Massachusetts · Census place 72250
Wakefield CDP, MA
Quick answer
Wakefield CDP has 27,284 residents, ranking #60 of 248 places in Massachusetts. Median household income is $130,320, the median home is worth $670,100 and median gross rent runs $1,872 a month.
- Population
- 27,284Wakefield CDP residents
- Median household income
- $130,320Past 12 months, inflation adjusted
- Median home value
- $670,100Owner-occupied units
- Median gross rent
- $1,872Rent plus utilities, monthly
- Median age
- 42.9 yrsAll residents
- Homeownership rate
- 70.4%Owner-occupied households
What the numbers mean in Wakefield CDP
Housing cost measured against local earnings.
A household earning the Wakefield CDP median would spend about 17.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.6% of residents and 70.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Massachusetts.
- Milton CDP 28,481
- Danvers CDP 27,924
- Milford CDP 27,919
- Belmont CDP 27,009
- Burlington CDP 26,223
- Reading CDP 25,448
- Dedham CDP 25,109
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