The median household income in Wakefield, MI in 2022 was $40,909, which was 63.7% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $25,368 in 2000 this represents an increase of 38.0%. The per capita income in 2022 was $32,644, which means an increase of 47.8% compared to 2000 when it was $17,036.
Whole page based on the data from 2000 / 2022 when the population of Wakefield, Michigan was 2,085 / 1,550
Income statistics for all residents
Median household income in Wakefield, MI in 2022:
Wakefield:
$40,909
State:
$66,986
Change in median household income between 2000 and 2022:
Wakefield, Michigan:
+61.3%
Michigan:
+50.0%
Number of households with income < $10k:
Wakefield:
9.9% (72)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Wakefield:
15.6% (113)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Wakefield:
10.8% (78)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Wakefield:
7.0% (51)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Wakefield:
15.9% (115)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Wakefield:
10.2% (74)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Wakefield:
7.0% (51)
State:
10.1% (414,440)
Number of households with income $75k - 100k:
Wakefield:
11.7% (85)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Wakefield:
3.2% (23)
Michigan:
9.7% (396,282)
Number of households with income $125k - 150k:
Wakefield:
2.6% (19)
State:
6.7% (273,144)
Number of households with income $150k - 200k:
Wakefield:
0.6% (4)
State:
7.5% (305,077)
Number of households with income > $200k:
Wakefield:
5.4% (39)
State:
8.1% (330,644)
Aggregate household income in Wakefield in 2022: $46,381,626
Median family income in Wakefield in 2022:
Wakefield:
$56,852
State:
$85,865
Number of families with income < $10k:
Wakefield:
2.6% (8)
State:
3.5% (89,010)
Number of families with income $10k - 20k:
Wakefield:
17.1% (53)
State:
3.9% (100,567)
Number of families with income $20k - 30k:
Wakefield:
4.8% (15)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Wakefield:
3.5% (11)
State:
6.4% (163,565)
Number of families with income $40k - 50k:
Wakefield:
9.7% (30)
Michigan:
6.8% (172,384)
Number of families with income $50k - 60k:
Wakefield:
15.0% (47)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Wakefield:
12.1% (38)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Wakefield:
15.5% (48)
Michigan:
15.0% (383,364)
Number of families with income $100k - 125k:
Wakefield:
6.4% (20)
Michigan:
11.8% (301,751)
Number of families with income $125k - 150k:
Wakefield:
2.2% (7)
State:
8.6% (220,338)
Number of families with income > $200k:
Wakefield:
11.0% (34)
State:
11.3% (287,206)
Median non-family income in Wakefield in 2022:
Wakefield:
$32,407
State:
$40,459
Change in median non-family income between 2000 and 2022:
Wakefield, Michigan:
+117.9%
State:
+54.5%
Median per capita income in Wakefield in 2022:
Wakefield:
$32,645
State:
$38,151
Change in median per capita income between 2000 and 2022:
Wakefield, Michigan:
+91.6%
Michigan:
+72.1%
Income statistics for White residents
Median household income in Wakefield, MI in 2022:
Wakefield:
$40,888
State:
$71,609
Change in median household income between 2000 and 2022:
Wakefield, Michigan:
+62.6%
State:
+52.9%
Number of households with income < $10k:
Wakefield:
10.3% (71)
Michigan:
4.4% (140,440)
Number of households with income $10k - 20k:
Wakefield:
15.5% (107)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Wakefield:
10.6% (73)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Wakefield:
7.5% (52)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Wakefield:
16.5% (114)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Wakefield:
8.8% (61)
Michigan:
7.4% (233,723)
Number of households with income $60k - 75k:
Wakefield:
7.2% (50)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Wakefield:
11.2% (77)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Wakefield:
3.3% (23)
Michigan:
10.3% (325,164)
Number of households with income $125k - 150k:
Wakefield:
2.8% (19)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Wakefield:
0.6% (4)
State:
8.1% (255,445)
Number of households with income > $200k:
Wakefield:
5.7% (39)
Michigan:
8.7% (276,727)
Aggregate household income in Wakefield in 2022: $44,217,159
Median family income in Wakefield in 2022:
Wakefield:
$58,100
State:
$90,317
Number of families with income < $10k:
Wakefield:
2.7% (8)
Michigan:
2.5% (49,508)
Number of families with income $10k - 20k:
Wakefield:
18.3% (53)
Michigan:
3.2% (64,106)
Number of families with income $20k - 30k:
Wakefield:
5.4% (16)
Michigan:
4.6% (91,551)
Number of families with income $30k - 40k:
Wakefield:
3.7% (11)
Michigan:
5.9% (117,356)
Number of families with income $40k - 50k:
Wakefield:
10.1% (29)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Wakefield:
10.1% (29)
Michigan:
6.8% (135,883)
Number of families with income $60k - 75k:
Wakefield:
12.7% (37)
Michigan:
10.5% (209,130)
Number of families with income $75k - 100k:
Wakefield:
16.3% (47)
State:
15.5% (309,815)
Number of families with income $100k - 125k:
Wakefield:
6.7% (19)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Wakefield:
2.4% (7)
State:
9.2% (182,895)
Number of families with income > $200k:
Wakefield:
11.6% (33)
State:
12.0% (239,713)
Median non-family income in Wakefield in 2022:
Wakefield:
$32,776
Michigan:
$42,438
Change in median non-family income between 2000 and 2022:
Wakefield, Michigan:
+121.6%
State:
+56.8%
Median per capita income in Wakefield in 2022:
Wakefield:
$33,710
State:
$41,514
Change in median per capita income between 2000 and 2022:
Wakefield, Michigan:
+96.2%
State:
+75.2%
Income statistics for Asian residents
Median per capita income in Wakefield in 2022:
Wakefield:
$23,528
State:
$48,128
Income statistics for American Indian and Alaska Native residents
Median per capita income in Wakefield in 2022:
Wakefield:
$22,237
State:
$27,661
Change in median per capita income between 2000 and 2022:
Wakefield, Michigan:
+22.3%
State:
+75.7%
Income statistics for Multirace residents
Median household income in Wakefield, MI in 2022:
Wakefield:
$58,585
Michigan:
$63,251
Number of households with income < $10k:
Wakefield:
0.0% (0)
Michigan:
6.1% (12,463)
Number of households with income $10k - 20k:
Wakefield:
0.0% (0)
Michigan:
8.7% (17,830)
Number of households with income $20k - 30k:
Wakefield:
0.0% (0)
State:
7.6% (15,686)
Number of households with income $30k - 40k:
Wakefield:
0.0% (0)
State:
9.5% (19,444)
Number of households with income $40k - 50k:
Wakefield:
0.0% (0)
State:
7.5% (15,476)
Number of households with income $50k - 60k:
Wakefield:
62.5% (15)
Michigan:
8.1% (16,622)
Number of households with income $60k - 75k:
Wakefield:
0.0% (0)
Michigan:
10.6% (21,725)
Number of households with income $75k - 100k:
Wakefield:
37.5% (9)
State:
14.4% (29,501)
Number of households with income $100k - 125k:
Wakefield:
0.0% (0)
State:
8.9% (18,231)
Number of households with income $125k - 150k:
Wakefield:
0.0% (0)
State:
5.8% (11,923)
Number of households with income $150k - 200k:
Wakefield:
0.0% (0)
State:
6.8% (13,956)
Number of households with income > $200k:
Wakefield:
0.0% (0)
State:
6.2% (12,672)
Aggregate household income in Wakefield in 2022: $1,608,347
Median family income in Wakefield in 2022:
Wakefield:
$55,015
Michigan:
$75,671
Number of families with income $50k - 60k:
Wakefield:
100.0% (24)
Michigan:
8.0% (10,690)
Median per capita income in Wakefield in 2022:
Wakefield:
$20,851
State:
$26,098
Change in median per capita income between 2000 and 2022:
Wakefield, Michigan:
+63.1%
Michigan:
+106.5%
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