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Wakefield-Peace Dale, Rhode Island

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
9,302
Population
$106,551
Median Income
$494,400
Home Value
42.8
Median Age

Demographics

Wakefield-Peace Dale has a population of 9,302 with a median age of 42.8. Here is the racial and ethnic breakdown of the population:

White
87.3%
Black
5.0%
Hispanic
3.8%
Asian
2.2%
Other
1.7%
Demographic Value
Total Population9,302
Median Age42.8
White87.3%
Black or African American5.0%
Asian2.2%
Hispanic or Latino3.8%
Other / Two or More Races1.7%
Wakefield-Peace Dale, Rhode Island — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 87.3%Black: 5.0%Hispanic/Latino: 3.8%Asian: 2.2%Other: 1.7%9,302PopulationWhiteWhite87.3%BlackBlack5.0%Hispanic/LatinoHispanic/Latino3.8%AsianAsian2.2%OtherOther1.7%

Income & Economy

The median household income in Wakefield-Peace Dale is $106,551, which is 32.2% above the national median of $80,610. The per capita income is $56,249. The poverty rate is 9.5%.

$106,551
Median Household Income
$56,249
Per Capita Income
9.5%
Poverty Rate

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Education

In Wakefield-Peace Dale, 94.6% of residents age 25+ have a high school diploma or higher, and 59.6% hold a bachelor's degree or higher (26.9% with a graduate or professional degree).

HS Diploma+
94.6%
Bachelor's+
59.6%
Graduate+
26.9%
Education Level % of Adults (25+)
High School Diploma or Higher94.6%
Bachelor's Degree or Higher59.6%
Graduate or Professional Degree26.9%

Housing

The median home value in Wakefield-Peace Dale is $494,400, above the national median of $303,400. The median monthly rent is $1,258. The homeownership rate is 66.3%.

$494,400
Median Home Value
$1,258/mo
Median Rent
66.3%
Homeownership Rate
Housing Metric Value
Median Home Value$494,400
Median Monthly Rent$1,258
Homeownership Rate66.3%
Vacancy Rate7.4%

Salaries in Rhode Island

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Frequently Asked Questions

What is the population of Wakefield-Peace Dale, Rhode Island?
The population of Wakefield-Peace Dale, Rhode Island is 9,302 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Wakefield-Peace Dale, Rhode Island?
The median household income in Wakefield-Peace Dale, Rhode Island is $106,551. This is 32.2% above the national median of $80,610.
What is the median home value in Wakefield-Peace Dale, Rhode Island?
The median home value in Wakefield-Peace Dale, Rhode Island is $494,400. The median monthly rent is $1,258.
What percentage of people in Wakefield-Peace Dale have a college degree?
In Wakefield-Peace Dale, Rhode Island, 59.6% of adults age 25 and older hold a bachelor's degree or higher, and 94.6% have a high school diploma or higher.
Is Wakefield-Peace Dale, Rhode Island an affordable place to live?
The home price-to-income ratio in Wakefield-Peace Dale, Rhode Island is 4.6x (median home value $494,400 vs. median income $106,551), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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