|1994 record 3–8 (1–7 ACC)|
|Conference Atlantic Coast Conference|
Head coach Jim Caldwell (2nd year)
Home stadium Groves Stadium (Capacity: 31,500)
The 1994 Wake Forest Demon Deacons football team was an American football team that represented Wake Forest University during the 1994 NCAA Division I-A football season. In their second season under head coach Jim Caldwell, the Demon Deacons compiled a 3–8 record and finished in eighth place in the Atlantic Coast Conference.