HomeVirginiaSussex CountyWakefield
Wakefield, Virginia: commercial real estate data.
Wakefield is a Census town of 1,201 people across 1.24 square miles of land, in Sussex County. Median household income is $62,386, 69.8 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wakefield
What Wakefield is
- Census place typetown
- Land area1.24 sq mi
- Water area0.04 sq mi
- Population per square mile of land965 plus or minus 331
- County holding the largest share of its areaSussex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wakefield
How many people live in Wakefield
- Population1,201 plus or minus 412
- Median age30.6 plus or minus 12.3
- Population under 18186 plus or minus 68
- Share under 1815.5 percent
- Population 65 and over217 plus or minus 63
- Share 65 and over18.1 percent plus or minus 8.1
- Households424 plus or minus 100
- Family households253 plus or minus 89
- Share of households that are families59.7 percent plus or minus 15.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wakefield
Income and work in Wakefield
- Median household income$62,386
- Per capita income$36,598
- Civilian labor force663 plus or minus 296
- Employed652 plus or minus 295
- Unemployed11 plus or minus 16
- Unemployment rate1.7 percent plus or minus 2.3
- Adults 25 and over783 plus or minus 207
- Adults 25 and over with a high school diploma or higher92.0 percent plus or minus 32.8
- Adults 25 and over with a bachelor degree or higher28.5 percent plus or minus 9.7
- Adults 25 and over with a graduate degree10.7 percent plus or minus 6.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wakefield
Housing in Wakefield
- Housing units518
- Occupied units424 plus or minus 100
- Vacant units94 plus or minus 39
- Vacancy rate18.1 percent plus or minus 6.7
- Owner occupied296 plus or minus 83
- Renter occupied128 plus or minus 61
- Ownership rate69.8 percent
- Median owner-occupied home value$187,800
- Median gross rent, monthly$966
- Annual rent as a share of median income18.6 percent plus or minus 4.0
- Single family units431 plus or minus 91
- Share single family83.2 percent
- Units in buildings of two or more9 plus or minus 20
- Share in buildings of two or more1.7 percent plus or minus 3.8
- Mobile homes78 plus or minus 41
- Median year structure built1971
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wakefield
How Wakefield gets to work
- Workers 16 and over who commute548 plus or minus 283
- Commuting under 15 minutes76 plus or minus 51
- Share commuting under 15 minutes13.9 percent plus or minus 5.9
- Commuting 30 minutes or more444 plus or minus 245
- Share commuting 30 minutes or more81.0 percent
- Drove alone85.8 percent plus or minus 18.8
- Carpooled8.0 percent plus or minus 7.6
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home6.2 percent plus or minus 5.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wakefield
SBA loans in Wakefield (504)
- Approvals2
- Gross approval$539,000
- Average approval$269,500
- Median approval$269,500
- Largest approval$373,000
- Jobs supported45
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Wakefield, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wakefield
Flood risk in Wakefield
- NFIP communityTown of Wakefield
- NFIP community number510284
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/10/26(>)
The Town of Wakefield participates in the National Flood Insurance Program as community 510284 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Sussex County, not Wakefield
Sussex County context, not Wakefield figures
- Establishments in Sussex County184
- Covered employment, Sussex County3,215
- Average annual pay, Sussex County$53,408
- Housing units permitted, Sussex County29
Every figure in this section is published for Sussex County as a whole and is not a measurement of Wakefield.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Wakefield questions, answered from the record.
How many people live in Wakefield, Virginia?
1,201, in 424 households. Wakefield town covers 1.24 square miles of land, which is 965 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wakefield in?
Sussex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Wakefield?
$62,386. The median owner-occupied home is valued at $187,800. Median gross rent is $966 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is Wakefield in the National Flood Insurance Program?
Yes. Wakefield appears in the FEMA Community Status Book as Wakefield, town of, community 510284, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Wakefield figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Sussex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Wakefield.
Is zoning published for Wakefield?
No. Nothing on this page presents parcel level zoning.
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