With 27,793 people, Wakefield is a city in Massachusetts. 60% of adults hold a bachelor's degree, against 36% nationally. Home values have roughly tripled since 2000, reaching $723,500. Few US cities rank higher on income. The median household earns $134,306, about 63% above the national median. There are 3,759 people per square mile.
At a glance
Wealthier
median household income $134,306, above the US median
US median: $82,259
Older
median age 42.4
US median: 38.9
More educated
60% hold a bachelor's degree
US average: 36%
Less affordable
home values up 65%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Wakefield
What changed most since 1990
Adults with a bachelor's degree26.0% → 59.7%(+33.7 pts)US over the same years: +15.3 pts
White share98.0% → 85.5%(−12.5 pts)US over the same years: −17.8 pts
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)17.2%(111)
US avg: 26.4%
Gulf War (1990s)14.5%(94)
US avg: 24.3%
Vietnam era29.4%(190)
US avg: 33.1%
Korean War17.9%(116)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 647 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Wakefield, decade by decade
Wakefield population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
24,825
$105,507
$453,613
26.0%
4.9
2000
24,804
$120,442
$437,744
39.7%
8.9
2010
24,932
$128,387
$599,740
47.6%
16.8
2020
27,090
$125,684
$676,075
53.6%
32.6
2024
27,793
$134,306
$723,500
59.7%
32.8
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.