Median Household Income
$134,306 ± $13,946
Median Home Value
$723,500 ± $24,212
Median Gross Rent
$1,958 ± $102/mo
Per Capita Income
$67,454
Poverty Rate
4.9%
Unemployment Rate
4.4%
Homeownership Rate
70.7%
Bachelor's Degree or Higher
59.7%
Median Age
42.4
Average Commute
25 min
Households
11,270
Veterans
647
Population Over Time
Wakefield grew 7.6% from 2014 to 2024.
2014
25,835
2016
26,399
2018
26,960
2020
27,041
2022
27,054
2024
27,793
Population by Race & Ethnicity
White
86.6%
Hispanic or Latino
2.7%
Black or African American
0.7%
Asian
5.7%
Nearby Cities in Massachusetts
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.