Wayland, Massachusetts Median Income

Wayland, Massachusetts has a population of 13,800, with a median household income of $94,000.

Current median income data for Wayland.

$94,000

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Population

13,800

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Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

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Crime Rate

3.50

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Internet Speed

220.00 Mbps

Wayland is a small local community located in Massachusetts. The city has a population that is below 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.

Wayland is a notable city in Massachusetts, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Wayland has a population of 13,800, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Wayland is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Wayland is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Wayland is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Wayland are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Wayland shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Wayland offers a balanced mix of economic conditions, population trends, and housing opportunities within Massachusetts.

Frequently Asked Questions about Wayland

What is the population of Wayland?

The population of Wayland is approximately 13,800.

Is Wayland a good place to live?

Wayland offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Wayland?

The median household income in Wayland is around $94,000.

How expensive is housing in Wayland?

The average housing price in Wayland is approximately $520,000.