Wakefield, MI Employment - Median Household Income, Unemployment Rate

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D

5%

Income/capita NAT. AVG.

35%

Household income NAT. AVG.

69%

Unemployment NAT. AVG.

Index	Wakefield	Michigan	National
Income per capita	$42,857	$40,534	$44,883
Median household income	$53,111	$74,200	$81,333
Median income owner occupied	$60,646	$92,757	$106,172
Median income renter occupied	$24,719	$42,775	$52,080
Median earnings male	$53,391	$52,653	$54,343
Median earnings female	$24,295	$34,413	$38,439
Unemployment rate	1.5%	5.5%	4.9%
Poverty level	21.4%	16.3%	15.1%

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Key findings

The income per capita in Wakefield is 5% lower than the national average
The median household income in Wakefield is 35% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Wakefield is 69% lower than the national average
The poverty level in Wakefield is 41% higher than the national average

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am i middle class

$35,403 $53,111 $106,222

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Wakefield median earnings by income bracket

Wakefield employment by industry

Labour Type	Male	Female
Construction industry	26.3%	26.3%
Manufacturing sector	19.1%	19.1%
Financial & insurance services	5.6%	5.6%
Wholesale & retail services	13.3%	13.3%
Public administration	8.4%	8.4%
Transportation, warehousing & utilities	6.1%	6.1%
Education, health & social services	8.7%	8.7%
Other	12.5%	12.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Marenisco, MI	186	$68,233	16.1%
Montreal, WI	723	$65,475	19.5%
Bessemer, MI	1,701	$62,634	23.0%
Hurley, WI	1,434	$49,858	38.7%
Ironwood, MI	5,076	$41,300	49.2%
Wakefield, MI	1,720	$53,111	34.7%

Cities with similar population

City	Population	Household Income	National Avg.
Cedar Bluff, AL	1,720	$47,443	41.7%
Oriole Beach, FL	1,720	$88,671	9.0%
Olivet, MI	1,720	$55,342	32.0%
Yacolt, WA	1,720	$100,720	23.8%
Plainville, KS	1,721	$78,504	3.5%
Wakefield, MI	1,720	$53,111	34.7%

Source: The Wakefield, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.