Wake Village, TX demographics:
population, income, and more
Wake Village population
How many people live in Wake Village
Wake Village is home to 5,867 residents, according to the most recent Census data. Gender-wise, 46.4% of Wake Village locals are male, and 53.6% are female.
Age demographics
The median age in Wake Village is 38, with the population distributed as follows: about 24.4% are children under 15, then 10.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 28.6% of the population, while another 22.9% fall into the 45 to 64 bracket. Finally, around 13.9% are 65 or older.
Racial makeup
In Wake Village, 94.4% of the population are US-born citizens, while 3.3% have gained naturalized citizenship. At the same time, 2.2% of residents are non-citizens. As for race, 62.4% of locals are Caucasian, 28.3% are African American and 2.3% have Asian roots. There’s also a share of 6% that includes residents with two or more races.
Households in Wake Village
A peek inside Wake Village households
Wake Village has 2,277 households, with an average of 3 members in each. Of these, 70.4% are families, while the remaining 29.6% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Wake Village
The housing landscape of Wake Village
Wake Village's housing consists of 2,491 units, with 78.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.9% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4% of the housing landscape.
The age of buildings in Wake Village
In Wake Village, the median construction year is 1984. About 0.2% of homes were built before the 1940s, with another 1.9% going up by 1949. Most development happened in the second half of the 20th century. Then, 6.7% of homes were added from 2000 to 2009, 6.6% between 2010 and 2019, and 0.9% are part of the newest wave of development.
Wake Village occupancy rates
Out of the 2,277 occupied housing units in Wake Village, 52.2% are owner-occupied, while 47.8% are lived in by tenants. Meanwhile, 8.6% of all homes on the local market sit vacant.
Wake Village housing costs
Housing costs in Wake Village come to a median of $942 per month, while tenants specifically pay a median gross rent of $989.
Education in Wake Village
Wake Village education at a glance
About 42.4% of the population in Wake Village went to high school, while 22.2% pursued college studies. Another 7.1% earned an associate degree and 14.7% hold a bachelor’s. Meanwhile, 9.1% went even further, earning a master’s or doctorate.
Income in Wake Village
How much people earn in Wake Village
The average annual household income in Wake Village was $83,923 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +4.2% change from the previous year. At the same time, the median income stood at $71,574, reflecting a +2.6% shift over the same period.
Wake Village income by age
In Wake Village, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $70,867. Those with someone between 45 and 64 in charge, often well established professionally, earn $90,385 overall. Overall, 86.2% of the locals in this community live above the poverty line.
Average renter income in Wake Village
To get a better sense of what renters earn on average in Wake Village, their median household income was $48,581 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 24.4%, shows what portion of their earnings goes toward housing expenses.
Employment in Wake Village
Workforce and job types in Wake Village
The job market in Wake Village is powered by 2,899 working residents, spread across a range of industries and roles. 77% of the working population are employed in professional or administrative positions, while 23% are in hands-on or service-based jobs. Also, 4% run their own businesses, 68.2% are employed by private companies, and 15.3% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Wake Village stands at 2%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Wake Village
How people get around in Wake Village
Commuting methods vary: 93.2% of residents travel by personal vehicle and 1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Wake Village by zipcode?
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FAQs about Wake Village demographics
What is the total population of Wake Village?
What is the gender ratio in Wake Village?
- 46.4% males (2,722 residents)
- 53.6% females (3,145 residents)
What is the median age in Wake Village?
What is the age distribution of the population in Wake Village?
- Under 15: 24.4% (1,430 residents)
- Ages 15-24: 10.3% (604 residents)
- Ages 25-44: 28.6% (1,678 residents)
- Ages 45-64: 22.9% (1,342 residents)
- Over 65: 13.9% (813 residents)
What is the racial and ethnic makeup of Wake Village?
- White: 62.4% (3,660 residents)
- Black or African American: 28.3% (1,658 residents)
- American Indian and Alaska Native: 0% (3 residents)
- Asian: 2.3% (137 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 6% (355 residents)
- Other: 0.9% (54 residents)
What percentage of the population in Wake Village are U.S.-born citizens?
How many housing units are there in Wake Village?
How many households are in Wake Village and what is the average household size?
What is the median household income in Wake Village?
What is the employment rate and job market overview for Wake Village?
Job types:
- White-collar workers: 77% (2,231 residents)
- Blue-collar workers: 23% (668 residents)
Places of employment:
- Self-employed: 4% (116 residents)
- Private companies: 68.2% (1,977 residents)
- Governmental workers: 15.3% (443 residents)
- Not-for-profit companies: 12.5% (363 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.