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Wakefield, VA Utility & Living Guide
Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.
Monthly Utility Costs
$140/mo
—
$50/mo
$30/mo
$60/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1000/mo |
| 2 Bedrooms | $1300/mo |
| 3 Bedrooms | $1800/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.85% |
| Avg Childcare/mo | $900 |
The housing market in Wakefield is relatively affordable, with a range of options from single-family homes to apartments. However, the selection may be limited due to the small population. Residents can expect to find homes with large yards and a rural feel.
Cost of Living
105
+5% above national average
102
98
100
$900
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.85% |
| <p>State 4.3% + Local 1%</p> | |
Virginia has a progressive income tax system with rates ranging from 2% to 5.75%
Family & Relocation
60
7/10
$900/mo
City Pulse
Wakefield has limited public transportation options, but the area is relatively flat and sidewalks are available in some areas
- Chippokes Plantation State Park
- Virginia Diner
- Wakefield Foundation Museum
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Wakefield based on your household profile.
📰 Live Local News
Wakefield has zoning ordinances and building codes to maintain the rural character of the area
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 Wakefield — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Wakefield tend to be higher in the summer due to air conditioning usage, with average electricity bills increasing by 20-30% during the peak summer months. In the winter, heating costs are relatively low due to the mild climate.
🏛️ Local Tax Details
The ZIP code 23888 has a property tax millage rate of 0.85%, with no local surtaxes
👶 Family & Stroller Friendliness
4 - Wakefield has some sidewalks and parks, but the area is largely rural and may not be suitable for stroller use in all areas, with limited elevator access in public buildings
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