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Virginia · Census place 82371

Wakefield CDP, VA

Quick answer

Wakefield CDP has 12,024 residents, ranking #114 of 688 places in Virginia. Median household income is $221,793, the median home is worth $826,100 and median gross rent runs $3,501 a month.

Population
12,024Wakefield CDP residents
Median household income
$221,793Past 12 months, inflation adjusted
Median home value
$826,100Owner-occupied units
Median gross rent
$3,501Rent plus utilities, monthly
Median age
41.4 yrsAll residents
Homeownership rate
92.1%Owner-occupied households

What the numbers mean in Wakefield CDP

Housing cost measured against local earnings.

A household earning the Wakefield CDP median would spend about 18.9% 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 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.5% of residents and 92.1% 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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