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Wakefield, Pennsylvania Demographics & Population 2026

During the 2020–2024 ACS period, Wakefield, Pennsylvania had a total population of 573, the 1291st largest community in Pennsylvania, with a median household income of $70,417, which is 10% lower than the state average. The poverty rate is 5.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Wakefield Quick Facts

Population 573
Median Household Income $70,417
Median Home Value $271,100
Poverty Rate 5.8%
Unemployment Rate 0.0%
Median Age 28.8 years
Homeownership Rate 85.3%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 10.1%
High School Graduation Rate 63.0%
Diversity Index 19/100
Population 573 1291st of 1,991
Median Income $70,417 average
Poverty Rate 5.8% 54% lower than national
Median Home Value $271,100 top 20%

How Wakefield Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population577573-0.7%
Median household income$77,976$70,417-9.7%
Median home value$310,900$271,100-12.8%

How Wakefield Compares

Economy & Housing

Household Income Distribution

Under $25K 13.1%
$25K-$50K 27.3%
$50K-$100K 34.4%
$100K+ 25.1%
Detailed income brackets
Under $10K
5.5%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
7.6%
$25K-$30K
0.0%
$30K-$35K
7.1%
$35K-$40K
12.6%
$40K-$45K
0.0%
$45K-$50K
7.6%
$50K-$60K
2.7%
$60K-$75K
10.9%
$75K-$100K
20.8%
$100K-$125K
7.6%
$125K-$150K
3.3%
$150K-$200K
11.5%
$200K+
2.7%

Employment

0.0% Unemployment Rate State: 5.3%|National: 5.2%
60.0% Labor Force Participation

Housing Overview

Owner 85.3%
Renter 14.7%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $1,646/mo 28.1% of median household income annually

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 45 | National average: 61

Education

Wakefield Rankings in Pennsylvania

#1291 Population of 1,991
#890 Median Income of 1,854
#1698 Education of 1,987
#361 Home Value of 1,871

Other Cities in Lancaster County

CityPopulationMedian IncomePovertyHome Value
Lancaster 57,719 $63,690 20.3% $219,500
Ephrata 13,772 $69,735 7.9% $224,400
Elizabethtown 11,925 $76,105 7.6% $238,700
Columbia 10,278 $54,437 21.4% $196,500
Willow Street 9,647 $109,675 3.3% $314,700
Lititz 9,619 $88,576 4.1% $299,900
Millersville 8,982 $67,866 23.1% $277,600
Mount Joy 8,344 $90,061 9.1% $266,500
Leola 7,448 $91,154 4.8% $339,200
New Holland 5,780 $63,182 10.7% $238,100

Cities Similar to Wakefield

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Allison573N/A$96,7003.2%18.3%
Cambridge576N/A$256,3009.2%6.1%
Lavelle572$71,250$94,0000.0%14.2%
Grindstone580N/AN/A13.8%16.6%
Mount Morris568$69,423$205,00014.2%8.5%

A note before these figures: with a population of 573, Wakefield's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Wakefield is a small community located in Pennsylvania, within Lancaster County. The total population is 573. It ranks as the 1291st most populous out of 1,991 Census-designated places in Pennsylvania.

Age Demographics

The median age in Wakefield is 28.8 years. This is 30% lower than the state median of 40.9 years.

Economy, Income & Housing

The median household income in Wakefield is $70,417. This is 10% lower than the state median of $77,971. It is also 13% lower than the national median of $80,734. The poverty rate stands at 5.8%. This is 51% lower than the state poverty rate of 11.7%. The survey records no unemployed residents in Wakefield, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $271,100. Housing costs are 7% higher than the state median of $254,500. The home-value-to-income ratio is 3.8x. 85.3% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 69.3%.

Race & Ethnicity

Wakefield has a predominantly White (non-Hispanic) population, comprising 89.7% of all residents. Black or African American residents account for 2.3%. The Black or African American population (2.3%) is well below the state average of 10.3%. The Hispanic or Latino population (1.8%) is well below the state average of 8.7%.

Education

10.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 71% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 63.0%.

Data Sources & Methodology

All demographic data for Wakefield, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. 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, Pennsylvania?

Wakefield, Pennsylvania has a population of 573 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wakefield, PA?

The median household income in Wakefield is $70,417, which is 13% lower than the national median of $80,734.

What is the poverty rate in Wakefield, PA?

The poverty rate in Wakefield is 5.8%. This means approximately 33 residents live below the federal poverty line.

What is the racial makeup of Wakefield, Pennsylvania?

Wakefield's population is 89.7% White, 2.3% Black, 1.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Wakefield, PA?

The median home value in Wakefield is $271,100. The home-value-to-income ratio is 3.8x.

How educated is Wakefield, Pennsylvania?

10.1% of adults (25+) in Wakefield hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.