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The total population of Wakefield town is estimated to be 27,054 with 13,509 males (49.93%) and 13,545 females (50.07%). There are 36 more females than males in Wakefield town.
The median household income in Wakefield town was $119,302 in 2021, which marked an an increase of 1,800(1.53%) from $117,502 in 2020. This income is 159.91% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Wakefield town sees its highest median household income among householders in the age group of 45 to 64 years old, at $143,054. Overall, the median household income for the town of Wakefield town stands at $119,302.
In Wakefield town, the median income for all workers aged 15 years and older, regardless of work hours, was $76,179 for males and $47,686 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $100,458 for males and $84,897 for females.
In Wakefield town, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, White households have the highest median household income at $124,712, while Black or African American households represent the opposite end with the lowest median household income of $47,290.
In 2022, the population of Wakefield town was 27,069, a 0.19% decrease year-by-year from 2021. Previously, in 2021, Wakefield town's population was 27,121, an increase of 0.29% compared to a population of 27,042 in 2020.
The median age in Wakefield, Massachusetts is 43.8, as per 2021 ACS 5-Year Estimates. Of the total population, 16.62% were under the age of 15, 14.73% aged 15 to 29, 50.57% aged 30 to 64, 15.46% aged 65 to 84, and 2.63% were 85 years of age and older.
Racial distribution of Wakefield town population: 91.88% are White, 1.17% are Black or African American, 0.02% are American Indian and Alaska Native, 3.83% are Asian, 0.37% are some other race and 2.73% are multiracial.