Housing costs in Wakefield?
A typical home costs
$181,500, which is 46.3% less expensive than the national average of
$338,100 and 47.1% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Wakefield costs
$1,040 per month, which is 25.7% cheaper than the national average of
$1,400 and 27.9% cheaper than the state average of
$1,330.
Can I afford Wakefield?
To live comfortably in Wakefield (zip 23888), Virginia, a minimum annual income of
$34,920 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Wakefield?
The cost of living in 23888 Wakefield, VA is quite reasonable. The median home value is $208,000, which is lower than the national average and is projected to increase moderately over the next few years. The median household income is $54,259, which is close to the national median and provides a good balance for those looking to enjoy a high quality of life without breaking the bank. Groceries and healthcare costs are on par with national averages as well. Overall, Wakefield offers affordable living for its residents while still providing an enjoyable lifestyle.