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CITY · 2020 ACS

Wakefield

Virginia · 11,805 residents · 3.773 sq mi
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The short version

Wakefield is significantly wealthier than the US average, with a median household income of $163,106. Population has held roughly steady since 2019. 73% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $644,900. Poverty is rare here, at 2.0% of residents. Households here earn about 113% more than the Virginia median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 43.7
US median: 38.8
More educated
73% 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
11,805
+2%since 2019
from 11,554 in 2019
2010 – 2024
Population density
3,129 / sq mi
+2%since 2019
from 3,062 / sq mi in 2019
US average: 280
Median age
43.7
−4%since 2019
from 45.4 in 2019
US average: 38.8
Population, 2010 – 2024
11K12K12K13K13K201020202024Wakefield
202412K
201020202024
Section 02

Income & economy

Median household income
$163,106
+3%inflation adjusted, since 2019
from $155,729 in 2019
US average: $66,278
2010 – 2024
Per capita income
$60,637
+3%since 2019
from $58,815 in 2019
US average: $35,364
Households earning $100K+
85.6%
+1.4 ptssince 2019
from 84.2% in 2019
US average: 43.9%
Poverty rate
2.0%
−0.7 ptssince 2019
from 2.6% in 2019
US average: 12.8%
Workforce by industry, 2020
Other services9.4%
US avg: 6.6%
Information5.6%
US avg: 11.1%
Public administration5.4%
US avg: 4.7%
Wholesale trade4.6%
US avg: 6.7%
Finance & insurance2.7%
US avg: 5.5%
Professional, scientific, technical2.4%
US avg: 4.7%
Retail trade2.3%
US avg: 10%
Arts, entertainment, food2%
US avg: 2%
Agriculture, forestry, fishing0.5%
US avg: 1.7%
Construction0.5%
US avg: 1.2%
Transportation & warehousing0.4%
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
$644,900
+1%inflation adjusted, since 2019
from $632,600 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$3,063
+5%inflation adjusted, since 2019
from $2,877 in 2019
US average: $1,124
Owner-occupied
90.9%
−3.4 ptssince 2019
from 94.3% in 2019
9.1% rent
Afford Score
4.0
−3%since 2019
from 4.1 in 2019
2010 – 2024
RELATED:See current rent listings in Wakefield on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic65.5%(7,567)
Black2.3%(269)
Hispanic / Latino8.5%(985)
Asian21.2%(2,453)
Other2.4%(280)
Diversity Score64.7%(7,475)
2020
White, non-Hispanic63.8%(7,537)
Black3.2%(372)
Hispanic / Latino8%(949)
Asian18.6%(2,199)
Other4.4%(524)
Diversity Score66.3%(7,830)
Diversity Score
66
+3%since 2019
from 65 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
73.5%
+1.2 ptssince 2019
from 72.3% in 2019
US average: 32.9%
High school or higher
97.0%
+0.1 ptssince 2019
from 96.9% in 2019
US average: 88.5%
Graduate degree
39.7%
+1.1 ptssince 2019
from 38.6% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
32.9 min
Unchangedsince 2019
from 33.1 min in 2019
US average: 26.9
Drive alone to work
68.3%
−4.7 ptssince 2019
from 73.0% in 2019
US average: 75.1%
No vehicle available
0.7%
−0.1 ptssince 2019
from 0.8% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.4%
−0.8 ptssince 2019
from 4.2% in 2019
US average: 5.4%
Labor force participation
64.7%
−0.3 ptssince 2019
from 65.0% in 2019
US average: 63.4%
Management & professional
63.8%
−2.1 ptssince 2019
from 65.9% in 2019
US average: 39.3%
Section 08

People & community

Male
48.5%
−1.0 ptssince 2019
from 49.5% in 2019
Female
51.5%
+1.0 ptssince 2019
from 50.5% in 2019
Foreign born
21.0%
−0.5 ptssince 2019
from 21.5% in 2019
US average: 13.5%
Uninsured
2.3%
−1.6 ptssince 2019
from 3.9% in 2019
US average: 8.8%
Drill deeper

Places similar to Wakefield

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Compare Wakefield to nearby cities

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WAKEFIELD VS
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WAKEFIELD VS
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WAKEFIELD VS
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Frequently asked

How many people live in Wakefield, Virginia?

Wakefield, Virginia has about 11,805 residents according to the 2020 American Community Survey.

What is the median household income in Wakefield, Virginia?

The typical household in Wakefield, Virginia earns about $163,106 a year. Half of households make more than that, and half make less.

Is Wakefield, Virginia expensive?

In Wakefield, Virginia, the median home is worth about $644,900, and the typical rent is about $3,063 a month.

How educated are people in Wakefield, Virginia?

About 73.5% of adults age 25 and over in Wakefield, Virginia hold a bachelor's degree or higher.

What is the poverty rate in Wakefield, Virginia?

About 2.0% of people in Wakefield, Virginia 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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