Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Cost Of Living
This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.
Located in the state of Virginia, Wakefield is a medium-sized city with a population of 11,413 people. In Wakefield, there are 3,025 people per square mile, which is well above the national population density average. The majority of Wakefield residents report their race to be White; this is followed by Asian and Black. Wakefield is known to be family friendly as more than 71% of the population has already tied the knot. It might also be worth noting that 47% of residents also have children under the age of 18. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Wakefield offers up a higher than average one way commute time of 33 minutes.
Are you trying to ascertain if living in Wakefield is the right fit for your lifestyle? To ensure a great experience before moving to any new city in Virginia, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Wakefield and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, commute, health & safety, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Virginia and national averages.
The livability score in Wakefield is 72 out of 100 and the city is ranked in the 83rd percentile of all cities across America. Based on the rankings for each individual category, Wakefield has been rewarded with high marks for crime (A+), education (B-) and housing (A-). There are some categories that Wakefield ranks poorly for, including: amenities (F) and cost of living (F). It might be worth taking a closer look to find out why.
The Wakefield unemployment rate of 2.14% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Wakefield excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Wakefield real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Wakefield. The median home price for Wakefield homes is $644,900, which is 159.6% higher than the Virginia average. If we take a closer look at the affordability of homes in Wakefield, we’ll see that the home price to income ratio is 4, which is 5.3% higher than the Virginia average.
| Statistic | Wakefield | Virginia | National |
| Average one way commute | 33min | 28min | 26min |
| Workers who drive to work | 68.3% | 77.4% | 76.4% |
| Workers who carpool | 8.7% | 9.5% | 9.3% |
| Workers who take public transit | 4.8% | 4.5% | 5.1% |
| Workers who bicycle | 0.4% | 0.4% | 0.6% |
| Workers who walk | 1.7% | 2.4% | 2.8% |
| Working from home | 15.1% | 4.7% | 4.6% |
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