Wakefield, MA Employment - Median Household Income, Unemployment Rate

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A+

79%

Income/capita NAT. AVG.

87%

Household income NAT. AVG.

60%

Unemployment NAT. AVG.

Index	Wakefield	Massachusetts	National
Income per capita	$53,524	$38,069	$29,829
Median household income	$103,696	$70,954	$55,322
Median income owner occupied	$131,059	$95,052	$70,586
Median income renter occupied	$65,507	$39,116	$35,192
Median earnings male	$71,250	$45,946	$36,919
Median earnings female	$44,377	$32,028	$26,250
Unemployment rate	1.9%	4.6%	4.7%
Poverty level	5.0%	11.4%	15.1%

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Key findings

The income per capita in Wakefield is 79% higher than the national average
The median household income in Wakefield is 87% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Wakefield is 60% lower than the national average
The poverty level in Wakefield is 67% lower than the national average

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am i middle class

$69,123 $103,696 $207,392

City

$47,297 $70,954 $141,908

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Wakefield median earnings by income bracket

Wakefield employment by industry

Labour Type	Male	Female
Construction industry	13.2%	13.2%
Manufacturing sector	9.9%	9.9%
Financial & insurance services	8.2%	8.2%
Wholesale & retail services	14.7%	14.7%
Public administration	5.2%	5.2%
Transportation, warehousing & utilities	6.9%	6.9%
Education, health & social services	11.9%	11.9%
Other	27.4%	27.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Boxford, MA	2,925	$222,153	301.6%
Wellesley, MA	28,747	$213,684	286.3%
Lexington, MA	33,304	$185,686	235.6%
Cochituate, MA	6,730	$175,729	217.6%
Winchester, MA	22,760	$173,058	212.8%
Wakefield, MA	27,041	$103,696	87.4%

Cities with similar population

City	Population	Household Income	National Avg.
Wheeling, WV	27,046	$41,911	24.2%
Magna, UT	27,029	$68,765	24.3%
Sainte-Thérèse, QC	27,055	n/a
Norco, CA	27,021	$106,370	92.3%
Mason City, IA	27,064	$53,406	3.5%
Wakefield, MA	27,041	$103,696	87.4%

Source: The Wakefield, MA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).