Shrink-resist effects and properties of the knitted fabrics from wool/acrylic(W/A) fiber blends were determined to find out an optimal blending ratio keeping the quality properties of wool products. The test fabrics were knitted by a weft knitting machine with all needle knitting structure ($0{ imes}0$ rib) under the same knitting conditions with five different types of yarns: $W100\%,;A100\%$, and W/A blended yarns(70/30, 50/50, 30/70). Shrinkage during repeated washing, electrostatic propensity, thermal resistance and pilling propensity of W/A knits. The shrink resistance was significantly enhanced on repeated washing of W/A knits, especially, over $50\%$ acrylic blended knits. Addition of strong physical force and alkali detergent applied in this washing experiment brought about superior effects with the low shrinkage rate although it was very severe washing conditions for wool fabrics. The results from the washing experiment implies that W/A blend knits can be machine washed at individual households with other ordinary laundry. There was some changes and variation found in thermal resistance, electrostatic propensity, and pilling. W/A 50/50 blended knits did not bring serious changes to other physical properties comparing with original wool, which helps consumers care wool knitted clothes more conveniently.