What is the median household income in Wakefield-Peace Dale, RI?
The median household income in Wakefield-Peace Dale, RI is $106,551 (±$19,377) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,258 a month would take about $50,300 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $106,551 (±$19,377)
- Median renter income
- $58,015 (±$13,221)
- Income to afford median rent
- about $50,300
Income in Wakefield-Peace Dale against Washington County, its state and the nation
| Wakefield-Peace Dale | Washington County | Rhode Island | United States | |
|---|---|---|---|---|
| Median household income | $106,551 (±$19,377) | $106,638 (±$2,789) | $87,796 (±$1,209) | $80,734 |
| Median renter household income | $58,015 (±$13,221) | $48,732 (±$8,280) | $50,251 (±$1,401) | $52,966 |
| Median owner household income | $132,321 (±$17,603) | $126,293 (±$5,020) | $115,286 (±$1,632) | $100,009 |
| Median gross rent | $1,258 (±$164) | $1,327 (±$86) | $1,342 (±$19) | $1,413 |
In Wakefield-Peace Dale, median household income is not measurably different from Washington County ($106,638).
It is not measurably different from Rhode Island ($87,796).
It is higher than the national figure ($80,734).
In Washington County, Wakefield-Peace Dale ranks 5 of 9 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 8 of 19.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Wakefield-Peace Dale
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,258 a month ($15,096 a year) needs an income of about $50,300 a year.
The median renting household in Wakefield-Peace Dale earns $58,015 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Median household income in places near Wakefield-Peace Dale
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Wakefield-Peace Dale | — | $106,551 (±$19,377) | — |
| Narragansett Pier | 2.2 mi | $82,192 (±$14,568) | Lower |
| Kingston | 2.2 mi | $107,404 (±$47,008) | Not measurably different |
| Narragansett | 3.4 mi | $95,721 (±$7,256) | Not measurably different |
| Carolina | 8.0 mi | $140,196 (±$24,770) | Higher |
| Charlestown (community) | 8.1 mi | $108,563 (±$30,282) | Not measurably different |
| Jamestown | 8.4 mi | $140,625 (±$42,154) | Not measurably different |
| North Kingstown | 9.1 mi | $126,293 (±$14,108) | Not measurably different |
| Richmond | 9.4 mi | $124,653 (±$26,720) | Not measurably different |
Nearby places with a measurably lower figure: Narragansett Pier, RI ($82,192).
Nearby places with a measurably higher figure: Carolina, RI ($140,196).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Washington County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Carolina | $140,196 (±$24,770) |
| 2 | Bradford | $120,250 (±$25,566) |
| 3 | Charlestown (community) | $108,563 (±$30,282) |
| 4 | Kingston | $107,404 (±$47,008) |
| 5 | Wakefield-Peace Dale | $106,551 (±$19,377) |
| 6 | Ashaway | $103,707 (±$52,070) |
| 7 | Hope Valley | $101,932 (±$23,340) |
| 8 | Westerly (community) | $95,207 (±$7,661) |
| 9 | Narragansett Pier | $82,192 (±$14,568) |
Wakefield-Peace Dale is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside South Kingstown, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Wakefield-Peace Dale
What is the median household income in Wakefield-Peace Dale?
The median household income in Wakefield-Peace Dale is $106,551 (±$19,377) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Wakefield-Peace Dale?
About $50,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,258 a month.
What do renters earn in Wakefield-Peace Dale?
The median renting household in Wakefield-Peace Dale, RI earns $58,015 (±$13,221) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Wakefield-Peace Dale CDP, Rhode Island
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wakefield-Peace Dale CDP, Rhode Island
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wakefield-Peace Dale CDP, Rhode Island
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Wakefield-Peace Dale CDP, Rhode Island
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wakefield-Peace Dale CDP, Rhode Island
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Wakefield-Peace Dale CDP, Rhode Island
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Wakefield-Peace Dale CDP, Rhode Island (place:73132, in state:44).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Wakefield-Peace Dale at a glance
- Median rent in Wakefield-Peace Dale
- Rent by bedrooms in Wakefield-Peace Dale
- Rent burden in Wakefield-Peace Dale
- Renters and owners in Wakefield-Peace Dale
- Home values in Wakefield-Peace Dale
- Homeowner costs in Wakefield-Peace Dale
- Property taxes in Wakefield-Peace Dale
- Types of homes in Wakefield-Peace Dale
- Bedrooms in Wakefield-Peace Dale
- Age of homes in Wakefield-Peace Dale
- Heating fuel in Wakefield-Peace Dale
- Commute and cars in Wakefield-Peace Dale
- How long people stay in Wakefield-Peace Dale
- Rhode Island landlord and tenant rules
- Housing across Washington County
- Rhode Island places ranked by median household income
- Housing data for every place in Rhode Island