Wakefield, Massachusetts Internet Speed

Wakefield, Massachusetts has a population of 27,800, with a median household income of $94,000.

Current internet speed data for Wakefield.

244.00 Mbps

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Population

27,800

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Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

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Crime Rate

3.50

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Internet Speed

244.00 Mbps

Wakefield is a smaller urban community located in Massachusetts. The city has a population that is above the average city population in Massachusetts, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Wakefield is a notable city in Massachusetts, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Wakefield has a population of 27,800, which is higher than the state average. This indicates a relatively larger urban presence within Massachusetts.

Income and Economy

The median household income in Wakefield is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Wakefield is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Wakefield is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Wakefield are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Wakefield shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Massachusetts, Wakefield contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Wakefield

What is the population of Wakefield?

The population of Wakefield is approximately 27,800.

Is Wakefield a good place to live?

Wakefield offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Wakefield?

The median household income in Wakefield is around $94,000.

How expensive is housing in Wakefield?

The average housing price in Wakefield is approximately $520,000.