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Market insights · North Carolina

Wake County, NC: growth, migration and housing

Wake County has 1,257,235 residents, up 11.2% since 2020 (+2.3% in the last year). In 2022–2023, 39,525 households moved in and 35,573 moved out (+3,952 net), bringing in a net $374.0M of income. Median household income is $105,768, the median home $461,300 and median rent $1,623 a month.

Population (2025)1,257,235
5-year growth+11.2%
1-year growth+2.3%
Net households moving in+3,952
Per 1,000 residents+3.1
Net income moving in+$374.0M
Median household income$105,768
Median home value$461,300
Median rent$1,623/mo
Rent as share of income18%

In North Carolina: 10th of 100 counties for 5-year population growth · 53rd of 100 counties for net in-migration (per resident) · 1st of 100 counties for median household income · 1st of 100 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Wake County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Durham County, NC3,599$284.0M
Johnston County, NC1,999$116.0M
Mecklenburg County, NC1,028$80.1M
Guilford County, NC803$46.6M
Orange County, NC758$55.2M
Franklin County, NC726$47.3M
Harnett County, NC653$34.4M
Cumberland County, NC624$38.8M

Where leavers went

Top counties by households leaving Wake County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Durham County, NC3,465$260.0M
Johnston County, NC3,410$228.8M
Harnett County, NC1,425$98.3M
Franklin County, NC1,371$106.0M
Mecklenburg County, NC1,225$89.4M
Chatham County, NC704$110.0M
New Hanover County, NC681$85.2M
Guilford County, NC620$34.3M

BizyFi in Wake County

20 companies in the BizyFi directory are based here. Search them on the company map (company names with a free account), or browse North Carolina companies.

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.