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The total population of Wake Village is estimated to be 5,909 with 2,767 males (46.83%) and 3,142 females (53.17%). There are 375 more females than males in Wake Village.
The median household income in Wake Village was $82,779 in 2021, which marked an an increase of 14,772(21.72%) from $68,007 in 2020. This income is 110.95% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Wake Village sees its highest median household income among householders in the age group of 25 to 44 years old, at $135,919. Overall, the median household income for the city of Wake Village stands at $82,779.
In Wake Village, the median income for all workers aged 15 years and older, regardless of work hours, was $44,788 for males and $34,302 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,321 for males and $40,524 for females.
In Wake Village, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, American Indian and Alaska Native households have the highest median household income at $136,049, while Asian households represent the opposite end with the lowest median household income of $58,830.
In 2022, the population of Wake Village was 5,841, a 1.08% decrease year-by-year from 2021. Previously, in 2021, Wake Village's population was 5,905, a decline of 0.54% compared to a population of 5,937 in 2020.
The median age in Wake Village, TX is 38.4, as per 2021 ACS 5-Year Estimates. Of the total population, 22.45% were under the age of 15, 18.72% aged 15 to 29, 41.37% aged 30 to 64, 16.59% aged 65 to 84, and 0.86% were 85 years of age and older.
Racial distribution of Wake Village population: 67.31% are White, 21.67% are Black or African American, 2.81% are American Indian and Alaska Native, 1.66% are Asian, 0.61% are some other race and 5.94% are multiracial.