Growth and Population Trends

The demographic information presented here is intended to provide a basic snapshot of Wake County. 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.

To learn more about Wake County, visit the quick facts page from U.S. Census Bureau.

Wake County population is growing

Wake County is one of the fastest growing counties in the U.S.
Wake County is one of the fastest growing counties in the U.S.
Bar graph showing fasted growing counties in NC

More than 1 million people call Wake County home, and the county is growing by more than twice as fast as the rest of the state. The county grows by approximately 62 people per day, and will add another 250,000 residents over the next 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.

 

Development Trends and Future Needs

density of building permits issued in 2020
A heat map shows the density of 2020 building permits in Wake County

There were a total of 8,214 permits issued in 2020 in Wake County. Over 7,000 permits were issued in 2019. The Town of Apex issued the most residential building permits (1,398).

The need for housing continues to outpace supply, and this is causing prices to rise. With changing demographics and the trend of shrinking household size, it is projected Wake County will need an additional 125,000 t0 175,000 new housing units over the next 10 to 15 years.