Wakefield, Massachusetts has a population of 27,800, with a median household income of $94,000.
Current housing data for Wakefield.
27,800
$94,000
4.70%
$520,000
3.50
244.00 Mbps
Wakefield is a smaller urban community located in Massachusetts. The city has a population that is above the average city population in Massachusetts, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Situated in Massachusetts, Wakefield provides insight into regional population trends, income levels, and housing conditions.
Wakefield has a population of 27,800, which is higher than the state average. This indicates a relatively larger urban presence within Massachusetts.
The median household income in Wakefield is $94,000, which is below the state average, indicating moderate economic conditions.
The average housing price in Wakefield is about $520,000, making it relatively affordable compared to many cities in Massachusetts.
The unemployment rate in Wakefield is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Wakefield are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Massachusetts, Wakefield shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Wakefield continues to play a role in shaping regional trends in Massachusetts, particularly in terms of economic and demographic factors.
The population of Wakefield is approximately 27,800.
Wakefield offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Wakefield is around $94,000.
The average housing price in Wakefield is approximately $520,000.