Wakefield is a medium-sized town located in the state of Massachusetts. With a population of 29,216 people and five associated neighborhoods, Wakefield is the 73rd largest community in Massachusetts.
Housing costs in Wakefield are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.
Also of interest is that Wakefield has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.59% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Wakefield is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
One downside of living in Wakefield, however, is that residents on average have to contend with a long commute, spending on average 32.68 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
For the size of the town, public transportation in Wakefield is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Wakefield, the benefits are reduced air pollution and congestion on the highways.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Wakefield. 59.69% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Wakefield in 2022 was $67,454, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $269,816 for a family of four.
Wakefield is a somewhat ethnically-diverse town. The people who call Wakefield home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wakefield residents report their race to be White, followed by Asian. Important ancestries of people in Wakefield include Irish, Italian, English, German, and Polish.
The most common language spoken in Wakefield is English. Other important languages spoken here include Chinese and Spanish.