Wake Forest, NC Rent To Own Homes

Rent-to-Own Homes in Wake Forest, NC: What You Need to Know

Wake Forest is a suburb of Raleigh, NC, and is one of the fastest-growing cities in the country. People are moving to Wake Forest to take advantage of the low cost of living, convenient location, and high quality of life. The population of Wake Forest is approximately 43,000 people, which is more than triple what it was 20 years ago.

Job Opportunities in Wake Forest, NC

The local economy in Wake Forest is very strong. The median household income is about $92,000 per year, and the unemployment rate is typically lower than average. As Wake Forest continues to expand, we can expect even more businesses to open and more jobs to become available. The growth prediction for Wake Forest is 51% which is much higher than the national average of 33.5%. Approximately 55% of the residents of Wake Forest have a Bachelor’s Degree, which has played a considerable role in attracting high-paying jobs to the area. 

What is the Housing Availability in Wake Forest, NC?

Wake Forest has seen a massive increase in housing development in recent years. There are several new housing communities available where you can work directly with the builder to buy a brand new home. The city has a wide range of existing housing options, from small apartments to huge ranch-style single-family homes. There is something for every price range. Overall, homes are very affordable in Wake Forest, but home values are expected to rise in the upcoming years.   

Local Culture 

Downtown Wake Forest has developed into a destination rich with historical significance that also provides entertainment, incredible dining options, and exciting events. You can spend the entire day in the downtown area! There are restaurants and breweries like the White Street Brewing Company, as well as unique consignment stores and boutiques. The Wake Forest Historical Museum is another great place to visit and offers free admission. Their exhibits highlight the history of Wake Forest University and include sports, medicine, and local history. 

Weather and Climate

The weather in Wake Forest is typically very comfortable, with mostly sunny days. While Wake Forest does receive more rain than many places, snow is not something to be concerned about as it only gets about 3 inches per year. Autumn sees the most rainfall, with 29% of all rain occurring during the fall season. February is the driest month of the year but does see some cold temperatures. You can also expect a lot of humidity and heat in the summertime.