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ZipNumbers

Nebraska · Census place 51070

Wakefield city, NE

Quick answer

Wakefield city has 1,288 residents, ranking #98 of 593 places in Nebraska. Median household income is $57,500, the median home is worth $110,300 and median gross rent runs $808 a month.

Population
1,288Wakefield city residents
Median household income
$57,500Past 12 months, inflation adjusted
Median home value
$110,300Owner-occupied units
Median gross rent
$808Rent plus utilities, monthly
Median age
37.1 yrsAll residents
Homeownership rate
63.7%Owner-occupied households

What the numbers mean in Wakefield city

Housing cost measured against local earnings.

A household earning the Wakefield city median would spend about 16.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5% of residents and 63.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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