Wakefield, NB

Full City Profile · New Brunswick

3.1 /5.0

B Good

2,722 Population 36/sq mi density

$71,000 Median Income $40,880 per capita

$150,000 Home Value

$740 Median Rent 9.9% income on rent

40°F Avg Temperature 260 sunny days/yr

Overall

3.1 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.3 / 5.0

$71,000 median income, 7.3% unemployment

A+

Affordability

5.0 / 5.0

$150,000 home value, $740/mo rent

C+

Safety

2.5 / 5.0

Education

1.8 / 5.0

9.7% bachelor's degree or higher

Wakefield, NB

At a Glance

Median Income

$71,000

6% below

$40,880 per capita

Home Value

$150,000

47% below

Median Rent

$740/mo

36% below

9.9% of income on rent

Bachelor's Degree+

9.7%

71% below

36.3% high school+

Unemployment

7.3%

103% above

12.4% poverty rate

Avg Temperature

40°F

260 sunny days/yr

How Wakefield Compares to the U.S. Average

Each bar shows Wakefield's value as a percentage of the national average (100% = U.S. avg)

Income

94%

Home Value

53%

Rent

64%

Poverty

100%

Bachelor's

29%

Unemployment

203%

Thin vertical line = U.S. national average (100%)

Is Wakefield a Good Place to Live?

3.1 / 5.0 - Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Wakefield residents earn a median household income of $71,000 , which is 6% below the national average of $75,149. Per capita income is $40,880. The unemployment rate stands at 7.3% (103% above the U.S. rate of 3.6%). 12.4% of residents live below the poverty line. The area is home to 84 business establishments.

Housing & Cost of Living

The median home value in Wakefield is $150,000 , 47% below the national median of $281,900. Median rent is $740/month, with 9.9% of renters spending more than 30% of income on housing.

Education

9.7% of adults in Wakefield hold a bachelor's degree or higher (71% below the national average). 36.3% have completed high school.

Climate & Weather

Wakefield has an average annual temperature of 40°F (4°C). Winters average 11°F in January while summers reach 66°F in July. The area gets 260 sunny days per year. Annual precipitation totals 41.6 inches.

Data Overview

People

Population2,722

Median Age46.0 yrs

Density36/mi²

Male / Female50% / 50%

Economy

Median Income$71,000

Per Capita$40,880

Unemployment7.3%

Poverty12.4%

Avg Weekly Wage$786

Housing

A+

Home Value$150,000

Rent$740

Ownership83.3%

Housing Units1,135

Rent Burden9.9%

Crime

C+

Property3,500/100K

Burglary484/100K

Climate

Avg Temp40°F

Sunny Days260/yr

Rain41.6 in/yr

Elevation299 ft

Education

Bachelor's+9.7%

High School+36.3%

Graduate+2.0%

Community

Commute20 min

Did You Know?

16.9% work from home.