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Wakefield, MA Area and Community Summary Information


Community Summary

Wakefield Massachusetts
Community Characteristics
Population 24,544 6,413,424
Population Density 3,287 782
Educational Climate Index 5
Median Age 40.39 37.44
Median Dwelling Age 52 44
In Current Residence 5+ years 55 % 47 %
Median Home Sale Price $372,500
Average household Income $92,454 $80,123
Median Value of Home Equity $235,468 $199,280
Median Mortgage Debt $506,051 $423,313
Total Household Expenditure 129 116
Total Crime Risk 30 73
Weather Risk 101 96
Air Pollution Index 102 99
Median Travel Time to Work 22.98 22.21
     

Population Characteristics

Wakefield Massachusetts
Population 24,544 6,413,424
Population Density 3,287 782
     
Male Population 11,782 3,115,055
Female Population 12,762 3,298,369
     
Population Change Since 1990 -1 % 7 %
Population Change Since 2000 -1 % 1 %
     

Age

Wakefield Massachusetts
Median Age 40.39 37.44
     
Population: Age 0-4 1,531 396,123
Population: Age 5-9 1,401 387,613
Population: Age 10-14 1,500 402,689
Population: Age 15-19 1,373 420,554
Population: Age 20-24 969 423,079
Population: Age 25-29 1,290 425,307
Population: Age 30-34 1,719 432,746
Population: Age 35-39 1,880 463,472
Population: Age 40-44 2,197 505,793
Population: Age 45-49 2,208 507,719
Population: Age 50-54 1,906 460,639
Population: Age 55-59 1,552 401,552
Population: Age 60-64 1,260 318,623
Population: Age 65-69 857 228,530
Population: Age 70-74 840 183,653
Population: Age 75-79 743 164,498
Population: Age 80-84 669 139,350
Population: Age 85+ 649 151,484
     

Race Distribution

Wakefield Massachusetts
Race: White 22,951 5,319,252
Race: American Indian, Eskimo, Aleut 26 13,856
Race: Asian or Pacific Islander 861 328,371
Race: Other 78 219,443
Race: Hawaiian / Pacific Islander 0 378
Race: Black 303 388,376
     

Hispanic Distribution

Wakefield Massachusetts
Population: Hispanic 247 535,768
Population: Not Hispanic 24,297 5,877,656
     

Education

Wakefield Massachusetts
Education: Less than 9th Grade 460 204,860
Education: Some High School 860 275,327
Education: High School Graduate 4,420 1,202,664
Education: Some College 2,555 681,691
Education: Associate Degree 1,488 345,603
Education: Bachelors Degree 4,735 949,827
Education: Graduate Degree 3,252 723,394
     

Marital Status

Wakefield Massachusetts
Never Married 5,429 1,604,017
Now Married 10,990 2,578,645
Separated 547 246,544
Widowed 1,482 361,655
Divorced 1,659 434,975
     

Households

Wakefield Massachusetts
Households 9,609 2,449,728
Average Household Size
     
Households: Family 6,561 1,566,993
Households: Non-Family 3,048 882,735
     
Households: With Children 3,237 812,615
Households: No Children 6,372 1,637,113
     

Housing Characteristics

Wakefield Massachusetts
Median Dwelling Age 52 44
Median Home Sale Price $372,500
Average household Income $92,454 $80,123
Median Value of Home Equity $235,468 $199,280
Median Mortgage Debt $506,051 $423,313
     

Home Ownership

Wakefield Massachusetts
Vacant Dwellings 529 263438
Owner-Occupied Dwellings 7214 1590112
Renter-Occupied Dwellings 2395 859616
     

Turnover

Wakefield Massachusetts
In Current Residence 5+ years 55 % 47 %
Annual Residential Turnover 12 % 14 %
     
Median Years in Residence 6.56 4.67
     

Income Characteristics

Wakefield Massachusetts
Median household income $79,476 $60,921
Average household Income $92,454 $80,123
Per capita income $36,703 $31,576
Median Disposable Income $63,703 $50,399
     

Income Growth

Wakefield Massachusetts
Change in Avg. Household Income Since 1990 81 % 65 %
Change in Avg. Household Income Since 2000 21 % 20 %
     

Household Income

Wakefield Massachusetts
Household Income: $0-$10,000 372 190,010
Household Income: $10,000-$15,000 215 99,325
Household Income: $15,000-$20,000 283 108,438
Household Income: $20,000-$25,000 294 107,918
Household Income: $25,000-$30,000 305 106,579
Household Income: $30,000-$35,000 287 100,352
Household Income: $35,000-$40,000 290 96,077
Household Income: $40,000-$45,000 393 104,845
Household Income: $45,000-$50,000 393 95,279
Household Income: $50,000-$60,000 732 200,934
Household Income: $60,000-$75,000 988 252,167
Household Income: $75,000-$100,000 1,470 341,457
Household Income: $100,000-$125,000 1,312 227,196
Household Income: $125,000-$150,000 873 138,986
Household Income: $150,000-$200,000 707 130,006
Household Income: $200,000-$250,000 212 46,678
Household Income: $250,000-$500,000 244 57,815
Household Income: $500,000+ 239 45,666
     

Median Income

Wakefield Massachusetts
Median Income: Age < 25 $51,667 $37,413
Median Income: Age 25-34 $80,593 $57,700
Median Income: Age 35-44 $87,251 $68,586
Median Income: Age 45-54 $96,034 $74,984
Median Income: Age 55-64 $78,089 $67,452
Median Income: Age 65-74 $55,345 $48,647
Median Income: Age 75+ $55,000 $36,007
     

Cost of Living Index

Wakefield Massachusetts
Total Household Expenditure 129 116
Contributions 137 121
Personal Insurance 136 119
Apparel 129 116
Education 140 122
Entertainment 130 116
Food And Beverages 126 114
Health Care 123 113
Household Furnishings And Equipment 134 118
Shelter 130 116
Household Operations 136 119
Miscellaneous Expenses 126 114
Personal Care 128 115
Reading 130 116
Tobacco 115 109
Transportation 128 114
Utilities 123 113
Gifts 137 120
     
Sales Tax Rate 5 %
     

Financial Characteristics

Wakefield Massachusetts
Median Household Net Worth $220,520 $174,042
Average Household Net Worth $696,814 $577,681
Median Value of Home Equity $235,468 $199,280
Median Mortgage Debt $506,051 $423,313
     

Net Worth

Wakefield Massachusetts
Net Worth: $0 or Less 906 266,712
Net Worth: $1-$5,000 1,018 300,600
Net Worth: $5,000-$10,000 580 159,594
Net Worth: $10,000-$25,000 1,109 289,089
Net Worth: $25,000-$50,000 1,276 321,160
Net Worth: $50,000-$100,000 1,636 404,216
Net Worth: $100,000-$250,000 2,044 487,761
Net Worth: $250,000-$500,000 860 198,374
Net Worth: Greater Than $500,000 516 113,300
     

Investments and Debt

Wakefield Massachusetts
Median Value of Transaction Accounts $36,386 $30,695
Median Value of Certificates of Deposit $8,650 $7,606
Median Value of Savings Bonds $1,391 $1,202
Median Value of Bonds (Not US Savings) $17,999 $14,465
Median Value of Stocks $56,053 $45,617
Median Value of Mutual Funds $44,565 $36,664
Median Value of Retirement Accounts $98,277 $79,765
Median Value of Cash Value Life Ins $8,308 $7,007
Median Value of Other Managed Accounts $22,986 $18,955
Median Value of Other Financial Assets $6,444 $5,376
Median Value of Any Financial Assets $301,060 $247,353
Median Value of Vehicles Owned $22,132 $19,387
Median Value of Investment Property Equity $54,936 $45,521
Median Value of Business Equity $38,064 $31,572
Median Value of Other Non-Financial Assets $147,715 $121,125
Median Value of Any Non-Financial Assets $7,736 $6,428
Median Installment Loan Debt $83,179 $69,630
Median Lines of Credit Debt $11,233 $9,189
Median Credit Card Debt $968 $792
Median Investment Real Estate Debt $10,207 $9,259
Median Other Debt $21,924 $17,674
Median Total Debts $266,054 $206,654
     

Occupation

Wakefield Massachusetts
     
Occupations: White Collar 12,522 2,857,747
Occupations: Blue Collar 2,790 660,023
     
Business Counts: Professional Specialty Occupations 2,523 657,653
Business Counts: Sales Professionals 473 94,612
Business Counts: Technologies and Technicians 535 138,338
Business Counts: Sales Workers and Clerks 1,148 284,015
Business Counts: Administrative Support 3,298 670,684
Business Counts: Technical, Sales and Administrative: Field Occupations 50 8,700
Business Counts: Private Household 0 121
Business Counts: Protective Services 176 57,083
Business Counts: Other Services: Site Based 1,772 445,600
Business Counts: Other Services: Field Based 120 23,847
Business Counts: Farming, Forestry, and Fishing 266 65,919
Business Counts: Precision, Craft, and Repair: Site Based 1,102 250,573
Business Counts: Construction, Repair and Mining: Field Based 438 105,008
Business Counts: Machine Operators, Assemblers and Inspectors 295 74,469
Business Counts: Transportation Materials Moving Workers 362 84,262
Business Counts: Handlers, Helpers and Laborers 327 79,792
     
Employees: Agricultural, Forestry, Fishing 119 27,532
Employees: Mining 11 1,986
Employees: Construction 717 140,751
Employees: Manufacturing 1,038 354,806
Employees: Transportation and Communications 1,225 134,962
Employees: Wholesale Trade 795 154,804
Employees: Retail Trade 2,146 684,372
Employees: Finance, Insurance and Real Estate 2,031 283,960
Employees: Services 6,956 1,566,459
Employees: Public Administration 274 168,138
     

Transportation & Commute

Wakefield Massachusetts
Median Travel Time to Work 22.98 22.21
Transportation to Work: Public 9 % 9 %
Transportation to Work: Drive / Carpool 85 % 83 %
Transportation to Work: Walk / Bike / Other 2 % 5 %
Transportation to Work: Work at Home 3 % 3 %
     

Crime Risk

Wakefield Massachusetts
Total Crime Risk 30 73
     
Personal Crime Risk 28 97
Murder Risk 5 39
Rape Risk 60 85
Robbery Risk 11 86
Assault Risk 15 106
     
Property Crime Risk 38 70
Burglary Risk 52 72
Larceny Risk 38 66
Motor Vehicle Theft Risk 34 90
     

Temperature & Rain

Wakefield Massachusetts
Average January High Temperature 35.2 35.21
Average January Low Temperature 15.7 17.07
Average July High Temperature 82.5 81.18
Average July Low Temperature 60.4 61.11
     
Annual Precipitation 48.31 46.68
     

Weather Risk Index

Wakefield Massachusetts
Weather Risk 101 96
Earthquake Risk 84 70
Hail Index 75 75
Hurricane Index 122 128
Tornado Index 77 56
Wind Index 103 115
     

Environmental Quality Index

Wakefield Massachusetts
Air Pollution Index 102 99
Ozone Index 102 101
Carbon Monoxide Index 89 94
Lead Index 107 103
NO2 Index 119 102
Particulate Matter Index 91 95
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
01880
$79,304
Median Value of Home Equity
Zip
1
01880
$235,207
Fastest Growing (change since 2000)
Zip
1
01880
-1 %
Longest Commute
Zip
1
01880
22.98
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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