Vital Facts: Wakefield, MI

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Wakefield, MI is situated in Gogebic county, and has a residents of 1668, and is part of the higher metropolitan region. The median age is 53.8, with 8.4% of the population under ten years old, 6.6% are between ten-nineteen years of age, 9.4% of citizens in their 20’s, 13.1% in their thirties, 9.7% in their 40’s, 11.9% in their 50’s, 22.9% in their 60’s, 11.2% in their 70’s, and 6.8% age 80 or older. 49.2% of residents are male, 50.8% women. 41.4% of residents are recorded as married married, with 18.2% divorced and 28.3% never wedded. The % of people confirmed as widowed is 12.1%.

The labor force participation rate in Wakefield is 45.7%, with an unemployment rate of 2.8%. For all those when you look at the labor force, the typical commute time is 21.6 minutes. 4.3% of Wakefield’s population have a masters diploma, and 12.1% have earned a bachelors degree. For all without a college degree, 42.2% attended at least some college, 33.6% have a high school diploma, and just 7.8% have received an education significantly less than twelfth grade. 5.6% are not included in medical health insurance.

The typical family size in Wakefield, MIThe typical family size in Wakefield, MI is 2.78 household members, with 82.7% being the owner of their particular houses. The mean home cost is $52018. For those people renting, they pay out on average $552 per month. 37.5% of families have dual sources of income, and a median household income of $36056. Average individual income is $21679. 22.9% of residents exist at or below the poverty line, and 15.8% are considered disabled. 17.7% of residents of the town are former members associated with military.