City

Wakefield, VA

1 ZIP code  ·  Sussex County  ·  Virginia

👥2,563Population
💰$69,063Median HH Income▼ 9% below avg
🎂37.7Median Age
🏠$196,400Median Home Value▼ 30% below avg
🎓27.8%College Grads▼ 28% below avg
📊5.7%Unemployment▲ 17% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.4% Female 48.6% ♀

Race & Ethnicity

White: 47.2%Hispanic: 0.2%Black: 48%Asian: 1.3%Other: 2.3%Race
White47.2%
Hispanic0.2%
Black48.0%
Asian1.3%
Other2.3%

Age Breakdown

Under 5
6%
5–17
12%
18–24
13%
25–44
24%
45–64
25%
65+
8%

Key Indicators

Median Age37.7 yrs
Avg HH Size2.63
Below Poverty9.4% ≈ Avg
College Grads27.8% ▼ 28% below avg
Unemployment5.7% ▲ 17% above avg
No HS Diploma12 (0.8%)
HS Graduate651 (41.5%)
Some College229 (14.6%)
Associates242 (15.4%)
Bachelors112 (7.1%)
Graduate Degree324 (20.6%)

Education

No HS: 0.8%HS Grad: 41.5%Some College: 14.6%Associates: 15.4%Bachelors: 7.1%Graduate: 20.6%Edu
No HS0.8%
HS Grad41.5%
Some College14.6%
Associates15.4%
Bachelors7.1%
Graduate20.6%
Housing & Income

Housing Tenure

Owner: 68.7%Renter: 31.3%Tenure
Owner68.7%
Renter31.3%

Home Value Distribution

Under $50k
9%
$50k–$100k
11%
$100k–$150k
12%
$150k–$200k
19%
$200k–$300k
23%
$300k–$500k
23%
Over $500k
3%

Financials

Median HH Income$69,063 ▼ 9% below avg
Median Home Value$196,400 ▼ 30% below avg
Home/Income Ratio2.8x (nat avg ~3.5x)
Median Rent$959/mo
Total Housing Units1,153
Vacant Units182

Income Distribution

Under $25k
15%
$25k–$50k
14%
$50k–$75k
25%
$75k–$100k
12%
$100k–$150k
20%
$150k–$200k
6%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
89%
Work From Home
11%

Commute Time

Under 15 min
8%
15–30 min
14%
30–45 min
23%
Over 45 min
56%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
14%
1960s–1970s
10%
1980s–1990s
15%
2000+
57%
About Wakefield, VA

Wakefield is a city in Virginia, located in Sussex County. The city spans 1 ZIP code and is home to approximately 2,563 residents. It is a relatively young city, with a median age of 37.7 years.

Economically, Wakefield is a solidly middle-class community. The median household income of $69,063 is near the national average. Approximately 9.4% of residents live below the poverty line. The unemployment rate is 5.7%, above the national average.

The real estate market in Wakefield is an affordable housing market. Median home values stand at $196,400, which is below the national average. Renters typically pay around $959 per month. Homeownership is high at 68.7%, typical of suburban and family-oriented communities.

The population of Wakefield is moderately educated. 27.8% of adults hold a bachelor's degree or higher — below the national average. The community is racially diverse, with Black as the largest group at 48.0%.

Wakefield, VA offers residents a cost-conscious lifestyle within Virginia.

ZIP Codes in Wakefield
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
23888 2,563 $69,063 $196,400 $959 5.7% 27.8% 68.7%