (about 7% above the U.S. median rent ($1,163)), and owner-occupancy near 81.0% (about 15.6 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 27587 in Wake Forest, NC, a household would need roughly $125,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,906. That is roughly in line with the local median household income ($125,607). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate risk and migration signals

FEMA’s National Risk Index rates natural-hazard risk for Wake Forest town, NC as Relatively High (composite score 95.5), which is among the highest nationally. The strongest component scores on US5 are flood (97.7) and hurricane (89.9). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Wake Forest town, NC show little to no average snow and around 47.5 inches of annual precipitation.

IRS migration statistics show a net inflow of about 3,400 for ZIP 27587 (Wake Forest town, NC) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Nearby (from this ZIP)

Airport RDU (14.7 miles (23.6 km)) · Southeastern Baptist Theological Seminary (2.5 miles (3.9 km)) · Guilford Courthouse National Military Park (72.5 miles (116.7 km)) · VA: Raleigh III CBOC (11.8 miles (19.0 km))

Full lists and map pins are in the Infrastructure section below.