What is the median household income in Wakefield (community), VA?
The median household income in Wakefield (community), VA is $237,975 (±$15,354) a year (2020–2024 American Community Survey).
In Wakefield (community), the median household income went from $155,729 in 2015–2019 to $237,975 in 2020–2024 (+52.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $237,975 (±$15,354)
- Median renter income
- $195,500 (±$12,127)
Income in Wakefield (community) against Fairfax County, its state and the nation
| Wakefield (community) | Fairfax County | Virginia | United States | |
|---|---|---|---|---|
| Median household income | $237,975 (±$15,354) | $153,637 (±$1,635) | $93,170 (±$458) | $80,734 |
| Median renter household income | $195,500 (±$12,127) | $96,555 (±$1,546) | $60,343 (±$529) | $52,966 |
| Median owner household income | $242,941 (±$20,709) | $188,672 (±$1,822) | $114,147 (±$479) | $100,009 |
| Median gross rent | $3,500 or more | $2,276 (±$15) | $1,579 (±$8) | $1,413 |
In Wakefield (community), median household income is higher than in Fairfax County ($153,637).
It is also higher than in Virginia ($93,170).
It is higher than the national figure ($80,734).
In Fairfax County, Wakefield (community) ranks 13 of 69 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 18 of 456.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $155,729 (±$10,756) | $237,975 (±$15,354) | +52.8% | Up after inflation |
| Median home value | $632,600 (±$6,283) | $861,600 (±$11,339) | +36.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Wakefield (community)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Wakefield (community) | — | $237,975 (±$15,354) | — |
| Long Branch | 1.5 mi | $185,208 (±$23,978) | Lower |
| Kings Park | 1.6 mi | $166,150 (±$28,787) | Lower |
| Ravensworth | 1.8 mi | $166,094 (±$57,935) | Lower |
| Woodburn | 1.9 mi | $134,013 (±$20,425) | Lower |
| Mantua | 2.0 mi | $213,047 (±$25,939) | Not measurably different |
| Annandale | 2.6 mi | $116,263 (±$10,023) | Lower |
| North Springfield | 2.7 mi | $130,400 (±$25,091) | Lower |
| Kings Park West | 2.9 mi | $170,039 (±$11,763) | Lower |
Nearby places with a measurably lower figure: Long Branch, VA ($185,208), Kings Park, VA ($166,150), Ravensworth, VA ($166,094).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Fairfax County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 (tie) | Union Mill | $250,000 or more |
| 1 (tie) | Wolf Trap | $250,000 or more |
| 9 | Floris | $246,058 (±$14,444) |
| 10 | Dunn Loring | $244,265 (±$23,651) |
| 11 | Bull Run (Fairfax County) | $241,933 (±$12,732) |
| 12 | Navy | $238,676 (±$29,425) |
| 13 | Wakefield (community) | $237,975 (±$15,354) |
| 14 | Clifton | $232,500 (±$37,579) |
| 15 | Vienna | $216,953 (±$22,121) |
| 16 | Fort Hunt | $216,038 (±$15,803) |
| 17 | Franklin Farm | $215,544 (±$16,207) |
| 18 | Dranesville | $214,688 (±$13,980) |
| 19 | Mantua | $213,047 (±$25,939) |
Showing 13 of 69 places in Fairfax County, ranked from highest to lowest.
Wakefield (community) is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
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 (community)
What is the median household income in Wakefield (community)?
The median household income in Wakefield (community) is $237,975 (±$15,354) a year (2020–2024 American Community Survey).
Have incomes in Wakefield (community) kept up with inflation?
In Wakefield (community), the median household income went from $155,729 in 2015–2019 to $237,975 in 2020–2024 (+52.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Wakefield (community)?
The median renting household in Wakefield (community), VA earns $195,500 (±$12,127) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Wakefield CDP, Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wakefield CDP, Virginia
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wakefield CDP, Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Wakefield CDP, Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wakefield CDP, Virginia
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Wakefield CDP, Virginia
- 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 CDP, Virginia (place:82371, in state:51).
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
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- Median rent in Wakefield (community)
- Renters and owners in Wakefield (community)
- Home values in Wakefield (community)
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- Crowding and facilities in Wakefield (community)
- Fair Market Rent in Wakefield (community)
- Virginia landlord and tenant rules
- Housing across Fairfax County
- Virginia places ranked by median household income
- Housing data for every place in Virginia