Wakefield, NE
Population 1,288 · Nebraska
About Wakefield, NE
Wakefield is a small community in Nebraska with a population of 1,288 residents. The median household income is $57,500 per year, which is near the national average. The median age in Wakefield is 37.1 years.
Housing in Wakefield has a median home value of $110,300 and median monthly rent of $808. Of the 455 total housing units, the majority are owner-occupied, with 283 owner-occupied and 161 renter-occupied units.
The unemployment rate in Wakefield is 4.2% and the poverty rate is 5.0%. 18.4% of residents hold a bachelor's degree or higher. The average commute time is 16.9 minutes.
Cost of Living in Wakefield, NE
Compared to national averages, Wakefield has a median household income of $57,500 (23% below the national median of $75,149). Home values average $110,300, which is 55% below the national median. Monthly rent at $808 is 31% below the US average of $1,163. Within Nebraska, Wakefield's income is 13% below the state average of $65,895, and home values are 12% below the state median of $125,824.
Why Live in Wakefield, NE?
Wakefield offers affordable housing with a median home value of $110,300, below the US average of $244,900, and rent that’s lower than the national average at $808/month, and a low poverty rate of 5.0%, better than the national average. Additionally, the city features short commute times averaging just 16.9 minutes.
Potential considerations include median household income ($57,500) that falls below the national average. However, Wakefield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wakefield has a population of 1,288 with a median age of 37.1 years. Compare Wakefield with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Wakefield
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wymore | 1,287 | $56,051 | $57,600 | Compare |
| Pender | 1,262 | $67,419 | $165,900 | Compare |
| Fort Calhoun | 1,246 | $96,071 | $271,600 | Compare |
| Weeping Water | 1,244 | $67,083 | $191,600 | Compare |
| Plainview | 1,241 | $56,100 | $86,900 | Compare |
| Sutton | 1,349 | $80,714 | $151,300 | Compare |
| North Bend | 1,225 | $84,345 | $162,700 | Compare |
| Ravenna | 1,352 | $64,844 | $129,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Wakefield
What is the population of Wakefield, NE?
The population of Wakefield, NE is 1,288 according to the latest Census data.
What is the median household income in Wakefield?
The median household income in Wakefield, NE is $57,500 per year.
What is the median home value in Wakefield?
The median home value in Wakefield, NE is $110,300.
What is the average rent in Wakefield?
The median monthly rent in Wakefield, NE is $808.
What is the unemployment rate in Wakefield?
The unemployment rate in Wakefield, NE is 4.2%.