Wakefield, Massachusetts

US Census Bureau ACS 5-Year Estimates ยท 2022

MA

Wakefield Demographics Overview

Total Population
27,054
ACS 2022 estimate
Median Household Income
$125,592
Annual household income
โ–ฒ 68% vs US avg
Median Home Value
$646,400
Owner-occupied homes
โ–ฒ 129% vs US avg
Median Gross Rent
$1,742
Monthly rent (incl. utilities)
โ–ฒ 50% vs US avg
Median Age
43.3 years
Median age of residents
โ–ฒ 11% vs US avg

Income & Economy

Median Household Income
$125,592
US avg: $74,580
vs. National Median+68.4%

Housing

Median Home Value
$646,400
US avg: $281,900
Median Gross Rent
$1,742/mo
US avg: $1,163/mo
Rent vs. National Avg+49.8%

Population

Total Population27,054
Median Age
43.3 years
US avg: 38.9 yrs

Data Source

Data for Wakefield comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Wakefield, MA โ€” Frequently Asked Questions

Common questions about Wakefield demographics

What is the population of Wakefield, Massachusetts?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Wakefield, Massachusetts is 27,054.

What is the median household income in Wakefield?

The median household income in Wakefield, Massachusetts is $125,592 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Wakefield?

Key cost indicators for Wakefield, Massachusetts:. Median home value: $646,400. Median gross rent: $1,742/month. Median household income: $125,592/year

What is the median home value in Wakefield?

The median home value in Wakefield, Massachusetts is $646,400, compared to the national median of approximately $281,900.

What is the average age in Wakefield?

The median age in Wakefield, Massachusetts is 43.3 years, compared to the US national median age of approximately 38.9 years.

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Wakefield, MA Demographics - Population, Income & Housing (2022)