Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Wakefield, MI Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

1,683

Median Agei

52.8

Race & Ethnicityi

White

93.7%1,577

Two or More

4.5%76

Asian

0.9%15

American Indian/Alaska Native

0.5%9

Hispanic/Latino

0.4%6

Educational Attainment (Age 25+)i

GED/Alternative

8.5%113

High School Diploma

32.2%426

Some College (<1 yr)

10.9%144

Some College (1+ yr)

19%252

Associate's Degree

14.6%194

Bachelor's Degree

10.2%135

Master's Degree

2.5%33

Professional Degree

0.5%7

Doctorate

0.2%2

HS or Higher

98.6%

BA or Higher

13.4%

Graduate+

3.2%

Housingi

Median Home Valuei

$79,100

Median Renti

$649

Tenure

Owner-Occupied

82.1%608

Renter-Occupied

17.9%133

Total Units

965

Homeownership

82.1%

Vacancy Rate

23.2%

Home Values

Under $50K

25.3%154

$50K–$100K

41.8%254

$100K–$150K

14.6%89

$150K–$200K

10.5%64

$200K–$300K

3.5%21

$300K–$500K

3%18

$500K–$1M

1.3%8

Rent Distribution

Under $500

$500–$750

$750–$1,000

$1,000–$1,250

Year Built

2020 or later

0.4%4

2010–2019

2.7%26

2000–2009

1.1%11

1990–1999

1.8%17

1980–1989

0.7%7

1970–1979

10.6%102

1960–1969

8%77

1950–1959

21.7%209

1940–1949

18.2%176

1939 or earlier

34.8%336

Heating Fuel

Utility Gas

67.9%503

Electricity

13.8%102

Bottled/LP Gas

10.7%79

Fuel Oil

4.2%31

Wood

2.8%21

Other

0.4%3

No Fuel

0.3%2

Economyi

Median Household Incomei

$55,759

Mean Household Incomei

$74,254

Per Capita Incomei

$34,648

Poverty Ratei

14%

Unemploymenti

4.1%

Labor Forcei

702

Household Income Distribution

Under $10K

4.6%34

$10K–$15K

7.7%57

$15K–$20K

5.1%38

$20K–$25K

7%52

$25K–$30K

4.5%33

$30K–$35K

3.6%27

$35K–$40K

1.3%10

$40K–$45K

4.9%36

$45K–$50K

6.6%49

$50K–$60K

8.4%62

$60K–$75K

8.2%61

$75K–$100K

13.2%98

$100K–$125K

11.1%82

$125K–$150K

6.5%48

$150K–$200K

2%15

$200K+

5.3%39

Foreign-Born Populationi

Foreign-Borni

150.9%

By Region

Commute & Transportationi

Workersi

673

Avg. Commutei

21.7 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

673

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

149(10.5% of civilian adults)

Health Insurancei

95.3%Insured

4.7%Uninsured