Where Are People Moving in Wake, NC?
IRS county-to-county migration, 2023 tax year (released about two years after the tax year it covers).
People moving in
34,367
People moving out
30,809
Net migration
+7,037
Wake, NC is a net gainer of residents. In the latest IRS data (2023 tax year), 34,367 people moved in and 30,809 moved out, for a net gain of +7,037. Sustained inflows like this are one of the strongest long-run signals of housing demand.
Migration is most useful read alongside the rest of the market. People move for jobs, affordability, climate, and lifestyle, and where they come from and go to says a lot about what a county is competing on. Below are the specific counties driving Wake, NC’s flows in each direction.
Top counties people moved to Wake, NC from
| Origin county | Returns | People |
|---|---|---|
| Durham, NCNorth Carolina | 3,599 | 5,610 |
| Johnston, NCNorth Carolina | 1,999 | 3,461 |
| Mecklenburg, NCNorth Carolina | 1,028 | 1,491 |
| Guilford, NCNorth Carolina | 803 | 1,163 |
| Orange, NCNorth Carolina | 758 | 1,118 |
| Franklin, NCNorth Carolina | 726 | 1,337 |
| Harnett, NCNorth Carolina | 653 | 1,145 |
| Cumberland, NCNorth Carolina | 624 | 1,010 |
| Pitt, NCNorth Carolina | 545 | 815 |
| New Hanover, NCNorth Carolina | 524 | 707 |
Top counties people left Wake, NC for
| Destination county | Returns | People |
|---|---|---|
| Durham, NCNorth Carolina | 3,465 | 4,950 |
| Johnston, NCNorth Carolina | 3,410 | 6,568 |
| Harnett, NCNorth Carolina | 1,425 | 2,837 |
| Franklin, NCNorth Carolina | 1,371 | 2,774 |
| Mecklenburg, NCNorth Carolina | 1,225 | 1,708 |
| Chatham, NCNorth Carolina | 704 | 1,397 |
| New Hanover, NCNorth Carolina | 681 | 1,015 |
| Guilford, NCNorth Carolina | 620 | 962 |
| Orange, NCNorth Carolina | 583 | 903 |
| Nash, NCNorth Carolina | 465 | 881 |
“Returns” counts tax returns (a household proxy) that moved along each flow; “People” counts the individuals on those returns, when reported. IRS aggregate and foreign pseudo-rows are excluded. Informational only, not financial advice.
Frequently asked questions
Are people moving to Wake, NC or leaving?
Wake, NC had a net gain of +7,037 residents in the latest IRS data (2023 tax year), with 34,367 people moving in and 30,809 moving out. Net migration is inflow minus outflow.
Where are people moving to Wake, NC from?
The largest sources of new Wake, NC residents are Durham, NC, Johnston, NC, Mecklenburg, NC. The full top-ten list of origin counties is in the table above.
Where do people leaving Wake, NC go?
People leaving Wake, NC most often move to Durham, NC, Johnston, NC, Harnett, NC. The full top-ten list of destination counties is in the table above.
What does Wake, NC migration mean for housing?
Migration is a leading demand signal. Sustained net inflows tend to support rents and home prices when supply cannot keep up, while net outflows can soften them. Read this alongside Wake, NC's price forecast, building permits, and affordability on the full county dashboard before drawing a conclusion.
How current is this Wake, NC migration data?
It comes from IRS Statistics of Income county-to-county migration data, which is released about two years after the tax year it covers; the figures above reflect the 2023 tax year. That lag is normal for this dataset, which counts actual tax returns rather than survey estimates.