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Wakefield city, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Wakefield city, Nebraska has a total population of 1,288, the 98th largest city in Nebraska, with a median household income of $57,500, which is 23% lower than the state average. The poverty rate is 5.0%.

Key Takeaways

Wakefield city Quick Facts

Population 1,288
Median Household Income $57,500
Median Home Value $110,300
Poverty Rate 5.0%
Unemployment Rate 4.2%
Median Age 37.1 years
Homeownership Rate 63.7%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 18.4%
High School Graduation Rate 59.8%
Diversity Index 50/100
Population 1,288 98th of 584
Median Income $57,500 below average
Poverty Rate 5.0% 60% lower national
Median Home Value $110,300 average

How Wakefield city Compares

Economy & Housing

Employment

4.2% Unemployment Rate State: 3.0% | National: 5.2%
71.2% Labor Force Participation

Housing Overview

Owner 63.7%
Renter 36.3%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

50out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 40 | National average: 60

Education

Wakefield city Rankings in Nebraska

#98 Population of 584
#331 Median Income of 584
#310 Education of 584
#254 Home Value of 584

Cities Similar to Wakefield city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wymore city1,287$56,051$57,60013.0%10.7%
Plainview city1,241$56,100$86,90015.4%10.6%
Pender village1,262$67,419$165,90030.8%5.0%
Bridgeport city1,403$59,643$100,60021.2%11.8%
Ravenna city1,352$64,844$129,60013.9%13.8%

Population Overview

Wakefield city is a small community located in Nebraska. The total population is 1,288. It ranks as the 98th most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Wakefield city is 37.1 years. This is about average than the state median of 37.1 years. With 35.0% of the population under 18, Wakefield city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Wakefield city is $57,500. This is 23% lower than the state median of $74,985. Compared to the national median of $78,538, household income here is 27% lower. The poverty rate stands at 5.0%. This is 51% lower than the state poverty rate of 10.3%. The unemployment rate is 4.2%. This is 42% higher than the state rate of 3.0%. The median home value is $110,300. Housing costs are 51% lower than the state median of $223,800. With a home-value-to-income ratio of just 1.9x, Wakefield city is one of the most affordable housing markets in the area. 63.7% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in Wakefield city is Hispanic or Latino, making up 56.1% of the population. White (non-Hispanic) residents account for 42.5%. The Hispanic or Latino population is significantly higher than the state average (56.1% vs 12.3%).

Education

18.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 46% lower than the state rate of 34.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 59.8%.

Data Sources & Methodology

All demographic data for Wakefield city, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 584 Census-designated places in Nebraska. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Wakefield city, Nebraska?

Wakefield city, Nebraska has a population of 1,288 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wakefield city, NE?

The median household income in Wakefield city is $57,500, which is 27% lower the national median of $78,538.

What is the poverty rate in Wakefield city, NE?

The poverty rate in Wakefield city is 5.0%. This means approximately 62 residents live below the federal poverty line.

What is the racial makeup of Wakefield city, Nebraska?

Wakefield city's population is 42.5% White, 0.0% Black, 56.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Wakefield city, NE?

The median home value in Wakefield city is $110,300. The home-value-to-income ratio is 1.9x.

How educated is Wakefield city, Nebraska?

18.4% of adults (25+) in Wakefield city hold a bachelor's degree or higher, and 8.7% hold a graduate or professional degree.