New Hampshire Route 28 is the main highway through the village, entering from the southeast as Tuftonboro Road, then turning northeast on Center Street.

NH 109 leads northwest 10 miles (16 km) to Melvin Village in the town of Tuftonboro and east 12 miles (19 km) to Sanbornville in the town of Wakefield.

New Hampshire Route 109A (Elm Street) departs from NH 28/109 in Wolfeboro Falls, leading northwest 17 miles (27 km) to Moultonborough.

The Wolfeboro CDP is bordered to the south by Winter Harbor and Wolfeboro Bay of Lake Winnipesaukee, from Keewaydin Road in the west to a line between Sinclair Lane and Mountain West Drive in the east.

The eastern edge of the CDP follows Cross Road and Pleasant Valley Road northeast to Heath Brook, then follows the brook northwest downstream to Lake Wentworth.

36.7% of all households were made up of individuals, and 20.1% were someone living alone who was 65 years of age or older.