Pros and Cons of Living In Wakefield Peacedale, Rhode Island. Is Wakefield Peacedale, RI a Nice Place To Live or Retire?

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Wakefield Peacedale, Rhode Island

Moving to Wakefield Peacedale In Rhode Island ? Is Wakefield Peacedale, RI a Nice Place To Live? Pros and Cons of Living in Wakefield Peacedale, Rhode Island. Find out the best and worst about to live, raise a family or retire in Wakefield Peacedale.

DEMOGRAPHICS

Population
9504
Unemployment
8.7%
85% NAT AVG.
Poverty
10.4%
26% NAT AVG.
Cost Of Living
123
23% NAT AVG.

ECONOMICS

Median Home Cost
$336900
47% NAT AVG.
Median Income
$82692
23% NAT AVG.
Median Rent
$1131
3% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 11
People Earning < $10,000
1 in 34
People Earning < $50,000
32.9%
People With Any Degree
1 in 1.9

ETHNICITY

Ethnicity Wakefield Peacedale USA
White 83.2% 60.1%
African American 3% 12.2%
American Indian 5.1% 0.6%
Asian 2.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.2% 2.8%
Hispanic 3.9% 18.2%
Other 1.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Wakefield Peacedale USA
Less than $10,000 2.9% 5.8%
$10,000 to $14,999 4.7% 4.1%
$15,000 to $24,999 5.6% 8.5%
$25,000 to $34,999 7.6% 8.6%
$35,000 to $49,999 12.1% 12.0%
$50,000 to $74,999 13.5% 17.2%
$75,000 to $99,999 11.7% 12.8%
$100,000 to $149,999 23.7% 15.6%
$150,000 to $199,999 11.2% 7.1%

EDUCATION

Education Wakefield Peacedale USA
< 9th Grade 0% 5.0%
9-12th Grade 7% 7.0%
High School or GED 23% 27.0%
Other College 17% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 25% 20.0%
Master's Degree 15% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 5% 1.0%
Wakefield Peacedale is a city in Rhode Island state in USA with a population of 9504 residents.. The poverty rate of Wakefield Peacedale is 10.4%, which is 26% lower than national average. The typical household in Wakefield Peacedale earns $82692 a year, compared to the national median of $67,500. Nearly 32.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Wakefield Peacedale remained 8.7%, which is 85% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Wakefield Peacedale is 123, which is 23% higher than national average. In Wakefield Peacedale, only 48% of adults have a bachelor's degree and 22% have some college but no degree. Median home value in Wakefield Peacedale is $336900 , which is 47% higher than national average. While median income in Wakefield Peacedale remained $82692, which is 23% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Wakefield Peacedale Scorecard

Jobs70%

Housing85%

Affordability70%

Safety85%

Amenities85%

Diversity80%

Education85%

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