Wakefield, Massachusetts is a moderately-sized city with a population of 26,399 people. Wakefield has a population density of 3,571 people per square mile. This would be considered well above the national population density level. According to the most recent Census, 93% of Wakefield residents are White, 3% Asian and 1% Black. 83% of the people in Wakefield (over the age of 15) are married and 58% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Wakefield could be a positive experience compared to other cities in Massachusetts if you know where to search. Finding the best places to live in Wakefield and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, weather, employment and other important metrics.
Wakefield, MA receives 75/100 for its livability score; this results in a ranking of #29 in Massachusetts and #4,821 in the USA. Compared to the United States average, Wakefield ranks among some of the best places to live in the country! There are seven total categories that form the livability score. Wakefield scores well for amenities (A+), crime (A), education (A+) and employment (B+). Wakefield does not rank well for the following: cost of living (F) and weather (D). It might be wise to take a closer look at each category to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Wakefield has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Crime rates can be the deciding factor for anyone looking to relocate to a new area. Wakefield gets top scores for their low violent crime rates of 170 crimes per 100,000 residents, which are significantly lower than the national average.
The average school test scores in Wakefield are 68%. This far exceeds the national average and ensures that this educational system will provide your children with the skills and the tools they need to thrive.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Wakefield is actually affordable. The median home price for Wakefield homes is $433,000, which is 27% higher than the Massachusetts average. If we take a closer look at the affordability of homes in Wakefield, we’ll see that the home price to income ratio is 4.8, which is 0% lower than the Massachusetts average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Wakefield were 5.2%, and the 5 year appreciation rates came in at 6.7%.
|West Cambridge, Cambridge||76||9.6||8,854|
|North Cambridge, Cambridge||75||8.4||13,280|