Business Briefs

Business consultant notes Wake Forest growth

Posted January 5, 2010 11:12 a.m. EST

— Gadberry Group, which provides location intelligence services and data for top retailers, has included Wake Forest among its list of the most notable high-growth areas in the nation.

Wake Forest ranked sixth on Gadberry’s “9 from 2009” list, officials said Tuesday.

“As a Wake Forest native, I’ve recognized the explosive growth that our community has experienced. The Gadberry data will give us the quantitative tools we need to continue to draw new development to Wake Forest,” Don Stroud, co-chairman of the Wake Forest Area Chamber of Commerce, said in a statement.

Among the data the company cited for Wake Forest were population growth from 8,150 households in 2000 to 17,803 in 2009, the median age dropping from 34.5 in 2000 to 34.1 last year and average household income jumping from $70,148 to $82,771.

“This area has all the tools to prosper in the new decade and century. We have the viable, educated work force and all the criteria for businesses of the future,” Wake Forest Area Chamber of Commerce President Marla Akridge said in a statement.