Wakefield, VA Employment - Median Household Income, Unemployment Rate

Wakefield employment information

Index	Wakefield	Virginia	National
Income per capita	$52,891	$34,967	$29,829
Median household income	$147,457	$66,149	$55,322
Median income owner occupied	$153,314	$82,180	$70,586
Median income renter occupied	$91,971	$42,481	$35,192
Median earnings male	$81,823	$41,712	$36,919
Median earnings female	$42,302	$29,664	$26,250
Unemployment rate	3.1%	3.8%	4.7%
Poverty level	2.5%	11.4%	15.1%

The Wakefield, VA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Wakefield is $52,891, which is 51% higher than than the Virginia average and 77% higher than than the national average. The median household income is $147,457, which is 123% higher than than the Virginia average and 167% higher than than the national average. The unemployment rate in Wakefield is 3%, which is 33% lower than than the national average. The poverty rate in Wakefield is 3% which is 83% lower than than the national average.

am i middle class

$98,294$147,457$294,914

City

$44,094$66,149$132,298

State

$36,877$55,322$110,644

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.

Did you know?

The income per capita in Wakefield is 77% higher than the national average.
The median household income in Wakefield is 167% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Wakefield is 33% lower than the national average.
The poverty level in Wakefield is 83% lower than the national average.

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Compare Wakefield, VA Employment To Other Cities

Employment status

Hours worked per week

Wakefield median earnings by income bracket

Wakefield employment by industry

Labour Type	Male	Female
Construction industry	6.6%	1.9%
Manufacturing sector	2.3%	0.0%
Financial & insurance services	1.1%	6.7%
Wholesale & retail services	5.6%	4.7%
Public administration	18.6%	8.7%
Transportation, warehousing & utilities	3.4%	1.0%
Education, health & social services	12.0%	27.7%
Other	47.7%	44.3%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Chevy Chase Section Five, MD	641	$250,001	352%
Chevy Chase town, MD	2,948	$250,001	352%
Chevy Chase Village, MD	2,030	$250,001	352%
Martin's Additions, MD	912	$250,001	352%
Somerset, MD	1,215	$250,001	352%
Wakefield, VA	12,697	$147,457	167%

Cities with similar population

City, State	Population	Household Income	National Avg.
Sylacauga, AL	12,696	$34,568	38%
Centralia, IL	12,696	$32,613	41%
Middle Valley, TN	12,699	$60,685	10%
Weigelstown, PA	12,693	$54,653	1%
Woodward, OK	12,693	$55,013	1%
Wakefield, VA	12,697	$147,457	167%

Source: The Wakefield, VA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).