Wakefield, MI
1,683Residents
$55,759Median household income
$649/moMedian gross rent
$79,100Median home value
52.8Median age
13%Adults with a bachelor’s degree or higher
82%Homes lived in by their owners
1.4×Home value to household income
Median rent takes about 14% of the median household income in Wakefield.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $26,000 a year. In Michigan that leaves roughly $1,826 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.