Life in Wakefield research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Wakefield over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Wakefield:
The population in Wakefield is 12,024.
The median home value in Wakefield is $203,166.
The median income in Wakefield is $221,793.
The cost of living in Wakefield is 178 which is 1.8x higher than the national average.
The median rent in Wakefield is $3,501.
The unemployment rate in Wakefield is 2.5%.
The poverty rate in Wakefield is 2.5%.
The average high in Wakefield is 66.1° and the average low is 45.8°.
Cost of living in Wakefield summary. We use data on the cost of living to determine how expensive it is to live in Wakefield. Real estate prices drive most of the variance in cost of living around Virginia. Key points include:
The cost of living in Wakefield is 178 with 100 being average.
The cost of living in Wakefield is 1.8x higher than the national average.
The median home value in Wakefield is $203,166.
The median income in Wakefield is $221,793.
| Living Expense | Wakefield | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 178 | 110 | 100 | |
| Services | 110 | 101 | 100 | |
| Groceries | 112 | 99 | 100 | |
| Health | 113 | 98 | 100 | |
| Housing | 342 | 130 | 100 | |
| Transportation | 101 | 94 | 100 | |
| Utilities | 100 | 104 | 100 | |
The average high in Wakefield is 66.1° and the average low is 45.8°.
There are 74.7 days of precipitation each year.
Expect an average of 42.0 inches of precipitation each year with 18.9 inches of snow.
| Stat | Wakefield |
|---|---|
| Average Annual High | 66.1 |
| Average Annual Low | 45.8 |
| Annual Precipitation Days | 74.7 |
| Average Annual Precipitation | 42.0 |
| Average Annual Snowfall | 18.9 |
The current population in Wakefield is 12,024. The population has increased 4.1% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 12,024 | 3.5% |
| 2022 | 11,621 | 0.8% |
| 2021 | 11,534 | 1.1% |
| 2020 | 11,413 | -1.2% |
| 2019 | 11,554 | -1.9% |
| 2018 | 11,782 | -4.9% |
| 2017 | 12,393 | -2.4% |
| 2016 | 12,697 | -2.9% |
| 2015 | 13,082 | 3.1% |
| 2014 | 12,684 | 3.7% |
| 2013 | 12,235 | 2.6% |
| 2012 | 11,926 | -1.0% |
| 2011 | 12,047 | 4.3% |
| 2010 | 11,553 | - |
61.1% White with 7,343 White residents.
5.7% African American with 691 African American residents.
0.0% American Indian with 6 American Indian residents.
19.7% Asian with 2,367 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.3% Other with 34 Other residents.
5.1% Two Or More with 612 Two Or More residents.
8.1% Hispanic with 971 Hispanic residents.
| Race | Wakefield | VA | USA |
|---|---|---|---|
| White | 61.1% | 59.0% | 58.2% |
| African American | 5.7% | 18.4% | 12.0% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 19.7% | 6.8% | 5.7% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 0.3% | 0.5% | 0.5% |
| Two Or More | 5.1% | 4.3% | 3.9% |
| Hispanic | 8.1% | 10.7% | 19.0% |
Wakefield is 49.9% female with 6,002 female residents.
Wakefield is 50.1% male with 6,021 male residents.
| Gender | Wakefield | VA | USA |
|---|---|---|---|
| Female | 49.9% | 50.6% | 50.5% |
| Male | 50.1% | 49.4% | 49.5% |
1.0% of adults in Wakefield completed < 9th grade.
2.0% of adults in Wakefield completed 9-12th grade.
7.0% of adults in Wakefield completed high school / ged.
11.0% of adults in Wakefield completed some college.
5.0% of adults in Wakefield completed associate's degree.
33.0% of adults in Wakefield completed bachelor's degree.
29.0% of adults in Wakefield completed master's degree.
8.0% of adults in Wakefield completed professional degree.
4.0% of adults in Wakefield completed doctorate degree.
| Education | Wakefield | VA | USA |
|---|---|---|---|
| < 9th Grade | 1.0% | 4.0% | 5.0% |
| 9-12th Grade | 2.0% | 5.0% | 6.0% |
| High School / GED | 7.0% | 24.0% | 26.0% |
| Some College | 11.0% | 18.0% | 19.0% |
| Associate's Degree | 5.0% | 8.0% | 9.0% |
| Bachelor's Degree | 33.0% | 23.0% | 21.0% |
| Master's Degree | 29.0% | 13.0% | 10.0% |
| Professional Degree | 8.0% | 3.0% | 2.0% |
| Doctorate Degree | 4.0% | 2.0% | 2.0% |
0.9% of households in Wakefield earn Less than $10,000.
0.0% of households in Wakefield earn $10,000 to $14,999.
1.6% of households in Wakefield earn $15,000 to $24,999.
0.1% of households in Wakefield earn $25,000 to $34,999.
3.1% of households in Wakefield earn $35,000 to $49,999.
2.2% of households in Wakefield earn $50,000 to $74,999.
7.6% of households in Wakefield earn $75,000 to $99,999.
10.5% of households in Wakefield earn $100,000 to $149,999.
15.7% of households in Wakefield earn $150,000 to $199,999.
58.3% of households in Wakefield earn $200,000 or more.
| Income | Wakefield | VA | USA |
|---|---|---|---|
| Less than $10,000 | 0.9% | 4.2% | 4.9% |
| $10,000 to $14,999 | 0.0% | 2.9% | 3.6% |
| $15,000 to $24,999 | 1.6% | 5.5% | 6.6% |
| $25,000 to $34,999 | 0.1% | 5.9% | 6.8% |
| $35,000 to $49,999 | 3.1% | 9.1% | 10.4% |
| $50,000 to $74,999 | 2.2% | 14.6% | 15.7% |
| $75,000 to $99,999 | 7.6% | 12.1% | 12.7% |
| $100,000 to $149,999 | 10.5% | 18.2% | 17.4% |
| $150,000 to $199,999 | 15.7% | 10.7% | 9.3% |
| $200,000 or more | 58.3% | 16.9% | 12.6% |