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Wakefield-Peace Dale, Rhode Island Demographics & Population 2026

Highly Educated2nd highest bachelor's degree rate in Rhode Island

During the 2020–2024 ACS period, Wakefield-Peace Dale, Rhode Island had a total population of 9,302, the 12th largest community in Rhode Island, with a median household income of $106,551, which is 21% higher than the state average. The poverty rate is 9.5%.

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

Wakefield-Peace Dale Quick Facts

Population 9,302
Median Household Income $106,551
Median Home Value $494,400
Poverty Rate 9.5%
Unemployment Rate 5.3%
Median Age 42.8 years
Homeownership Rate 66.3%
Affordability Ratio 4.6x
Bachelor's Degree or Higher 59.6%
High School Graduation Rate 94.7%
Diversity Index 25/100
Population 9,302 12th of 36
Median Income $106,551 above average
Poverty Rate 9.5% 24% lower than national
Median Home Value $494,400 top 30%

How Wakefield-Peace Dale 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
Population9,8129,302-5.2%
Median household income$111,200$106,551-4.2%
Median home value$464,400$494,400+6.5%

How Wakefield-Peace Dale Compares

Economy & Housing

Household Income Distribution

Under $25K 13.5%
$25K-$50K 9.7%
$50K-$100K 24.8%
$100K+ 52.1%
Detailed income brackets
Under $10K
7.1%
$10K-$15K
1.5%
$15K-$20K
3.5%
$20K-$25K
1.5%
$25K-$30K
1.1%
$30K-$35K
1.7%
$35K-$40K
1.6%
$40K-$45K
2.0%
$45K-$50K
3.2%
$50K-$60K
7.4%
$60K-$75K
9.0%
$75K-$100K
8.4%
$100K-$125K
9.7%
$125K-$150K
9.9%
$150K-$200K
17.5%
$200K+
15.0%

Employment

5.3% Unemployment Rate State: 5.8%|National: 5.2%
65.6% Labor Force Participation

Housing Overview

Owner 66.3%
Renter 33.7%
Affordability Index Moderate
4.6x home value to income ratio
Median gross rent $1,258/mo 14.2% of median household income annually

People & Demographics

Diversity Index

25out of 100
Low Diversity

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

State average: 50 | National average: 61

Education

Wakefield-Peace Dale Rankings in Rhode Island

#12 Population of 36
#13 Median Income of 35
#6 Education of 36
#9 Home Value of 35

Other Cities in Washington County

CityPopulationMedian IncomePovertyHome Value
Westerly 18,411 $95,207 5.7% $448,800
Kingston 7,332 $107,404 1.8% $553,400
Narragansett Pier 3,167 $82,192 13.6% $851,300
Hope Valley 2,297 $101,932 9.2% $447,500
Ashaway 1,722 $103,707 1.4% $343,600
Bradford 1,511 $120,250 2.3% $418,100
Charlestown 1,499 $108,563 4.2% $583,200
Carolina 1,048 $140,196 5.6% $396,400
Quonochontaug 610 $86,071 5.3% $1,043,900
Weekapaug 541 $137,917 5.7% $1,252,700

Cities Similar to Wakefield-Peace Dale

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Greenville8,296$97,234$434,70038.1%4.8%
Cumberland Hill8,648$130,506$394,30049.3%4.7%
Tiverton8,091$99,158$407,20040.2%4.4%
Kingston7,332$107,404$553,40077.0%1.8%
Newport East11,069$89,028$485,40042.3%11.7%

Population Overview

Wakefield-Peace Dale is a small city located in Rhode Island, within Washington County. The total population is 9,302. It ranks as the 12th most populous out of 36 Census-designated places in Rhode Island.

Age Demographics

The median age in Wakefield-Peace Dale is 42.8 years. This is 5% higher than the state median of 40.6 years.

Economy, Income & Housing

The median household income in Wakefield-Peace Dale is $106,551. This is 21% higher than the state median of $87,796. It is also 32% higher than the national median of $80,734. The poverty rate stands at 9.5%. This is 15% lower than the state poverty rate of 11.2%. The unemployment rate is 5.3%. This is 9% lower than the state rate of 5.8%. The median home value is $494,400. Housing costs are 22% higher than the state median of $404,200. The home-value-to-income ratio is 4.6x. 66.3% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 63.6%.

Race & Ethnicity

Wakefield-Peace Dale has a predominantly White (non-Hispanic) population, comprising 86.1% of all residents. Black or African American residents account for 4.5%. The Hispanic or Latino population (3.8%) is well below the state average of 17.7%.

Education

59.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% higher than the state rate of 37.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.7%. Notably, 26.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Wakefield-Peace Dale, Rhode Island 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 Rhode Island state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 36 Census-designated places in Rhode Island. 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-Peace Dale, Rhode Island?

Wakefield-Peace Dale, Rhode Island has a population of 9,302 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wakefield-Peace Dale, RI?

The median household income in Wakefield-Peace Dale is $106,551, which is 32% higher than the national median of $80,734.

What is the poverty rate in Wakefield-Peace Dale, RI?

The poverty rate in Wakefield-Peace Dale is 9.5%. This means approximately 877 residents live below the federal poverty line.

What is the racial makeup of Wakefield-Peace Dale, Rhode Island?

Wakefield-Peace Dale's population is 86.1% White, 4.5% Black, 3.8% Hispanic/Latino, and 2.2% Asian.

What is the median home value in Wakefield-Peace Dale, RI?

The median home value in Wakefield-Peace Dale is $494,400. The home-value-to-income ratio is 4.6x.

How educated is Wakefield-Peace Dale, Rhode Island?

59.6% of adults (25+) in Wakefield-Peace Dale hold a bachelor's degree or higher, and 26.9% hold a graduate or professional degree.