At a Glance
Median Income
$130,320
$67,001 per capita
Home Value
$670,100
Zillow: $797,699
Median Rent
$1,872/mo
27.6% of income on rent
Violent Crime
136/100K
603/100K property
Bachelor's Degree+
57.0%
95.8% high school+
Unemployment
3.1%
3.3% poverty rate
Obesity Rate
24.0%
9.2% smoking rate
Avg Temperature
51°F
259 sunny days/yr
How Wakefield Compares to the U.S. Average
Each bar shows Wakefield's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Wakefield a Good Place to Live?
B+
3.6 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Wakefield residents earn a median household income of $130,320 , which is 73% above the national average of $75,149.
Per capita income is $67,001. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). 3.3% of residents live below the poverty line. The area is home to 33,364 business establishments, including 2,747 restaurants.
Housing & Cost of Living
The median home value in Wakefield is $670,100 , 138% above the national median of $281,900.
Zillow estimates the typical home at $797,699. Median rent is $1,872/month, with 27.6% of renters spending more than 30% of income on housing. The cost of living index is 105.8 (100 = national average). The median home was built in 1957.
Safety & Crime
Wakefield reports 136 violent crimes per 100,000 residents
, which is 64% below the national average of 380/100K.
Property crime is 603/100K. The murder rate is 0.0/100K.
Education
57.0% of adults in Wakefield hold a bachelor's degree or higher
(69% above the national average).
95.8% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Wakefield has an average annual temperature of 51°F (10°C).
Winters average 28°F in January while summers reach 73°F in July. The area gets 259 sunny days per year. Annual precipitation totals 50.0 inches. Air quality is rated Good with a median AQI of 37.
Data Overview
People
Population27,284
Median Age42.9 yrs
Density3,692/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans3.9%
Economy
A+
Median Income$130,320
Per Capita$67,001
Unemployment3.1%
Poverty3.3%
County GDP$190,778M
Avg Weekly Wage$2,525
Housing
B+
Home Value$670,100
Rent$1,872
Ownership70.4%
Zillow$797,699
Housing Units11,335
Rent Burden27.6%
Crime
F
Violent136/100K
Property603/100K
Murder0.0/100K
Assault114/100K
Burglary92/100K
Health
Obesity24.0%
Diabetes6.7%
Smoking9.2%
Heart Disease4.1%
Premature Death6,117/100K
Climate
Avg Temp51°F
Sunny Days259/yr
Rain50.0 in/yr
AQI37 (Good)
Elevation71 ft
Education
A+
Bachelor's+57.0%
High School+95.8%
Graduate+25.2%
School Score5.4/10
Community
2024 VoteR 22% / D 75%
Commute32 min
Broadband93.0%
Internet Speed216 Mbps
EV Stations24
Libraries29
Did You Know?
The median home in Wakefield was built in 1957.
22.2% work from home.
The nearest airport is Beverly Regional (9 miles).
The Gini coefficient (income inequality) is 0.528 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
11.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 216 Mbps.
There are 2,747 restaurants in the area.
The county recorded 26 fatal vehicle crashes.
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