Wake Forest operates under the council–manager form of government. Southeastern Baptist Theological Seminary began offering classes on the original campus of Wake Forest University in 1950, and occupied the entire campus when the university completed its move. The college moved to the much larger city of Winston-Salem in 1956. In 1909, the word "College" was removed from the name of the town. This community was incorporated as the "Town of Wake Forest College" in 1880. College leaders convinced the railroad to move the depot even closer to the college in 1874, leading to more economic development. The Raleigh & Gaston Railroad, completed in 1840, established a depot in nearby Forestville that stimulated the school and surrounding village.
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Jones sold his farm to the North Carolina Baptist Convention for $2,000, who opened the Wake Forest Manual Labor Institute, later Wake Forest College, on the site. The sparsely populated area became known as the Forest of Wake, or Wake Forest. Calvin Jones, originally from New England, bought 615 acres (2.49 km 2) of forested land in Wake County, North Carolina. However they still function as one Research Triangle (or colloquially The Triangle) metropolitan area. They have now been split them into two separate Metropolitan Statistical Areas labeled Raleigh-Cary and Durham-Chapel Hill. The Office of Management and Budget redefined the Federal Statistical Areas and dismantled what had been for decades the Raleigh-Durham-Chapel Hill Metropolitan Statistical Area. Office of Management and Budget also includes Wake Forest as a part of the Raleigh- Durham- Cary Combined Statistical Area, which has a population of 2,106,463 as of U.S. Wake Forest was the original home of Wake Forest University for 122 years before it moved to Winston-Salem in 1956. In 2007, the town was listed by Forbes magazine as the 20th fastest growing suburb in America, with a 73.2 percent increase in population between 20. Census Bureau estimates the city's population to be 47,601 as of April 1, 2020. At the 2020 census, the population was 47,601. state of North Carolina located almost entirely in Wake County, it lies just north of the state capital, Raleigh. Wake Forest is a town in Franklin, Granville and Wake counties in the U.S.
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