Last updated: 2024 BLS data · Page refreshed:
Wakefield has a population of 1,683 with a median age of 52.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,683 |
| Median Age | 52.8 |
| White | 93.7% |
| Asian | 0.9% |
| Hispanic or Latino | 0.4% |
| Other / Two or More Races | 5.0% |
The median household income in Wakefield is $55,759, which is 30.8% below the national median of $80,610. The per capita income is $34,648. The poverty rate is 15.0%.
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In Wakefield, 98.6% of residents age 25+ have a high school diploma or higher, and 13.4% hold a bachelor's degree or higher (3.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.6% |
| Bachelor's Degree or Higher | 13.4% |
| Graduate or Professional Degree | 3.2% |
The median home value in Wakefield is $79,100, below the national median of $303,400. The median monthly rent is $649. The homeownership rate is 82.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $79,100 |
| Median Monthly Rent | $649 |
| Homeownership Rate | 82.1% |
| Vacancy Rate | 23.2% |
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