Wakefield CDP, Virginia Demographics & Population 2026
As of 2026, Wakefield CDP, Virginia has a total population of 12,024, the 114th largest city in Virginia, with a median household income of $221,793, which is 144% higher than the state average. The poverty rate is 2.5%.
Key Takeaways
- Household income is 144% above the state average — one of the wealthiest communities in Virginia.
- An exceptionally low poverty rate of 2.5% — among the lowest in Virginia.
- 73.9% of adults hold a bachelor's degree or higher — top 10% in Virginia.
Wakefield CDP Quick Facts
How Wakefield CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Wakefield CDP Rankings in Virginia
Explore Virginia Rankings
Cities Similar to Wakefield CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Wyndham CDP | 12,084 | $235,886 | $673,200 | 84.9% | 1.3% |
| Dranesville CDP | 11,860 | $210,766 | $713,100 | 75.8% | 2.7% |
| Fairfax Station CDP | 12,298 | $212,128 | $863,400 | 75.2% | 1.3% |
| Lowes Island CDP | 11,199 | $220,238 | $777,700 | 73.7% | 0.7% |
| New Baltimore CDP | 11,595 | $183,696 | $646,500 | 61.8% | 1.6% |
Population Overview
Wakefield CDP is a small city located in Virginia. The total population is 12,024. It ranks as the 114th most populous out of 681 cities and towns in Virginia.
Age Demographics
The median age in Wakefield CDP is 41.4 years. This is 7% higher than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Wakefield CDP is $221,793. This is 144% higher than the state median of $90,974. Compared to the national median of $78,538, household income here is 182% higher. The poverty rate stands at 2.5%. This is 75% lower than the state poverty rate of 9.9%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.5%. This is 41% lower than the state rate of 4.3%. The median home value is $826,100. Housing costs are 129% higher than the state median of $360,700. The home-value-to-income ratio is 3.7x. 92.1% of occupied housing units are owner-occupied. This homeownership rate is 37% higher than the state average of 67.2%.
Race & Ethnicity
The largest racial or ethnic group in Wakefield CDP is White (non-Hispanic), making up 61.1% of the population. Asian residents account for 19.7%. The Black or African American population (5.8%) is well below the state average of 18.4%. The Asian population is significantly higher than the state average (19.7% vs 6.8%).
Education
73.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Wakefield CDP in the top 10% of all cities in the state for educational attainment. This is 78% higher than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.7%. Notably, 40.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Wakefield CDP, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Wakefield CDP, Virginia?
Wakefield CDP, Virginia has a population of 12,024 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Wakefield CDP, VA?
The median household income in Wakefield CDP is $221,793, which is 182% higher the national median of $78,538.
What is the poverty rate in Wakefield CDP, VA?
The poverty rate in Wakefield CDP is 2.5%. This means approximately 301 residents live below the federal poverty line.
What is the racial makeup of Wakefield CDP, Virginia?
Wakefield CDP's population is 61.1% White, 5.8% Black, 8.1% Hispanic/Latino, and 19.7% Asian.
What is the median home value in Wakefield CDP, VA?
The median home value in Wakefield CDP is $826,100. The home-value-to-income ratio is 3.7x.
How educated is Wakefield CDP, Virginia?
73.9% of adults (25+) in Wakefield CDP hold a bachelor's degree or higher, and 40.6% hold a graduate or professional degree.