Wakefield, Nebraska Demographics & Population 2026
During the 2020–2024 ACS period, Wakefield, Nebraska had a total population of 1,305, the 100th largest city in Nebraska, with a median household income of $56,964, which is 26% lower than the state average. The poverty rate is 7.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
Wakefield Quick Facts
How Wakefield Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,288 | 1,305 | +1.3% |
| Median household income | $57,500 | $56,964 | -0.9% |
| Median home value | $110,300 | $116,500 | +5.6% |
How Wakefield Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Wakefield Rankings in Nebraska
Explore Nebraska Rankings
Other Cities in Wayne County
Cities Similar to Wakefield
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Wymore | 1,320 | $57,090 | $64,200 | 12.7% | 11.2% |
| Plainview | 1,281 | $54,766 | $96,000 | 15.2% | 10.9% |
| Bridgeport | 1,342 | $60,404 | $105,100 | 18.1% | 15.5% |
| Ravenna | 1,382 | $64,423 | $135,900 | 16.4% | 12.6% |
| Fullerton | 1,346 | $47,750 | $128,500 | 18.4% | 26.9% |
Population Overview
Wakefield is a small community located in Nebraska, within Wayne County. The total population is 1,305. It ranks as the 100th most populous out of 583 Census-designated places in Nebraska.
Age Demographics
The median age in Wakefield is 37.1 years. This is about the same as the state median of 37.2 years. With 35.4% of the population under 18, Wakefield has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Wakefield is $56,964. This is 26% lower than the state median of $76,475. It is also 29% lower than the national median of $80,734. The poverty rate stands at 7.5%. This is 29% lower than the state poverty rate of 10.6%. The unemployment rate is 3.9%. This is 28% higher than the state rate of 3.0%. The median home value is $116,500. Housing costs are 51% lower than the state median of $238,600. With a home-value-to-income ratio of just 2.0x, Wakefield is one of the most affordable housing markets in the area. 58.8% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 66.5%.
Race & Ethnicity
The largest racial or ethnic group in Wakefield is Hispanic or Latino, making up 57.7% of the population. White (non-Hispanic) residents account for 40.9%. The Hispanic or Latino population is significantly higher than the state average (57.7% vs 12.7%).
Education
16.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 52% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 63.9%.
Data Sources & Methodology
All demographic data for Wakefield, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Wakefield, Nebraska?
Wakefield, Nebraska has a population of 1,305 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Wakefield, NE?
The median household income in Wakefield is $56,964, which is 29% lower than the national median of $80,734.
What is the poverty rate in Wakefield, NE?
The poverty rate in Wakefield is 7.5%. This means approximately 95 residents live below the federal poverty line.
What is the racial makeup of Wakefield, Nebraska?
Wakefield's population is 40.9% White, 0.0% Black, 57.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Wakefield, NE?
The median home value in Wakefield is $116,500. The home-value-to-income ratio is 2.0x.
How educated is Wakefield, Nebraska?
16.7% of adults (25+) in Wakefield hold a bachelor's degree or higher, and 6.6% hold a graduate or professional degree.