Wakefield, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Wakefield, MI: Quick Facts & Overview
- Population: 1,683 residents (83 people per sq. mi.)
- Average House Price: $79,173
- Average Household Income: $55,759
Wakefield, MI is located in the state of Michigan. It is home to about 1,683 people, with around 83 residents living in every square mile.
If you want to buy a house in Wakefield, the average price is around $79,173. That makes local housing 64% lower than the Michigan average of $221,733, and 74% lower than the national average of $308,592.
The average household in Wakefield earns about $55,759 a year. This income is 24% lower than the average family in Michigan ($73,374), and 29% lower than the national average ($78,686).
Population
1,683
Median Household Income
$55,759
Median Home Value
$79,173
Median Age
52.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $31,357 |
| Labor Force Participation | 49.1% |
| Unemployment Rate | 4.1% |
| Average Commute Time | 21.7 mins |
Housing & Community Metrics
| Home Ownership Rate | 82.1% |
| Median Rent | $649 |
| Rent Burdened (>30% Income) | 33.1% |
| Total Housing Units | 741 |
Additional Census & Housing Profile
Geographic Overview
| County | Gogebic |
| County FIPS | 26053 |
| Metro Area (CBSA) | - |
| Population Density | 82.5/sq mi |
| Coordinates (lat/lng) | 46.4767, -89.9336 |
| Timezone | America/Menominee |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.70 |
| Dual Income Families | 39.1% |
Marital Status
| Married | 45.2% |
| Never Married | 27.9% |
| Divorced | 15.4% |
| Widowed | 11.5% |
Gender
| Male | 53.7% |
| Female | 46.3% |
Health & Poverty
| Uninsured Rate (Health) | 4.7% |
| Poverty Rate | 15.0% |
Key Population Groups
| Veterans | 10.5% |
| Disabled Population | 22.0% |
| Limited English Proficiency | 4.2% |
All ZIP Codes in Wakefield
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 49968 | 2,203 | $55,759 | $93,166 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Ramsay, MI | 3.1 miles | 312 |
| Bessemer, MI | 5.5 miles | 1,733 |
| Ironwood, MI | 10.5 miles | 4,997 |
| Marenisco, MI | 12.7 miles | 223 |
| Hurley, WI | 12.8 miles | 1,354 |
| Montreal, WI | 14.8 miles | 909 |
| Pence, WI | 16.6 miles | 149 |
| Bergland, MI | 18.8 miles | 138 |
| Iron Belt, WI | 19.1 miles | 140 |
| Mercer, WI | 22.4 miles | 365 |
| White Pine, MI | 24.7 miles | 369 |
| Boulder Junction, WI | 28.5 miles | 193 |
| Birch Hill, WI | 29.7 miles | 313 |
| Ewen, MI | 31.1 miles | 281 |
| Lac du Flambeau, WI | 35.1 miles | 1,503 |
| New Odanah, WI | 35.1 miles | 275 |
| Mellen, WI | 36.2 miles | 681 |
| Bruce Crossing, MI | 36.2 miles | 257 |
| Watersmeet, MI | 37.6 miles | 250 |
| Diaperville, WI | 37.9 miles | 109 |
| Glidden, WI | 38.6 miles | 215 |
| Sayner, WI | 38.6 miles | 213 |
| Jolmaville, WI | 39 miles | 104 |
| Ontonagon, MI | 39.9 miles | 1,355 |
| Rockland, MI | 40.1 miles | 246 |
| Butternut, WI | 41.8 miles | 465 |
| Marengo, WI | 41.8 miles | 149 |
| Woodruff, WI | 41.9 miles | 580 |
| Bayfront, WI | 41.9 miles | 135 |
| Minocqua, WI | 42.7 miles | 497 |
| Park Falls, WI | 44.8 miles | 2,318 |
| Mass City, MI | 44.8 miles | 299 |
| Ashland, WI | 45.1 miles | 7,902 |
| Washburn, WI | 48 miles | 1,884 |
| Bayfield, WI | 48.2 miles | 565 |
| Lake Tomahawk, WI | 48.9 miles | 190 |
| Eagle River, WI | 50 miles | 1,528 |