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Wakefield, MA

Comprehensive demographics, housing data, local amenities, and economic statistics for Wakefield.

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Community Insights

High Incomes
$138k/year
top 5% nationally
Highly Educated
32% bachelor's · 17% graduate
top 6% nationally
Leading Industries
Arts, Food & Hospitality · Healthcare · Public Administration
14% arts, food & hospitality
Home Value Growth⬆⬆
+12.2% over 2 years
Young Adults
27% of residents
near the national average
Homeowners
71% of occupied units

People & Demographics

Total Population27,793
Households
Under 18
20.0%
Age 18–34
27.0%
Age 35–64
34.0%
Age 65+
19.0%
Veterans
3.0%
Active Duty
0.0%

Housing & Living

Median Home Value$725,400
Median Gross Rent$1,988/mo
Owner Occupied
70.7%
Renter Occupied
29.3%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$137,727
Poverty Rate

Key Industries

Healthcare17.0%
Professional Services2.0%
Manufacturing0.0%
Retail8.0%
Education2.0%

Amenities & Transit

Transit Score79 / 100
Walkability / Amenities74 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
32.0%
Master's or Higher
17.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Wakefield?

The total population of Wakefield is approximately 27,793. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Wakefield walkable and transit-friendly?

Based on local geographic data, Wakefield has an amenity and walkability score of 74/100 and a transit score of 79/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Wakefield?

The housing market in Wakefield is predominantly driven by homeowners, with 71% of housing units being owner-occupied and 29% being renter-occupied.

What is the education level of residents in Wakefield?

In Wakefield, approximately 32% of adult residents hold a bachelor's degree or higher. Additionally, 17% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.