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Community Demographic Information
The demographic information presented here is intended to provide a basic snapshot of Wake County and Fuquay-Varina. Data is used extensively by the county to guide decision-making when crafting policy and allocating resources to meet the goals set by the Board of Commissioners.
| Demographics | Data |
|---|---|
| Population | |
| 2023* | 43,481 |
| 2022** | 40,810 |
| 2020 (Census Year) | 34,152 |
| 2010 (Census Year) | 17,937 |
| Median Age | 37 |
| Population with Bachelor's Degree or Higher | 47.1% |
| Labor Force | 18,159 |
| Number of Establishments | 1,324 |
| Top Employers | |
| John Deere Turf Center | |
| TE Connectivity | |
| Wake County Public School System | |
| Berk - Tek (a Leviton Company) | |
| Occupations | |
| Office and Administrative Support | 14.08% |
| Sales | 12.5% |
| Executive, Managers and Administrators | 10.5% |
| Production Workers | 10.2% |
| Median Household Income* | $85,047 |
| Commercial Investment (2022) | $92,388,229 |
| Residential Investment (2022) | $355,800,914 |
*US Census Bureau, Lightcast Q1 2023 Data Set
**US Census Bureau, 2022 Annual Population Estimate
More than 1 million people call Wake County “home”, and the county is growing more than twice as fast as the rest of the state. The county grows by approximately 62 people per day and added 225,000 people over the last decade.
The demographic makeup of this growth includes older people moving to this region. According to U.S. Census Bureau estimates (2010–2019), 46% of Wake County's population growth came from people aged 55 and older.
Fuquay-Varina is the 6th largest municipality in the most populous county in the State. Between the last two decennial Censuses, the Town grew by 90%, and the Town’s Inspections Department continually sets records for the most building permits issued monthly. The image below shows the concentration of building permits issued in Southern and Western Wake County.
Age & Race
The 2020 Census revealed that 27.2 %, almost a third of Fuquay-Varina’s population, is under 18 years old. Further, 7.1% of those under 18 are under the age of 5, meaning Fuquay-Varina is one of the “youngest” Towns in the County.
Persons under 5 years, 2021: 7.1%
Persons under 18 years, 2021: 27.2%
Persons 65 years and over, 2021: 13.3%
Fuquay-Varina’s population is slightly more female than male, at 53% female population.
Race and Hispanic Origin statistics:
| Race/Hispanic Origin (%) | 2000 | 2010 | 2020 |
|---|---|---|---|
| White alone | 70.6 | 72.3 | 71.7 |
| Black or African American | 24.4 | 19.7 | 17.8 |
| American Indian & Alaskan Native alone | 0.4 | 0.6 | 0.2 |
| Asian alone | 0.5 | 2.0 | 1.9 |
| Native Hawaiian & other Pacific Islander alone | N/A | 0.0 | 0.0 |
| Two or more races | 1.2 | 2.7 | 6.4 |
| Hispanic or Latino | 7.4 | 9.7 | 8.4 |
Housing
| 2000 | 2010 | 2020 | |
|---|---|---|---|
| Total Housing Units | 3,375 | 7,325 | 11,567 |
| Owner-Occupied Units (%) | 61.6 | 73.2 | 70.5 |
| Median value of owner-occupied units | $117,500 | N/A | $303,400 |
| Median gross rent | $622 | N/A | $1,391 |