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Wakefield, MA

Full City Profile · Massachusetts · Suffolk County County

3.6 /5.0
B+ Good
27,284 Population 3,692/sq mi density
$130,320 Median Income $67,001 per capita
$670,100 Home Value $797,699 Zillow
$1,872 Median Rent 27.6% income on rent
51°F Avg Temperature 259 sunny days/yr
136 Violent Crime/100K 603 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$130,320 median income, 3.1% unemployment
B+
Affordability
3.8 / 5.0
$670,100 home value, $1,872/mo rent
F
Safety
1.0 / 5.0
136 violent crimes/100K
A+
Education
5.0 / 5.0
57.0% bachelor's degree or higher

Change Over Time (2013–2023)

Population Change
+7.4%
25,400 → 27,284
over 10 years
Annual Pop. Growth
+0.72%
Compound annual growth rate
Median Income Change
+55.1%
$84,011 → $130,320
nominal, not inflation-adjusted
Annual Income Growth
+4.49%
Compound annual growth rate

Population Over Time

Total population for Wakefield across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
28,689
+1,405 from 2023 (27,284)
Projected Median Income 2030
$177,229
+$46,909 from 2023 ($130,320)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 25,400 $84,011
2015 26,157 +3% $85,573 +1.9%
2017 26,823 +2.5% $92,252 +7.8%
2019 26,993 +0.6% $100,278 +8.7%
2021 27,041 +0.2% $110,372 +10.1%
2023 27,284 +0.9% $130,320 +18.1%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.