Median Income
$125,592
household / year
Median Home Value
$646,400
owner-occupied
Median Rent
$1,742
gross / month
Cost of Living
112
national avg = 100

Is Wakefield, MA a Good Place to Live?

Wakefield is a small city of 27,054 in Massachusetts, with a median household income of $125,592 and a 4.0% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Wakefield stands out for lower-than-average crime, solid school ratings (A+), a well-educated population.

Trade-offs: Potential downsides include an above-average cost of living, high home prices, longer commutes. Whether Wakefield is right for you depends on your priorities — the full breakdown is below.

All Wakefield city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 111.6

Wakefield's overall cost of living index is 111.6, where 100 represents the US national average. Living in Wakefield costs roughly 12% more than the average American city.

Metric Wakefield, MA National Avg
Median Home Value $646,400 $244,900
Median Monthly Rent $1,742 $1,163
Homeownership Rate 71.4% 65.9%
Median Household Income $125,592 $74,755

Crime & Safety

Very Safe

Wakefield's violent crime rate is 174.9 per 100,000 residents — 54% lower than the national average of ~380 per 100,000.

Violent Crime
174.9 /100k
Property Crime
409.2 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Wakefield is served primarily by Wakefield. The student-to-teacher ratio is 11.4:1 (better than the national average of ~16:1).

Metric Wakefield, MA National Avg
School District Wakefield —
Elementary Schools 4 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 11.4:1 16:1
Bachelor's Degree or Higher 56.9% 35.4%
High School Diploma or Higher 95.6% 91.1%

Weather & Climate

Wakefield sees average highs of 37.6°F in January and 83.8°F in July, with 50.0 inches of annual precipitation and 63.5 inches of snow per year.

MetricWakefield, MA
Average High — January37.6°F
Average High — July83.8°F
Annual Precipitation50.0"
Annual Snowfall63.5"

Demographics

MetricWakefield, MANational Avg
Population27,054—
Median Age43.338.9
Unemployment Rate4.0%3.7%
Avg Commute Time32.8 min26 min
White (non-Hispanic)90.5%59.3%
Black or African American1.0%13.6%
Hispanic or Latino2.2%18.9%
Asian4.1%6.3%
Under 1820.2%22.2%
65 and over19.1%16.8%

Nearby Cities

ZIP Codes in Wakefield

Wakefield, MA is covered by 1 ZIP code:

Wakefield vs Other Cities

Frequently Asked Questions

Wakefield's cost of living index is 112, where 100 is the national average. That puts Wakefield roughly 12% above the national average in cost. The median home price is $646,400 and median rent is $1,742/month.
Wakefield's violent crime rate is 174.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 409.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Wakefield are operated by Wakefield. The district has 4 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 11.4:1. 56.9% of adults 25+ hold a bachelor's degree or higher.
Wakefield, MA has a population of 27,054, a median household income of $125,592, and an unemployment rate of 4.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Wakefield averages 37.6°F in January and 83.8°F in July. Annual rainfall is 50.0 inches with about 63.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Wakefield, MA is covered by 1 ZIP code: 01880.
The population of Wakefield, Massachusetts is 27,054 with a median age of 43.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Wakefield: cost of living index 112 (100 = US average), median home $646,400, median household income $125,592, crime index 35 (100 = US average, lower is safer), schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Wakefield side by side with your current city to see the trade-offs.