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These days, finding an affordable place to live in the Wakefield area can be challenging. Home prices in Wakefield are now at a median cost of $89,927, lower than the Louisiana average of $235,139.
The average cost of rent is $974/mo in Wakefield, primarily driven by the current value of real estate in the Wakefield area. In Wakefield, 25.58% of households rent, and 34.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wakefield is $3,589 per month. Households that rent pay about 27.14% of their income on rent here. Wakefield’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Francisville, LA: higher priced homes
- Elm Park, LA: higher priced homes
- Turnbull, MS: higher priced homes
- Weyanoke, LA: less expensive homes
- Jackson, LA: higher priced homes
- Gurley, LA: higher priced homes
- Donegal, MS: equally priced homes
- Plettenberg, LA: less expensive homes
- Pinckneyville, MS: equally priced homes
- Wilson, LA: higher priced homes
Cities with Similar Populations
- Rockford, NE: higher priced homes
- Neosho Falls, KS: higher priced homes
- North Newcastle, ME: higher priced homes
- Raeville, NE: higher priced homes
- Richard City, TN: higher priced homes
- Ringgold, OH: higher priced homes
- Riverdale, DE: higher priced homes
- Riverton, NE: equally priced homes
- Robin Hood Lakes, PA: higher priced homes
- Roche Harbor, WA: higher priced homes
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