Wakefield, VA
Full City Profile · Virginia · Fairfax County County
4.8
/5.0
A+
Excellent
12,024
Population
287/sq mi density
$221,793
Median Income
$76,899 per capita
$826,100
Home Value
$215,863 Zillow
$3,501
Median Rent
21.6% income on rent
54°F
Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.9 / 5.0
$221,793 median income, 2.5% unemployment
A+
Affordability
4.6 / 5.0
$826,100 home value, $3,501/mo rent
A+
Education
5.0 / 5.0
73.8% bachelor's degree or higher
Income Overview
Median Household Income
$221,793
195% above
US avg: $75,149
Per Capita Income
$76,899
97% above
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
0.5%
96% below
US avg: 12.4%
Income Comparison: Wakefield vs. U.S. Average
Each bar shows Wakefield’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$221,793
295%
Per Capita
US: $39,052
$76,899
197%
IRS Avg AGI
US: $72,000
$154,902
215%
Avg Weekly Wage
US: $1,432
$2,194
153%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$2,194
53% above US avg ($1,432)
Mean Commute Time
30 min
9% above US avg (28 min)
Work From Home
26.5%
74% above US avg (15.2%)
Drive Alone
63.1%
14% below US avg (73.2%)
Public Transit
2.9%
42% below US avg (5.0%)
How Residents Get to Work
Drive Alone
63.1%
Public Transit
2.9%
Work From Home
26.5%
Other
7.5%
Average commute time
30 minutes
US avg: 28 min
Business Landscape
Total Establishments
38,934
Restaurants
2,517
Healthcare
3,709
Retail
2,483
Manufacturing
332
Tax & Financial
IRS Avg Adjusted Gross Income
$154,902
115% above US avg ($72,000)
Avg Property Tax
$9,555
173% above US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $221,793 |
| Per Capita Income | $76,899 |
| IRS Avg Adjusted Gross Income | $154,902 |
| Avg Weekly Wage | $2,194 |
Hardship Indicators
| Unemployment Rate | 2.5% |
| Poverty Rate | 0.5% |
| Gini Coefficient | 0.432 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 63.1% |
| Public Transit | 2.9% |
| Work From Home | 26.5% |
Businesses
| Total Establishments | 38,934 |
| Restaurants | 2,517 |
| Healthcare | 3,709 |
| Retail | 2,483 |
| Manufacturing | 332 |
Tax
| IRS Avg AGI | $154,902 |
| Avg Property Tax | $9,555 |