Is Wakaw a Good Place to Live?
Based on current data, Wakaw receives an overall livability score of 2.9 out of 5.0, earning a grade of C+. Key strengths include affordable housing, abundant sunshine, strong internet connectivity. Areas to be aware of include above-average unemployment, an elevated poverty rate, below-average incomes. Wakaw has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Wakaw is $55,600, 26% below the national average of $75,149. At 14.3%, unemployment is notably high. The poverty rate of 21.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 23 minutes.
Cost of Living & Housing
The median home value in Wakaw is $170,000, 40% below the national median — offering relatively affordable homeownership. Renters pay a median of $680 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.1x indicates a reasonably affordable housing market.
Education
9.4% of residents hold a bachelor's degree, below the national average of 33.7%. 34.8% have completed high school.
Climate & Weather
Wakaw has a cool climate with an average annual temperature of 35°F. Winters average -0°F in January while summers reach 64°F in July. With 307 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 16.1 inches. Air quality is rated Good with a median AQI of 27.