Living in Wakefield, Nebraska
Cost of living, income, home prices, rent and demographics of Wakefield · Census data 2020–2024
Wakefield has 1,305 residents with a median age of 37.1. The median household income is $56,964 (26% lower than the Nebraska median), the median home value is $116,500, the median rent is $717/month.
Wakefield is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Wakefield at a glance
- Population
- 1,305
- Median age
- 37.1State: 37.2
- Median household income
- $56,964State: $76,475
- Median home value
- $116,500State: $238,600
- Median rent
- $717/moState: $1,072
- Homeowners
- 58.8%
- Bachelor's degree or higher
- 16.7%
- Average commute
- 19 min
Is Wakefield a good place to live?
Pros: Home values 51% lower than the state median; an average commute of 19 minutes; a poverty rate of 7.5%.
Cons: Median household income 26% lower than the Nebraska median; unemployment of 3.9%.
The weather is best in May–June and August–September.
Cost of living in Wakefield
Housing is the biggest part of the cost of living. In Wakefield the median home value is $116,500, 65% lower than the U.S. median. Renters pay a median of $717 per month, which is 26.9% of household income. Homeowners with a mortgage pay $1,161 a month in housing costs.
Wakefield median household income
The median household income in Wakefield is $56,964 and the income per person is $22,947. 7.5% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Wakefield: homes for sale and rent
- Housing units
- 437
- Owner-occupied
- 58.8%
- Renter-occupied
- 41.2%
- Vacant
- 2.7%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 3.01
Wakefield demographics
- Population
- 1,305
- Median age
- 37.1
- Under 18
- 35.4%
- 65 and older
- 18.6%
- Households
- 425
- Foreign-born
- 27.4%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Wakefield ›
Education in Wakefield
16.7% of adults 25 and older in Wakefield have a bachelor's degree or higher (Nebraska: 34.6%), and 6.6% have a graduate or professional degree.
Jobs and commute in Wakefield
- Unemployment rate
- 3.9%State: 3%
- Average commute
- 19 minState: 19 min
- Work from home
- 6.6%
- Drive alone
- 72.5%
- Public transit
- 0%
- Walk to work
- 7.4%
- Homes with broadband
- 92.2%
Wakefield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wakefield | 1,305 | $56,964 | $116,500 | $717 |
| Emerson | 885 | $57,292 | $116,400 | $703 |
| Wayne | 6,121 | $53,702 | $228,900 | $792 |
| Allen | 468 | $59,464 | $131,300 | $644 |
| Concord | 143 | $81,429 | $86,400 | — |
| Thurston | 100 | $71,667 | $106,300 | $705 |
| Pender | 1,379 | $73,125 | $175,000 | $875 |
| Hubbard | 190 | $58,750 | $185,700 | — |
| Laurel | 1,018 | $58,519 | $164,200 | $815 |
More for people moving to Wakefield
Wakefield ZIP code ›Weather and climate ›Living in Wakefield: FAQ
What is the median household income in Wakefield, NE?
The median household income in Wakefield is $56,964, 26% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Wakefield?
The median home value in Wakefield is $116,500, compared with $238,600 in Nebraska.
How much is rent in Wakefield?
The median gross rent in Wakefield is $717 per month, about 26.9% of household income.
Is Wakefield, NE a good place to live?
Pluses: home values 51% lower than the state median; an average commute of 19 minutes; a poverty rate of 7.5%. Minuses: median household income 26% lower than the Nebraska median; unemployment of 3.9%.
What is the median age in Wakefield?
The median age in Wakefield is 37.1 years (Nebraska: 37.2).
How long is the commute in Wakefield?
The average commute to work in Wakefield is 19 minutes; 6.6% of workers work from home.
What is the unemployment rate in Wakefield?
The unemployment rate in Wakefield is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wakefield?
16.7% of adults in Wakefield have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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