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Population & People
Population
9,966
Median age
42.8
Median household income
$106,551
Poverty rate
9.5%
Unemployment rate
5.3%
Bachelor's degree+
59.6%
Avg. commute
21 min
Hispanic or Latino
3.8%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$494,400
Median gross rent
$1,258/mo
Homeownership rate
66.33%
HUD FMR — 2 bedroom
$1,773
HUD Fair Market Rent (Rhode Island statewide average across 39 areas — not specific to Wakefield-Peace Dale), 2026. Efficiency $1354, 1BR $1427, 2BR $1773, 3BR $2172, 4BR $2554. This is a different official figure from Census median gross rent above.
Energy
Rhode Island commercial electricity
23.46¢/kWh
Rhode Island industrial electricity
21.74¢/kWh
Rhode Island residential electricity
29.46¢/kWh
Economy
Gross Domestic Product: All Industry Total
83956
Real Gross Domestic Product: All Industry Total
64180.1
All-Transactions House Price Index for Rhode Island
1064.86
Unemployment Rate
3.9%
Source: FRED, Rhode Island-specific series.