Wake Island flag vector. Wake Island or Wake Atoll is a coral atoll with a shoreline of 12 miles simply north of the Marshall Islands. it is an unorganized, unincorporated territory of the united states, administered via the place of business of Insular Affairs, U.S. division of the inner. There are about one hundred fifty people living on its 2.85 square miles. access to the island is restricted, and all actions on the island are managed via the U.S. Air drive. there is also a missile facility operated by way of the us military. the most important island, Wake Island, is the center of process on the atoll and is the site of Wake Island Airfield which has a 9,800-foot (3,000 m) runway. On January 6, 2009, President George W. Bush integrated the atoll as a part of the Pacific far flung Islands Marine national Monument. For statistical purposes, Wake is grouped as one among the united states Minor Outlying Islands.