Living in Wakefield, Pennsylvania

Cost of living, income, home prices, rent and demographics of Wakefield · Census data 2020–2024

Wakefield has 573 residents with a median age of 28.8. The median household income is $70,417 (10% lower than the Pennsylvania median), the median home value is $271,100, the median rent is $1,646/month.

Wakefield is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Wakefield at a glance

Population
573
Median age
28.8State: 40.9
Median household income
$70,417State: $77,971
Median home value
$271,100State: $254,500
Median rent
$1,646/moState: $1,209
Homeowners
85.2%
Bachelor's degree or higher
10.1%
Average commute
22 min

Is Wakefield a good place to live?

Pros: An average commute of 22 minutes; a poverty rate of 5.8%.

Cons: Median household income 10% lower than the Pennsylvania median; home values 7% higher than the state median.

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 $271,100, 19% lower than the U.S. median. Renters pay a median of $1,646 per month, which is 51% of household income. Homeowners with a mortgage pay $1,909 a month in housing costs.

Median home value

Wakefield$271,100
Pennsylvania$254,500
United States$332,700

Median monthly rent

Wakefield$1,646
Pennsylvania$1,209
United States$1,413

Wakefield median household income

The median household income in Wakefield is $70,417 and the income per person is $24,471. 5.8% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Wakefield$70,417
Pennsylvania$77,971
United States$80,734

Housing in Wakefield: homes for sale and rent

Housing units
183
Owner-occupied
85.2%
Renter-occupied
14.8%
Vacant
0%Includes seasonal homes
Median year built
1984
Average household size
3.13

Wakefield demographics

Population
573
Median age
28.8
Under 18
22.3%
65 and older
17.5%
Households
183
Foreign-born
0.9%
Veterans
5.2%Adults 18+

Race and ethnicity

White89.7%
Hispanic or Latino1.7%
Black2.3%
Asian0%

Hispanic or Latino can be of any race. Population history of Wakefield ›

Education in Wakefield

10.1% of adults 25 and older in Wakefield have a bachelor's degree or higher (Pennsylvania: 35.2%), and 2.5% have a graduate or professional degree.

Bachelor's degree or higher

Wakefield10.1%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Wakefield

Unemployment rate
0%State: 5.3%
Average commute
22 minState: 26 min
Work from home
0%
Drive alone
57.3%
Public transit
0%
Walk to work
4.8%
Homes with broadband
78.1%

Wakefield vs nearby towns

TownPopulationMedian incomeHome valueRent
Wakefield573$70,417$271,100$1,646
Fulton3,215$78,990$262,500$1,403
Little Britain4,146$87,331$375,500$1,281
Drumore2,593$82,969$351,800$935
East Drumore3,929$78,844$303,700$2,101
Kirkwood307$75,875$368,800—
West Nottingham2,823$76,853$281,900$1,323
Peach Bottom5,007$84,737$271,700—
Colerain3,945$82,788$353,400$973

More for people moving to Wakefield

Wakefield ZIP code ›Weather and climate ›

Living in Wakefield: FAQ

What is the median household income in Wakefield, PA?

The median household income in Wakefield is $70,417, 10% lower than the Pennsylvania median of $77,971 (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 $271,100, compared with $254,500 in Pennsylvania.

How much is rent in Wakefield?

The median gross rent in Wakefield is $1,646 per month, about 51% of household income.

Is Wakefield, PA a good place to live?

Pluses: an average commute of 22 minutes; a poverty rate of 5.8%. Minuses: median household income 10% lower than the Pennsylvania median; home values 7% higher than the state median.

What is the median age in Wakefield?

The median age in Wakefield is 28.8 years (Pennsylvania: 40.9).

How long is the commute in Wakefield?

The average commute to work in Wakefield is 22 minutes; 0% of workers work from home.

What is the unemployment rate in Wakefield?

The unemployment rate in Wakefield is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Wakefield?

10.1% 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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