Median Income
$71,000
6% lower than US avg
Home Value
$150,000
47% lower than US avg
Bachelor's+
9.7%
71% lower than US avg
Median Rent
$740
36% lower than US avg
Unemployment
7.3%
103% higher than US avg
Poverty Rate
12.4%
0% lower than US avg
How Wakefield Compares to the U.S. Average (100% = U.S. avg)
People
Population2,722
Median Age46.0 yrs
Density36/mi²
Male / Female50% / 50%
Largest GroupWhite 99%
Economy
B
Median Income$71,000
Per Capita$40,880
Unemployment7.3%
Poverty12.4%
Commute20 min
Housing
A+
Home Value$150,000
Rent$740
OwnershipN/A
Housing Units1,135
Rent Burden9.9%
Education
D
Bachelor's+9.7%
High School+36.3%
Graduate+2.0%
Is Wakefield a Good Place to Live?
Based on current data, Wakefield receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment. Wakefield offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Wakefield is $71,000, roughly in line with the national average of $75,149. The unemployment rate of 7.3% is somewhat elevated compared to the national rate of 3.6%. 12.4% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 20 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Wakefield is $150,000, 47% below the national median — offering relatively affordable homeownership. Renters pay a median of $740 per month, below the national average — a plus for affordability. At just 2.1x median income, home prices are very affordable relative to local earnings.
Education
9.7% of residents hold a bachelor's degree, below the national average of 33.7%. 36.3% have completed high school.
Wakefield has a population of 2,722 with a density of 36 people per square mile. The median age is 46.0 years, 18% older than the national median of 38.9. The city is predominantly White (98.9%).
Population
46.0yrs
Median Age
18% above US avg
Race & Ethnicity
Wakefield vs U.S. Average
Language Spoken at Home
| English Only | 95.8% |
| 22% above US avg |
| Spanish | 1.3% |
| 90% below US avg |
| Other Languages | 2.9% |
Social Characteristics
Wakefield vs U.S. Average
The median household income in Wakefield is $71,000, which is 6% below the national average of $75,149. The unemployment rate is 7.3% (above the 3.6% US average). 12.4% of residents live below the poverty line. Workers commute an average of 20 minutes.
Income: Wakefield vs U.S.
Income
| Median HH Income | $71,000 |
| 6% below US avg |
| Per Capita Income | $40,880 |
Employment & Poverty
| Unemployment | 7.3% |
| 103% above US avg |
| Poverty Rate | 12.4% |
| 0% below US avg |
Commute & Transportation
| Commute Time | 19.8 min |
| Drive Alone | 87.3% |
| Public Transit | 0.0% |
| Work from Home | 16.9% |
The median home value in Wakefield is $150,000, 47% below the national average. Monthly rent averages $740 (36% below US avg).
Home Values
| Census Median | $150,000 |
| 47% below US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $740 |
| 36% below US avg |
| Rent Burden | 9.9% |
Ownership & Property
| Owner-Occupied | 83.3% |
| Renter-Occupied | 16.7% |
| Housing Units | 1,135 |
Property Tax
Health Metrics: Wakefield vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Wakefield vs U.S. Average (per 100,000)
Geography
| Area | 75.8 sq mi (196.3 km²) |
| Population Density | 36/sq mi |
| Coordinates | 0.0000°N, 0.0000°W |