At a Glance
Median Income
$57,500
$23,108 per capita
Home Value
$110,300
Zillow: $203,117
Median Rent
$808/mo
27.6% of income on rent
Bachelor's Degree+
18.4%
59.8% high school+
Unemployment
4.2%
2.5% poverty rate
Obesity Rate
44.3%
14.1% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Wakefield a Good Place to Live?
B+
3.8 / 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 $57,500 , which is 23% below the national average of $75,149.
Per capita income is $23,108. The unemployment rate stands at 4.2% (17% above the U.S. rate of 3.6%). 2.5% of residents live below the poverty line. The area is home to 147 business establishments, including 11 restaurants.
Housing & Cost of Living
The median home value in Wakefield is $110,300 , 61% below the national median of $281,900.
Zillow estimates the typical home at $203,117. Median rent is $808/month, with 27.6% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1950.
Education
18.4% of adults in Wakefield hold a bachelor's degree or higher
(45% below the national average).
59.8% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Wakefield has an average annual temperature of 48°F (9°C).
Winters average 21°F in January while summers reach 73°F in July. Annual precipitation totals 30.7 inches.
Data Overview
People
Population1,288
Median Age37.1 yrs
Density1,215/mi²
Male / Female53% / 47%
Foreign Born27.5%
Veterans5.1%
Economy
B+
Median Income$57,500
Per Capita$23,108
Unemployment4.2%
Poverty2.5%
County GDP$480M
Avg Weekly Wage$1,015
Housing
A+
Home Value$110,300
Rent$808
Ownership63.7%
Zillow$203,117
Housing Units490
Rent Burden27.6%
Health
Obesity44.3%
Diabetes11.4%
Smoking14.1%
Heart Disease5.6%
Premature Death5,812/100K
Climate
Avg Temp48°F
Rain30.7 in/yr
Elevation1,391 ft
Education
C
Bachelor's+18.4%
High School+59.8%
Graduate+6.7%
School Score5.7/10
Community
2024 VoteR 78% / D 20%
Commute17 min
Broadband87.8%
Internet Speed34 Mbps
EV Stations1
Libraries4
Did You Know?
Wakefield was founded in 1881.
The median home in Wakefield was built in 1950.
The nearest airport is Sioux Gateway/Brig General Bud Day Field (26 miles).
The Gini coefficient (income inequality) is 0.488 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
10.6% of the population has a disability.
27.5% of residents are foreign-born.
The county recorded 1 fatal vehicle crashes.