Wake County Stats

With the recent headlines from the News and Observer regarding our state of economy, I thought you might like some additional stats from the Planning Department. Here are recently released statistics on Housing, the Economy, Education, Population, Transportation and Land Development.

For more information: http://www.wakegov.com/planning/

 Population

Current Wake County 2008 Projected Population:

868,121

 Wake County Projected Population:

2009 - 902,152

2010 - 933-727

2011 - 961,739

  WC Newcomers Projection:

2008 - 97 (Per Day)

2009 - 93 (Per Day)

2010 - 87 (Per Day)

 U.S. Census Estimates:

2007 - 832,970

2007 - 106 (Per Day)

  Housing

2006 Housing Units:

325,712

2006 Vacancy Rate:

9.5%

2006 Household Size:

2.58 people/household

2006 Housing Density:

392 units/square mile

2007 January Residential Average Property Value:

$186,410 (County)

•-          $222,550 (High)

•-          $98,243 (Low)

Education

2007-2008 Wake County Public School System 20^th-Day Membership:

134,002

2007-2008 Number of Schools

WCPSS - 153

Charter Schools - 14

2008-2009 WCPSS 20^th-Day Student Projection:

140,443

2006 Adult Population with B.A. or Higher:

45.6%

2007 Wake Tech Enrollment:

57,000

Economy

2006 Median Family Income:

$78,369

2006 Median Household Income:

$60,903

2006 Population Below Poverty Level:

9.1%

2007 Unemployment Rate:

3.4%

May 2008: 3.8%

2006-2007 Tax Base:

28% Commercial

72% Residential

Transportation

2007 Registered Vehicles:

706,000

2006 Average Commute Time:

23.4 minutes

2006 Commuters:

Drive Alone - 85.6%

Public Transit - 1.3%

Carpooled - 10.7%

Walked - 1.4%

2006 Working From Home:

21,606

2007-2008 April TT Bus Riders Increased:

+20.5%

Land Development

Wake County Proper:

857 square miles

2008 Municipal Jurisdiction in Wake County:

443 square miles

2008 County Planning Jurisdiction:

414 square miles

2007 New Building Permits:

Residential - 10,384

Commercial/Industrial - 595

2006 New Permits: 11,695

2006-2007 % Change: -6.5%