Economy & Jobs — Wakefield, Michigan

Income & Employment

Median Household Income (Census)$55,759
Estimated 2026~$55,200
Per Capita Income$28,602
Poverty Rate15.0%
Unemployment Rate4.1%
In Labor Force759

Top Industries

IndustryShare
Education Healthcare20.0%
Retail17.7%
Construction15.3%

Local Businesses (County)

TypeCount
Full Service Restaurants22
Hotels Motels13
Gas Stations11
Insurance Agencies8
Fast Food7
Auto Repair6
General Merchandise5
Commercial Banks5
Grocery Stores4
Child Day Care4
Coffee Shops4
Bakeries4
Real Estate Offices3
Law Offices3
Accounting Firms3
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.