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Wakefield

Learn about the people, housing, costs and businesses in Wakefield, Kansas

Median Home$181,600
Median Rent$827/month
Population851
Leading IndustriesProfessional Services · Public Administration · Construction3% professional services
Home Value Growth⬆⬆+16.2% over 2 years
Retirees21% of residentsnear the national average
Homeowners90% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Wakefield
KS

Frequently Asked Questions

What are today's mortgage rates in Wakefield?

As of today, the 30-year fixed mortgage rate for Wakefield is approximately 7.013% (7.053% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Wakefield?

The median home value in Wakefield is $182k. The median monthly rent is $827. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wakefield?

Home values in Wakefield have increased 16.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Wakefield?

Based on a typical all-in ownership cost of $912/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wakefield is $69k/year.

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What industries drive the economy in Wakefield?

The largest employment sectors in Wakefield are public administration (30%) and agriculture and mining (7%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.