Pros and Cons of Living In Wakefield, Massachusetts. Is Wakefield, MA a Nice Place To Live or Retire?

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Wakefield, Massachusetts

Moving to Wakefield In Massachusetts ? Is Wakefield, MA a Nice Place To Live? Pros and Cons of Living in Wakefield, Massachusetts. Find out the best and worst about to live, raise a family or retire in Wakefield.

Wakefield is a town in Middlesex County, Massachusetts, United States, in the greater Boston metropolitan area, incorporated in 1812 and located about 12.5 mi (20.1 km) north-northwest of Downtown Boston. Wakefield's population was 27,090 at the 2020 census. Wakefield offers an assortment of activities around the local lake, Lake Quannapowitt.

DEMOGRAPHICS

Population
27041
Unemployment
2.7%
43% NAT AVG.
Poverty
5%
64% NAT AVG.
Cost Of Living
146
46% NAT AVG.

ECONOMICS

Median Home Cost
$557800
143% NAT AVG.
Median Income
$103696
54% NAT AVG.
Median Rent
$1513
30% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
188
70% NAT. AVG.
49% STATE AVG.
Violent Crime
29
72% NAT. AVG.
65% STATE AVG.
Property Crime
159
70% NAT. AVG.
44% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 20
Unemployed People
1 in 37
People Earning < $10,000
1 in 33
People Earning < $50,000
21%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Wakefield USA
White 91.1% 60.1%
African American 0.9% 12.2%
American Indian 0% 0.6%
Asian 2.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.7% 2.8%
Hispanic 3.6% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Wakefield USA
Less than $10,000 3% 5.8%
$10,000 to $14,999 2.2% 4.1%
$15,000 to $24,999 4.3% 8.5%
$25,000 to $34,999 4.4% 8.6%
$35,000 to $49,999 7.1% 12.0%
$50,000 to $74,999 14.9% 17.2%
$75,000 to $99,999 11.5% 12.8%
$100,000 to $149,999 20.2% 15.6%
$150,000 to $199,999 13.8% 7.1%

EDUCATION

Education Wakefield USA
< 9th Grade 3% 5.0%
9-12th Grade 3% 7.0%
High School or GED 20% 27.0%
Other College 13% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 31% 20.0%
Master's Degree 15% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 3% 1.0%
Wakefield is a city in Massachusetts state in USA with a population of 27041 residents.. The poverty rate of Wakefield is 5%, which is 64% lower than national average. The typical household in Wakefield earns $103696 a year, compared to the national median of $67,500. Nearly 21% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Wakefield remained 2.7%, which is 43% lower than national rate.

Cost of living in Wakefield is 146, which is 46% higher than national average. In Wakefield, only 53% of adults have a bachelor's degree and 21% have some college but no degree. Median home value in Wakefield is $557800 , which is 143% higher than national average. While median income in Wakefield remained $103696, which is 54% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Wakefield Scorecard

Jobs90%

Housing90%

Affordability60%

Safety85%

Amenities90%

Diversity50%

Education85%

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