
Wakefield-Peacedale is a small city located in the state of Rhode Island. The city has a population of 9,250 inhabitants. At 90%, the majority of the Wakefield-Peacedale population is White; this is followed by 3% American Indian and Alaskan and 2% Black. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Wakefield-Peacedale, your commute times will be about average, with a one way commute time of 24 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Wakefield-Peacedale, Rhode Island could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Wakefield-Peacedale and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, commute, health & safety, you will see a detailed breakdown of the most important information as well as comparisons to the Rhode Island and national averages.
With a livability score of 73/100, Wakefield-Peacedale is ranked #4,867 in the United States and #8 in Rhode Island. Based on the rankings for each individual category, Wakefield-Peacedale has been rewarded with high marks for crime (A+), education (A-), employment (B-) and housing (B+). Unfortunately for Wakefield-Peacedale, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Wakefield-Peacedale market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Wakefield-Peacedale is actually affordable. The median home price for Wakefield-Peacedale homes is $525,839, which is 19.7% higher than the Rhode Island average. If we take a closer look at the affordability of homes in Wakefield-Peacedale, we’ll see that the home price to income ratio is 5.3, which is 3.9% higher than the Rhode Island average.
| Statistic | Wakefield-Peacedale | Rhode Island | National |
| Average one way commute | 24min | 24min | 26min |
| Workers who drive to work | 83.5% | 79.8% | 76.4% |
| Workers who carpool | 4.3% | 8.5% | 9.3% |
| Workers who take public transit | 2.4% | 2.8% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 4.2% | 3.8% | 2.8% |
| Working from home | 3.2% | 3.7% | 4.6% |