Wakefield vs Norfolk
| Wakefield | Norfolk | |
|---|---|---|
| Population | 11,621 | 236,973 |
| Median Household Income | $237,975 | $66,109 |
| Median Home Value | $861,600 | $289,900 |
| Median Gross Rent | $3,501/mo | $1,321/mo |
| Homeownership Rate | 91.6% | 46.3% |
| Unemployment Rate | 2.8% | 4.7% |
| Bachelor's Degree or Higher | 73.8% | 33.5% |
| Median Age | 41.3 | 32.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.