Is Wakefield Peacedale, Rhode Island a Good Place To Live? - Living In Wakefield Peacedale, RI
Is Wakefield Peacedale, Rhode Island a good place to live?
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.
A high school education is a basic prerequisite for most jobs, and in Wakefield Peacedale, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. 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. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Wakefield Peacedale, only 48% of adults have a bachelor's degree and 22% have some college but no degree.
Cost of living in Wakefield Peacedale is 123, which is 23% higher than national average. 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.
A high school education is a basic prerequisite for most jobs, and in Wakefield Peacedale, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. 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. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Wakefield Peacedale, only 48% of adults have a bachelor's degree and 22% have some college but no degree.
Cost of living in Wakefield Peacedale is 123, which is 23% higher than national average. 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.
Population
9504
Unemployment
8.7%
Poverty
10.4%
Overall Score
7
Median Home Cost
$336900
47%
NAT AVG.
Median Income
$82692
23%
NAT AVG.
Median Rent
$1131
3%
NAT AVG.
Cost Of Living
123
23%
NAT AVG.
People Living BPL
1 in 10
Unemployed People
1 in 11
People Earning < $10,000
1 in 34
People Earning < $50,000
32.9%
People with <= High School
1 in 3.3
People With Any Degree
1 in 1.9
Pros & Cons Overview
Jobs70%
Housing85%
Affordability70%
Safety85%
Amenities85%
Diversity80%
Education85%
Commute80%
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