About Wakefield, Michigan
Wakefield, a city located in the state of Michigan (MI), is home to a population of approximately 1,554 people. Wakefield boasts a median age of 45.1, with around 30.6% of its residents aged 60 or above. 12.3% of the population identifies as US Veterans. 20.6% of Wakefield residents are disabled. The city has an average household income of $41,837, while the unemployment rate stands at 2.1%, and around 24% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Wakefield is $58,328, with a monthly rent averaging $569.