Wakefield, NE Profile: Facts & Data

The City of Wakefield had a population of 1,430 as of July 1, 2024. Wakefield ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Wakefield is located at latitude 42.2692 and longitude -96.865 in Dixon County. The formal boundaries for the City of Wakefield encompass a land area of 1.03 sq. miles and a water area of 0.07 sq. miles. Dixon County is in the Central time zone (GMT -6).

While the primary coordinates for City of Wakefield are located in Dixon County, it should be noted that the formal boundaries for this community also extend into and Wayne County.

The City of Wakefield has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Wakefield, NE Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,430 (100%)
Population in Households	1,401 (98.0%)
Population in Families	1,182 (82.7%)
Population in Group Quarters¹	29 ( 2.0%)
Population Density	1,346
Diversity Index²	79


INCOME
Median Household Income	$58,802
Average Household Income	$80,060
% of Income for Mortgage⁴	13%
Per Capita Income	$28,078
Wealth Index⁵	66
Socioeconomic Status Index⁶	Moderate (47.2)

HOUSING
Total HU (Housing Units)	555 (100%)
Owner Occupied HU	337 (60.7%)
Renter Occupied HU	164 (29.5%)
Vacant Housing Units	54 ( 9.7%)
Median Home Value	$126,250
Average Home Value	$180,638
Housing Affordability Index³	176

HOUSEHOLDS
Total Households	501
Average Household Size	2.80
Family Households	346
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Wakefield, NE - Peer Comparisons by Rank and Percentile

The table below compares Wakefield to the other 593 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-1.46%	-0.47%
Households	-0.14%	-0.20%
Families		-0.58%
Median Household Income		4.05%
Per Capita Income		3.09%
Owner Occupied HU		0.06%

Variable Description	Rank	Percentile
Total Population	# 82	86th
Population Density	# 111	81st
Median Household Income	# 439	26th
Housing Affordability Index	# 510	86th
Per Capita Income	# 549	8th
Diversity Index	# 8	99th

Wakefield, NE Profile: Facts & Data

Wakefield, Nebraska - Basic Facts

Wakefield, NE Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Wakefield, NE - Peer Comparisons by Rank and Percentile

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