Wakefield, MA Employment - Median Household Income, Unemployment Rate

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A+

77%

Income/capita NAT. AVG.

91%

Household income NAT. AVG.

59%

Unemployment NAT. AVG.

Index	Wakefield	Massachusetts	National
Income per capita	$79,410	$57,616	$44,883
Median household income	$155,036	$106,188	$81,333
Median income owner occupied	$194,588	$143,346	$106,172
Median income renter occupied	$99,481	$57,502	$52,080
Median earnings male	$103,206	$67,299	$54,343
Median earnings female	$65,880	$46,306	$38,439
Unemployment rate	2.0%	4.8%	4.9%
Poverty level	5.0%	11.4%	15.1%

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13 Parker Rd

Wakefield, MA

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Wakefield, MA

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Wakefield, MA

Key findings

The income per capita in Wakefield is 77% higher than the national average
The median household income in Wakefield is 91% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Wakefield is 59% 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

$103,346 $155,036 $310,072

City

$70,784 $106,188 $212,376

State

$54,216 $81,333 $162,666

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	3,040	$335,760	312.8%
Wellesley, MA	29,744	$322,415	296.4%
Lexington, MA	34,058	$280,113	244.4%
Cochituate, MA	6,978	$262,151	222.3%
Winchester, MA	23,430	$260,290	220.0%
Wakefield, MA	28,061	$155,036	90.6%

Cities with similar population

City	Population	Household Income	National Avg.
Lake Jackson, TX	28,060	$119,465	46.9%
Glen Cove, NY	28,057	$118,884	46.2%
Plum, PA	28,078	$123,683	52.1%
Citrus Park, FL	28,085	$91,973	13.1%
Belmont, CA	28,035	$238,428	193.2%
Wakefield, MA	28,061	$155,036	90.6%

Source: The Wakefield, MA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.