B+
Very Good
Score: 75/100
Overall (traditional)
A+
Outcome Rating
94/100 · earnings-weighted

Wake Forest University

4-Year Private Non-Profit
📍 Winston-Salem, North Carolina 27106
Wake Forest University campus, Winston-salem, NC
Wake Forest University campus, Winston-salem, NC. Photo: Jijithecat at English Wikipedia, Public domain via Wikimedia Commons.
Outcomes
A+
94/100
Affordability
F
24/100
Resources
A
85/100
Experience
A+
92/100
Prestige
A
80/100

Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology

Quick Stats

9,121
Total Enrollment
91%
Graduation Rate
95%
Retention Rate
9.0:1
Student-Faculty Ratio
22%
Acceptance Rate
N/A
Avg Net Price

Earnings, Debt & Completion

What happens to students who enroll at Wake Forest University, from the U.S. Department of Education’s College Scorecard.

$78,158
Median earnings 10 yrs after entry
$67,722
Median earnings 6 yrs after entry
$21,500
Median debt at graduation
89.2%
Completion rate (within 150% of normal time)
1,475
Average SAT
10.1%
Students receiving Pell grants

Typical debt at graduation equals about 28% of one year’s median earnings ten years after entry.

Earnings rank: 95th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (NC wage index 0.87). This drives the Outcome Rating.

Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.

Earnings by Major at Wake Forest University

Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.

Major1 yr after4 yrs aftervs. nationalRank (pay)Rank (wage-adj.)Median debt
Management Sciences and Quantitative Methods—$146,608+70%#3 of 126#1—
Finance and Financial Management Services$85,944$145,996+75%#6 of 452#4$19,500
Business/Commerce$76,722$118,167+73%#4 of 271#3$18,899
Computer Science$75,625$115,493+8%#91 of 349#58$20,549
Economics$56,416$98,209+19%#72 of 368#52$20,500
Political Science and Government$47,161$85,668+35%#29 of 565#15$22,500
Sports, Kinesiology, and Physical Education/Fitness$21,192$79,599+46%#5 of 610#4$22,777
Communication and Media Studies$42,055$77,984+38%#14 of 660#6$22,250
English Language and Literature$31,449$77,847+60%#5 of 576#1$19,500
Psychology$34,823$64,814+28%#41 of 1027#21$21,393
Biology$30,666$63,292+11%#234 of 841#114$21,079
Romance Languages, Literatures, and Linguistics—$60,875+11%#66 of 225#34—
Sociology$46,257$60,635+15%#76 of 462#20$23,000

Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.

For parents & investors

The Wake Forest University Town Property Report

  • Avg home value near campus: $336,353
  • Avg rent near campus: $1,285/mo — vs ~$1,246/mo campus room rate
  • Top nearby ZIP by cap rate: 27051 (5.8% cap, Walkertown)

Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield, and the “kiddie condo” strategy parents use.

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🏆 Where Wake Forest University Ranks

Rankings based on Repit College Grade among schools offering each program.

#6
Business/Commerce, General
of 100 schools
#8
Counselor Education/School Counseling and Guidance Services
of 100 schools
#9
Physician Assistant
of 100 schools
#10
Communication, General
of 100 schools
#13
Exercise Science and Kinesiology
of 100 schools
#16
Advanced Legal Research/Studies, General
of 30 schools
#27
Economics, General
of 100 schools

Costs & Financial Aid

Tuition & Fees

Category In-State Out-of-State
Tuition $63,608 $63,608
Room $11,214
Board $9,226
Total Cost (On-Campus) $87,556 $87,556

Financial Aid

42%
Receive Any Aid
10%
Receive Pell Grants
14%
Take Out Loans
N/A
Avg Net Price

Student Demographics

9,121
Total Students
57%
Women
100%
Traditional Age (18-24)

👥 Race & Ethnicity

White 62%
Hispanic 9%
Black 8%
Asian 6%
Two or More 5%
Non-Resident 8%

🏠 Living Arrangements

💻 Learning Mode

In-Person 84%
Hybrid (Some Online) 5%
Fully Online 11%

📊 Age Distribution

18-24 (Traditional) 100%

Frequently Asked Questions

What is the acceptance rate at Wake Forest University?
Wake Forest University has an acceptance rate of 22%. This makes it a moderately selective institution with competitive admission standards.
How much does it cost to attend Wake Forest University?
Tuition at Wake Forest University is $63,608 for in-state students and $63,608 for out-of-state students .
What is the graduation rate at Wake Forest University?
The graduation rate at Wake Forest University is 91%. This is considered an excellent graduation rate, indicating strong student success and support systems.
Is Wake Forest University a good school?
Wake Forest University has a Repit College Score of 75/100 (Grade: B+). Our rating evaluates five key factors:
  • Outcomes (A+): Graduation and retention rates
  • Affordability (F): Net cost and financial aid access
  • Resources (A): Class sizes and selectivity
  • Experience (A+): Campus life and learning format
  • Prestige (A): Reputation and recognition
How many students attend Wake Forest University?
Wake Forest University has a total enrollment of 9,121 students. Most students (100%) are traditional college-age (18-24).

Deciding between a dorm and buying near campus? Run the numbers for Wake Forest University — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →

🎓 Similar Colleges to Wake Forest University

Compare with other 4-Year private non-profit institutions of similar size.

A
Duke University
Durham, NC · 17,112 students
B
Elon University
Elon, NC · 7,207 students
C+
High Point University
High Point, NC · 6,052 students
C+
Southeastern Baptist Theological Seminary
Wake Forest, NC · 2,926 students
C
Campbell University
Buies Creek, NC · 5,115 students
C
Gardner-Webb University
Boiling Springs, NC · 3,125 students

Data source: IPEDS 2023-24 | Last updated: October 2026 | Methodology