Wakefield CDP, Massachusetts
CityPopulation: 27,284 (2023 estimate)
Located in Massachusetts , Massachusetts
Census Bureau data for Wakefield CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Wakefield CDP
- What is the median household income in Wakefield CDP?
- The median household income in Wakefield CDP is $130,320 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Wakefield CDP?
- The poverty rate in Wakefield CDP is 3.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in Wakefield CDP?
- $670,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in Wakefield CDP?
- The median gross rent in Wakefield CDP is $1,872 per month (U.S. Census Bureau ACS 2023).
- What percentage of Wakefield CDP residents have a college degree?
- 57.0% of adults in Wakefield CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
27,284
Median Income
$130,320
Median Home Value
$670,100
Poverty Rate
3.3%
Unemployment (ACS 2023)
4.5%
Median Age
42.0 yrs
Since 2019
Median Income:
+$30,042 (+30%)
Home Value:
+$164,300 (+32.5%)
Poverty Rate:
+1.2 pp (+57.1%)
Bachelor's+:
+5.8 pp (+11.3%)
Unemployment:
+1.4 pp (+45.2%)
Demographics
Total Population
27,284
Median Age
42.0
Female
49.4%
Race & Ethnicity
Hispanic or Latino 2.4%
White (non-Hisp.) 87.1%
Black 0.8%
Asian 4.9%
Two or More 5.0%
Other 1.3%
Asian Subgroups (% of total pop.)
Indian
1.9%
Chinese
1.7%
Filipino
0.3%
Vietnamese
0.3%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Cuban
0.4%
Puerto Rican
0.2%
Mexican
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$130,320
±$13,013
+$28,979 vs. state
Per Capita Income
$170,032
Median Family Income
$163,313
Poverty Rate
3.3%
-3.3 pp vs. state
Child Poverty Rate
4.5%
Working-Age Poverty Rate
—
SNAP Recipients
5.5%
Social Security Income
—
Retirement Income
26.3%
Household Income Distribution
< $10k
3.8%
$10–15k
1.0%
$15–25k
4.0%
$25–35k
4.1%
$35–50k
4.8%
$50–75k
8.3%
$75–100k
9.2%
$100–150k
21.6%
$150–200k
14.1%
$200k+
29.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
11,526
Owner-Occupied
70.4%
Renter-Occupied
29.6%
Vacancy Rate
4.0%
Median Home Value
$670,100
+$144,300 vs. state
Median Gross Rent
$1,872
Owner Cost Burden (30%+)
20.6%
Renter Cost Burden (30%+)
37.1%
Home Value Distribution
< $50k
1.4%
$50–100k
1.6%
$100–200k
0.7%
$200–300k
3.0%
$300–500k
11.2%
$500k–$1M
72.2%
$1M+
9.9%
Gross Rent Distribution
< $500
7.7%
$500–1k
6.7%
$1–1.5k
14.9%
$1.5–2k
27.9%
$2–2.5k
17.4%
$2.5–3.5k
18.1%
$3.5k+
7.3%
Vehicle Availability
No vehicle
4.1%
1 vehicle
37.2%
2 vehicles
43.4%
3+
15.3%
Housing Type
Single-fam. det.
54.9%
Single-fam. att.
5.0%
2–4 units
14.9%
5–19 units
3.0%
20+ units
12.0%
Housing Age
Pre-1940
32.2%
1940–1969
7.8%
1970–1999
5.9%
2000–2009
7.6%
2010+
7.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
95.8%
Bachelor's or Higher
57.0%
+10.4 pp vs. state
Graduate Degree
25.1%
Some College / Associate
11.5%
Less Than High School
1.8%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
69.4%
Unemployment Rate
4.5%
-0.6 pp vs. state
Work from Home
22.2%
Self-Employed
3.8%
Government Workers
13.7%
Private For-Profit
82.3%
Industry
Edu/Health
25.6%
Prof. Services
18.4%
Manufacturing
8.9%
Finance
8.8%
Construction
8.8%
Retail
8.0%
Arts/Entmt.
6.0%
Transportation
3.7%
Public Admin
3.6%
Wholesale
2.7%
Information
2.5%
Occupation
Management
60.4%
Sales
18.3%
Food Prep
8.3%
Construction
7.1%
Production
5.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
31.8 min
Drove Alone
62.9%
Carpool
5.0%
Public Transit
6.9%
Work from Home
22.2%
Walked
2.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
11,066
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
51.9%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
23.2%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.8%
5–9
5.2%
10–14
4.8%
15–19
4.8%
20–24
4.1%
25–34
12.6%
35–44
14.7%
45–54
12.3%
55–64
7.2%
65–74
8.2%
75–84
10.3%
85+
6.2%
Under 18: 20.0%
Working age (18–64): 80.0%
65 and over: 19.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
10.2%
Naturalized Citizen
66.5%
Speaks English Less Than Very Well
3.5%
Foreign-Born Origin
Asia
41.5%
Europe
25.9%
Latin America
25.0%
Africa
5.0%
Veterans & Disability
Veteran
3.9%
With a Disability
10.9%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.6%
Uninsured
2.4%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
93.0%
Has a Computer
95.0%
Same House 1 Year Ago
92.6%
Moved from Abroad
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023