With 11,930 people, Wakefield is a city in Virginia. Households here earn about 155% more than in Virginia as a whole. The median household earns $237,975, about 189% above the national median. 74% of adults hold a bachelor's degree, against 36% nationally. Median home value sits at $861,600. Median rent is $3,500+ a month.
At a glance
Wealthier
median household income $237,975, above the US median
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)46.8%(315)
US avg: 26.4%
Gulf War (1990s)45.9%(309)
US avg: 24.3%
Vietnam era31.2%(210)
US avg: 33.1%
Korean War5.8%(39)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 673 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Wakefield, decade by decade
Wakefield population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
2010
11,275
$206,905
$868,753
69.7%
56.8
2020
11,805
$197,691
$781,644
73.5%
68.5
2024
11,930
$237,975
$861,600
73.8%
69.7
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
