CensusEasy
CITY · 2020 ACS

Wakefield-Peace Dale

Rhode Island · 8,925 residents · 4.93 sq mi
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The short version

Wakefield-Peace Dale is significantly wealthier than the US average, with a median household income of $87,684. Population has declined 11% since 2021. 48% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $343,500. With a median age of 45.9, the population is older than the US median of 38.8.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 45.9
US median: 38.8
More educated
48% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
8,925
−11%vs 2021
vs 10,027 in 2021
2020 – 2024
Population density
1,810 / sq mi
−11%vs 2021
vs 2,034 / sq mi in 2021
US average: 280
Median age
45.9
+20%vs 2021
vs 38.4 in 2021
US average: 38.8
Population, 2020 – 2024
9K9K9K10K10K20202024Wakefield-Peace Dale
20249K
20202024
Section 02

Income & economy

Median household income
$87,684
+6%inflation adjusted, since 2021
vs $86,250 in 2021
US average: $66,278
2020 – 2024
Per capita income
$41,332
−4%vs 2021
vs $42,957 in 2021
US average: $35,364
Households earning $100K+
53.4%
Unchangedvs 2021
vs 53.4% in 2021
US average: 43.9%
Poverty rate
6.8%
−1.8 ptsvs 2021
vs 8.6% in 2021
US average: 12.8%
Workforce by industry, 2020
Information12.3%
US avg: 11.1%
Retail trade8.5%
US avg: 10%
Other services4.1%
US avg: 6.6%
Finance & insurance3.2%
US avg: 5.5%
Professional, scientific, technical2.8%
US avg: 4.7%
Public administration2.1%
US avg: 4.7%
Arts, entertainment, food2.1%
US avg: 2%
Wholesale trade1.9%
US avg: 6.7%
Agriculture, forestry, fishing1.4%
US avg: 1.7%
Construction1.4%
US avg: 1.2%
Transportation & warehousing1.2%
US avg: 2.5%
Education & health services0.3%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$343,500
−1%inflation adjusted, since 2021
vs $364,800 in 2021
US average: $265,253
2020 – 2024
Median gross rent
$903
−10%inflation adjusted, since 2021
vs $1,054 in 2021
US average: $1,124
Owner-occupied
70.4%
+4.1 ptsvs 2021
vs 66.3% in 2021
29.6% rent
Afford Score
3.9
−7%vs 2021
vs 4.2 in 2021
2020 – 2024
RELATED:See current rent listings in Wakefield-Peace Dale on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic82.6%(8,284)
Black3.2%(318)
Hispanic / Latino3.3%(327)
Asian2.2%(220)
Other8.8%(878)
Diversity Score38.4%(3,851)
2020
White, non-Hispanic83.6%(7,463)
Black2%(175)
Hispanic / Latino4%(355)
Asian2%(182)
Other6.5%(582)
Diversity Score33.3%(2,976)
Diversity Score
33
−13%vs 2021
vs 38 in 2021
2020 – 2024
Section 05

Education

Bachelor's degree or higher
47.6%
−2.8 ptsvs 2021
vs 50.4% in 2021
US average: 32.9%
High school or higher
92.6%
+0.5 ptsvs 2021
vs 92.0% in 2021
US average: 88.5%
Graduate degree
22.1%
−2.1 ptsvs 2021
vs 24.2% in 2021
US average: 12.7%
Section 06

Commute & transportation

Average commute
23.7 min
−4%vs 2021
vs 24.7 min in 2021
US average: 26.9
Drive alone to work
82.0%
+2.5 ptsvs 2021
vs 79.5% in 2021
US average: 75.1%
No vehicle available
6.2%
−0.3 ptsvs 2021
vs 6.4% in 2021
US average: 8.4%
Section 07

Work & employment

Unemployment rate
9.0%
+1.5 ptsvs 2021
vs 7.6% in 2021
US average: 5.4%
Labor force participation
67.2%
−1.5 ptsvs 2021
vs 68.8% in 2021
US average: 63.4%
Management & professional
48.5%
−5.0 ptsvs 2021
vs 53.5% in 2021
US average: 39.3%
Section 08

People & community

Male
49.1%
+0.4 ptsvs 2021
vs 48.7% in 2021
Female
50.9%
−0.4 ptsvs 2021
vs 51.3% in 2021
Foreign born
3.7%
−0.8 ptsvs 2021
vs 4.5% in 2021
US average: 13.5%
Uninsured
3.8%
+1.3 ptsvs 2021
vs 2.5% in 2021
US average: 8.8%
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Compare Wakefield-Peace Dale to nearby cities

WAKEFIELD-PEACE DALE VS
Newport
Income$86,313−2%
Home value$746,900+117%
Population24,251+161%
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WAKEFIELD-PEACE DALE VS
Newport East
Income$89,028+2%
Home value$485,400+41%
Population11,069+19%
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WAKEFIELD-PEACE DALE VS
Westerly
Income$95,207+9%
Home value$448,800+31%
Population18,411+98%
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WAKEFIELD-PEACE DALE VS
Warwick
Income$88,708+1%
Home value$354,600+3%
Population84,187+805%
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Frequently asked

How many people live in Wakefield-Peace Dale, Rhode Island?

Wakefield-Peace Dale, Rhode Island has about 8,925 residents according to the 2020 American Community Survey.

What is the median household income in Wakefield-Peace Dale, Rhode Island?

The typical household in Wakefield-Peace Dale, Rhode Island earns about $87,684 a year. Half of households make more than that, and half make less.

Is Wakefield-Peace Dale, Rhode Island expensive?

In Wakefield-Peace Dale, Rhode Island, the median home is worth about $343,500, and the typical rent is about $903 a month.

How educated are people in Wakefield-Peace Dale, Rhode Island?

About 47.6% of adults age 25 and over in Wakefield-Peace Dale, Rhode Island hold a bachelor's degree or higher.

What is the poverty rate in Wakefield-Peace Dale, Rhode Island?

About 6.8% of people in Wakefield-Peace Dale, Rhode Island live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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