At a Glance
Median Income
$221,793
$76,899 per capita
Home Value
$826,100
Zillow: $215,863
Median Rent
$3,501/mo
21.6% of income on rent
Bachelor's Degree+
73.8%
96.7% high school+
Unemployment
2.5%
0.5% poverty rate
Obesity Rate
21.8%
16.5% smoking rate
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?
A+
4.8 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Wakefield residents earn a median household income of $221,793 , which is 195% above the national average of $75,149.
Per capita income is $76,899. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 0.5% of residents live below the poverty line. The area is home to 38,934 business establishments, including 2,517 restaurants.
Housing & Cost of Living
The median home value in Wakefield is $826,100 , 193% above the national median of $281,900.
Zillow estimates the typical home at $215,863. Median rent is $3,501/month, with 21.6% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1968.
Education
73.8% of adults in Wakefield hold a bachelor's degree or higher
(119% above the national average).
96.7% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Wakefield has an average annual temperature of 54°F (12°C).
Winters average 33°F in January while summers reach 75°F in July. Annual precipitation totals 43.6 inches. Air quality is rated Good with a median AQI of 42.
Data Overview
People
Population12,024
Median Age41.4 yrs
Density287/mi²
Male / Female50% / 50%
Foreign Born20.6%
Veterans9.0%
Economy
A+
Median Income$221,793
Per Capita$76,899
Unemployment2.5%
Poverty0.5%
Avg Weekly Wage$2,194
Housing
A+
Home Value$826,100
Rent$3,501
Ownership92.1%
Zillow$215,863
Housing Units3,644
Rent Burden21.6%
Health
Obesity21.8%
Diabetes7.8%
Smoking16.5%
Heart Disease6.0%
Premature Death3,771/100K
Climate
Avg Temp54°F
Rain43.6 in/yr
AQI42 (Good)
Elevation299 ft
Education
A+
Bachelor's+73.8%
High School+96.7%
Graduate+37.3%
School Score6.2/10
Community
2024 VoteR 31% / D 66%
Commute30 min
Broadband97.2%
Internet Speed242 Mbps
EV Stations3
Libraries22
Did You Know?
The median home in Wakefield was built in 1968.
26.5% work from home.
The nearest airport is Ronald Reagan Washington Ntl (11 miles).
The Gini coefficient (income inequality) is 0.432 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
8.9% of the population has a disability.
20.6% of residents are foreign-born.
Average internet download speed is 242 Mbps.
There are 2,517 restaurants in the area.
The county recorded 58 fatal vehicle crashes.