Median Income
$52,679
household / year
Median Home Value
$128,600
owner-occupied
Median Rent
$1,031
gross / month
Cost of Living
98
national avg = 100

Is Wakefield, VA a Good Place to Live?

Wakefield is a small town of 1,286 in Virginia, with a median household income of $52,679 and a 4.3% unemployment rate. Its cost of living index is 98 (US average = 100), which is 2% below the national average.

Strengths: Wakefield stands out for below-average home prices.

Trade-offs: Potential downsides include longer commutes. Whether Wakefield is right for you depends on your priorities — the full breakdown is below.

All Wakefield city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 98.0

Wakefield's overall cost of living index is 98.0, where 100 represents the US national average. Living in Wakefield costs roughly 2% less than the average American city.

Metric Wakefield, VA National Avg
Median Home Value $128,600 $244,900
Median Monthly Rent $1,031 $1,163
Homeownership Rate 65.8% 65.9%
Median Household Income $52,679 $74,755

Crime & Safety

Safer than Average

Wakefield's violent crime rate is 358.5 per 100,000 residents — 6% lower than the national average of ~380 per 100,000.

Violent Crime
358.5 /100k
Property Crime
1129.1 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Wakefield, VA National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 19.4% 35.4%
High School Diploma or Higher 85.7% 91.1%

Weather & Climate

Wakefield sees average highs of 50.2°F in January and 89.7°F in July, with 51.7 inches of annual precipitation and 6.4 inches of snow per year.

MetricWakefield, VA
Average High — January50.2°F
Average High — July89.7°F
Annual Precipitation51.7"
Annual Snowfall6.4"

Demographics

MetricWakefield, VANational Avg
Population1,286
Median Age29.338.9
Unemployment Rate4.3%3.7%
Avg Commute Time36.7 min26 min
White (non-Hispanic)37.0%59.3%
Black or African American60.7%13.6%
Hispanic or Latino1.0%18.9%
Asian0.2%6.3%
Under 1810.8%22.2%
65 and over15.8%16.8%

Nearby Cities

ZIP Codes in Wakefield

Wakefield, VA is covered by 1 ZIP code:

Wakefield vs Other Cities

Frequently Asked Questions

Wakefield's cost of living index is 98, where 100 is the national average. That makes Wakefield roughly 2% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $128,600 and median rent is $1,031/month.
Wakefield's violent crime rate is 358.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1129.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Wakefield, VA has a population of 1,286, a median household income of $52,679, and an unemployment rate of 4.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Wakefield averages 50.2°F in January and 89.7°F in July. Annual rainfall is 51.7 inches with about 6.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Wakefield, VA is covered by 1 ZIP code: 23888.
The population of Wakefield, Virginia is 1,286 with a median age of 29.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Wakefield: cost of living index 98 (100 = US average), median home $128,600, median household income $52,679, crime index 78 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Wakefield side by side with your current city to see the trade-offs.