The median household income in Wakefield, MA in 2022 was $122,999, which was 23.2% greater than the median annual income of $94,488 across the entire state of Massachusetts. Compared to the median income of $66,117 in 2000 this represents an increase of 46.2%. The per capita income in 2022 was $65,573, which means an increase of 53.7% compared to 2000 when it was $30,369.
Whole page based on the data from 2000 / 2022 when the population of Wakefield, Massachusetts was 24,804 / 26,954
Income statistics for all residents
Median household income in Wakefield, MA in 2022:
Wakefield:
$122,999
State:
$94,488
Change in median household income between 2000 and 2022:
Wakefield, Massachusetts:
+86.0%
Massachusetts:
+87.1%
Number of households with income < $10k:
Wakefield:
5.6% (616)
Massachusetts:
5.2% (146,170)
Number of households with income $10k - 20k:
Wakefield:
2.8% (305)
State:
6.4% (180,001)
Number of households with income $20k - 30k:
Wakefield:
2.5% (272)
Massachusetts:
5.6% (156,667)
Number of households with income $30k - 40k:
Wakefield:
5.1% (561)
Massachusetts:
5.6% (157,168)
Number of households with income $40k - 50k:
Wakefield:
3.4% (380)
Massachusetts:
5.4% (151,455)
Number of households with income $50k - 60k:
Wakefield:
3.9% (437)
State:
5.1% (142,726)
Number of households with income $60k - 75k:
Wakefield:
7.1% (786)
State:
7.6% (212,203)
Number of households with income $75k - 100k:
Wakefield:
9.3% (1,031)
State:
11.3% (317,064)
Number of households with income $100k - 125k:
Wakefield:
11.4% (1,265)
Massachusetts:
9.7% (270,603)
Number of households with income $125k - 150k:
Wakefield:
7.8% (858)
State:
8.0% (223,140)
Number of households with income $150k - 200k:
Wakefield:
15.8% (1,747)
Massachusetts:
11.0% (308,695)
Number of households with income > $200k:
Wakefield:
25.4% (2,810)
State:
19.0% (531,884)
Aggregate household income in Wakefield in 2022: $1,757,081,832
Median family income in Wakefield in 2022:
Wakefield:
$155,782
State:
$120,263
Number of families with income < $10k:
Wakefield:
1.9% (132)
State:
2.9% (49,671)
Number of families with income $10k - 20k:
Wakefield:
0.8% (53)
State:
2.9% (50,542)
Number of families with income $20k - 30k:
Wakefield:
1.8% (127)
Massachusetts:
3.9% (66,398)
Number of families with income $30k - 40k:
Wakefield:
3.5% (243)
State:
4.5% (78,234)
Number of families with income $40k - 50k:
Wakefield:
2.8% (193)
State:
4.5% (77,656)
Number of families with income $50k - 60k:
Wakefield:
3.3% (233)
State:
4.5% (77,928)
Number of families with income $60k - 75k:
Wakefield:
5.9% (409)
State:
7.0% (120,295)
Number of families with income $75k - 100k:
Wakefield:
7.0% (486)
State:
11.1% (192,172)
Number of families with income $100k - 125k:
Wakefield:
11.5% (802)
State:
10.6% (182,105)
Number of families with income $125k - 150k:
Wakefield:
9.4% (652)
State:
9.3% (159,566)
Number of families with income $150k - 200k:
Wakefield:
17.3% (1,204)
Massachusetts:
13.4% (231,410)
Number of families with income > $200k:
Wakefield:
34.9% (2,435)
Massachusetts:
25.4% (438,378)
Median non-family income in Wakefield in 2022:
Wakefield:
$76,144
Massachusetts:
$55,979
Change in median non-family income between 2000 and 2022:
Wakefield, Massachusetts:
+108.5%
State:
+88.0%
Median per capita income in Wakefield in 2022:
Wakefield:
$65,573
Massachusetts:
$54,025
Change in median per capita income between 2000 and 2022:
Wakefield, Massachusetts:
+115.9%
State:
+108.2%
Income statistics for White residents
Median household income in Wakefield, MA in 2022:
Wakefield:
$125,184
State:
$101,391
Change in median household income between 2000 and 2022:
Wakefield, Massachusetts:
+89.1%
Massachusetts:
+93.3%
Number of households with income < $10k:
Wakefield:
4.6% (452)
State:
4.4% (91,120)
Number of households with income $10k - 20k:
Wakefield:
2.5% (243)
Massachusetts:
5.9% (122,055)
Number of households with income $20k - 30k:
Wakefield:
2.6% (253)
Massachusetts:
5.1% (105,311)
Number of households with income $30k - 40k:
Wakefield:
5.1% (498)
State:
5.3% (110,239)
Number of households with income $40k - 50k:
Wakefield:
3.0% (291)
State:
5.0% (104,636)
Number of households with income $50k - 60k:
Wakefield:
4.0% (392)
State:
4.8% (99,486)
Number of households with income $60k - 75k:
Wakefield:
7.4% (729)
State:
7.5% (155,124)
Number of households with income $75k - 100k:
Wakefield:
9.4% (919)
Massachusetts:
11.4% (236,252)
Number of households with income $100k - 125k:
Wakefield:
11.0% (1,079)
Massachusetts:
9.9% (204,731)
Number of households with income $125k - 150k:
Wakefield:
8.2% (800)
State:
8.5% (175,324)
Number of households with income $150k - 200k:
Wakefield:
16.3% (1,592)
State:
11.7% (242,980)
Number of households with income > $200k:
Wakefield:
26.0% (2,542)
State:
20.5% (425,966)
Aggregate household income in Wakefield in 2022: $1,585,269,622
Median family income in Wakefield in 2022:
Wakefield:
$159,578
State:
$133,153
Number of families with income < $10k:
Wakefield:
1.6% (100)
State:
2.0% (25,038)
Number of families with income $10k - 20k:
Wakefield:
0.6% (39)
State:
2.1% (26,403)
Number of families with income $20k - 30k:
Wakefield:
2.1% (126)
State:
2.6% (32,525)
Number of families with income $30k - 40k:
Wakefield:
3.0% (186)
State:
3.9% (48,079)
Number of families with income $40k - 50k:
Wakefield:
2.5% (154)
State:
3.8% (46,908)
Number of families with income $50k - 60k:
Wakefield:
2.6% (160)
State:
3.8% (46,476)
Number of families with income $60k - 75k:
Wakefield:
5.7% (351)
State:
6.4% (79,040)
Number of families with income $75k - 100k:
Wakefield:
6.9% (421)
Massachusetts:
11.1% (137,395)
Number of families with income $100k - 125k:
Wakefield:
11.5% (703)
Massachusetts:
11.1% (136,771)
Number of families with income $125k - 150k:
Wakefield:
10.0% (611)
Massachusetts:
10.0% (123,709)
Number of families with income $150k - 200k:
Wakefield:
17.5% (1,072)
State:
14.7% (181,602)
Number of families with income > $200k:
Wakefield:
35.8% (2,188)
Massachusetts:
28.5% (351,887)
Median non-family income in Wakefield in 2022:
Wakefield:
$80,811
State:
$59,323
Change in median non-family income between 2000 and 2022:
Wakefield, Massachusetts:
+119.5%
State:
+94.3%
Median per capita income in Wakefield in 2022:
Wakefield:
$67,873
State:
$60,804
Change in median per capita income between 2000 and 2022:
Wakefield, Massachusetts:
+123.6%
State:
+118.7%
Income statistics for Black or African American residents
Median household income in Wakefield, MA in 2022:
Wakefield:
$100,094
Massachusetts:
$63,189
Change in median household income between 2000 and 2022:
Wakefield, Massachusetts:
+14.7%
State:
+87.4%
Number of households with income < $10k:
Wakefield:
0.0% (0)
State:
9.1% (15,797)
Number of households with income $10k - 20k:
Wakefield:
0.0% (0)
State:
9.4% (16,267)
Number of households with income $20k - 30k:
Wakefield:
0.0% (0)
State:
7.8% (13,520)
Number of households with income $30k - 40k:
Wakefield:
0.0% (0)
State:
8.3% (14,412)
Number of households with income $40k - 50k:
Wakefield:
28.6% (20)
Massachusetts:
7.9% (13,790)
Number of households with income $50k - 60k:
Wakefield:
12.9% (9)
Massachusetts:
5.8% (10,041)
Number of households with income $60k - 75k:
Wakefield:
0.0% (0)
State:
8.5% (14,822)
Number of households with income $75k - 100k:
Wakefield:
0.0% (0)
Massachusetts:
11.0% (19,122)
Number of households with income $100k - 125k:
Wakefield:
31.4% (22)
State:
8.4% (14,575)
Number of households with income $125k - 150k:
Wakefield:
0.0% (0)
State:
6.0% (10,429)
Number of households with income $150k - 200k:
Wakefield:
0.0% (0)
Massachusetts:
7.2% (12,539)
Number of households with income > $200k:
Wakefield:
27.1% (19)
State:
10.5% (18,185)
Aggregate household income in Wakefield in 2022: $8,901,022
Median per capita income in Wakefield in 2022:
Wakefield:
$60,642
State:
$33,524
Income statistics for Asian residents
Median household income in Wakefield, MA in 2022:
Wakefield:
$101,671
State:
$117,855
Change in median household income between 2000 and 2022:
Wakefield, Massachusetts:
+97.1%
State:
+129.9%
Number of households with income < $10k:
Wakefield:
19.2% (109)
State:
6.8% (11,982)
Number of households with income $10k - 20k:
Wakefield:
0.0% (0)
State:
4.8% (8,376)
Number of households with income $20k - 30k:
Wakefield:
1.8% (10)
State:
3.7% (6,558)
Number of households with income $30k - 40k:
Wakefield:
11.4% (65)
State:
3.3% (5,748)
Number of households with income $40k - 50k:
Wakefield:
10.4% (59)
State:
4.1% (7,192)
Number of households with income $50k - 60k:
Wakefield:
0.9% (5)
State:
5.0% (8,734)
Number of households with income $60k - 75k:
Wakefield:
0.0% (0)
State:
5.8% (10,203)
Number of households with income $75k - 100k:
Wakefield:
2.8% (16)
Massachusetts:
8.6% (15,154)
Number of households with income $100k - 125k:
Wakefield:
15.8% (90)
State:
10.8% (18,942)
Number of households with income $125k - 150k:
Wakefield:
6.9% (39)
State:
8.0% (14,037)
Number of households with income $150k - 200k:
Wakefield:
10.4% (59)
State:
12.5% (21,856)
Number of households with income > $200k:
Wakefield:
20.4% (116)
State:
26.6% (46,694)
Aggregate household income in Wakefield in 2022: $66,806,881
Median family income in Wakefield in 2022:
Wakefield:
$169,926
State:
$140,113
Number of families with income $30k - 40k:
Wakefield:
13.8% (41)
Massachusetts:
2.8% (3,234)
Number of families with income $50k - 60k:
Wakefield:
1.8% (5)
Massachusetts:
3.9% (4,606)
Number of families with income $75k - 100k:
Wakefield:
6.0% (18)
Massachusetts:
8.5% (10,022)
Number of families with income $100k - 125k:
Wakefield:
21.0% (63)
Massachusetts:
10.0% (11,697)
Number of families with income $125k - 150k:
Wakefield:
4.3% (13)
State:
8.6% (10,071)
Number of families with income $150k - 200k:
Wakefield:
18.4% (55)
Massachusetts:
13.2% (15,478)
Number of families with income > $200k:
Wakefield:
34.8% (104)
State:
34.0% (39,856)
Median per capita income in Wakefield in 2022:
Wakefield:
$70,514
Massachusetts:
$58,900
Change in median per capita income between 2000 and 2022:
Wakefield, Massachusetts:
+64.2%
Massachusetts:
+174.6%
Income statistics for Hispanic or Latino residents
Median household income in Wakefield, MA in 2022:
Wakefield:
$123,789
State:
$61,523
Number of households with income < $10k:
Wakefield:
6.4% (18)
State:
8.8% (25,307)
Number of households with income $10k - 20k:
Wakefield:
9.6% (27)
State:
10.0% (28,653)
Number of households with income $20k - 30k:
Wakefield:
0.0% (0)
State:
8.8% (25,189)
Number of households with income $30k - 40k:
Wakefield:
0.0% (0)
State:
7.2% (20,822)
Number of households with income $40k - 50k:
Wakefield:
0.0% (0)
State:
7.2% (20,817)
Number of households with income $50k - 60k:
Wakefield:
0.0% (0)
State:
6.5% (18,748)
Number of households with income $60k - 75k:
Wakefield:
9.2% (26)
State:
8.8% (25,390)
Number of households with income $75k - 100k:
Wakefield:
11.7% (33)
State:
12.0% (34,488)
Number of households with income $100k - 125k:
Wakefield:
34.8% (98)
State:
8.6% (24,599)
Number of households with income $125k - 150k:
Wakefield:
0.0% (0)
State:
6.2% (17,743)
Number of households with income $150k - 200k:
Wakefield:
18.8% (53)
State:
7.3% (21,017)
Number of households with income > $200k:
Wakefield:
9.6% (27)
Massachusetts:
8.6% (24,606)
Aggregate household income in Wakefield in 2022: $31,868,247
Median family income in Wakefield in 2022:
Wakefield:
$164,032
State:
$66,072
Number of families with income < $10k:
Wakefield:
9.7% (11)
Massachusetts:
6.2% (12,456)
Number of families with income $10k - 20k:
Wakefield:
10.9% (12)
State:
6.0% (12,071)
Number of families with income $75k - 100k:
Wakefield:
13.2% (15)
Massachusetts:
12.0% (24,088)
Number of families with income $100k - 125k:
Wakefield:
11.2% (13)
Massachusetts:
8.9% (17,954)
Number of families with income $150k - 200k:
Wakefield:
32.0% (37)
State:
7.3% (14,683)
Number of families with income > $200k:
Wakefield:
23.1% (27)
State:
9.3% (18,741)
Median non-family income in Wakefield in 2022:
Wakefield:
$99,778
State:
$37,563
Median per capita income in Wakefield in 2022:
Wakefield:
$59,702
State:
$28,993
Income statistics for American Indian and Alaska Native residents
Aggregate household income in Wakefield in 2022: $1,170,196
Median per capita income in Wakefield in 2022:
Wakefield:
$30,802
State:
$39,434
Income statistics for Multirace residents
Median household income in Wakefield, MA in 2022:
Wakefield:
$95,390
State:
$71,552
Change in median household income between 2000 and 2022:: -7.5%
Wakefield, Massachusetts:
-7.5%
State:
+109.0%
Number of households with income < $10k:
Wakefield:
14.6% (56)
State:
6.6% (15,127)
Number of households with income $10k - 20k:
Wakefield:
10.7% (41)
Massachusetts:
9.2% (21,158)
Number of households with income $20k - 30k:
Wakefield:
1.3% (5)
Massachusetts:
7.8% (18,016)
Number of households with income $30k - 40k:
Wakefield:
4.4% (17)
Massachusetts:
7.9% (18,260)
Number of households with income $40k - 50k:
Wakefield:
0.0% (0)
State:
5.6% (13,027)
Number of households with income $50k - 60k:
Wakefield:
0.0% (0)
State:
5.6% (12,909)
Number of households with income $60k - 75k:
Wakefield:
0.0% (0)
State:
9.0% (20,800)
Number of households with income $75k - 100k:
Wakefield:
28.9% (111)
State:
12.1% (27,875)
Number of households with income $100k - 125k:
Wakefield:
0.0% (0)
Massachusetts:
8.1% (18,754)
Number of households with income $125k - 150k:
Wakefield:
5.2% (20)
State:
6.8% (15,621)
Number of households with income $150k - 200k:
Wakefield:
22.7% (87)
State:
9.4% (21,618)
Number of households with income > $200k:
Wakefield:
12.2% (47)
State:
12.0% (27,592)
Aggregate household income in Wakefield in 2022: $40,203,430
Median family income in Wakefield in 2022:
Wakefield:
$140,854
State:
$78,380
Number of families with income < $10k:
Wakefield:
13.4% (34)
Massachusetts:
4.5% (7,017)
Number of families with income $50k - 60k:
Wakefield:
17.0% (43)
State:
6.7% (10,445)
Number of families with income $75k - 100k:
Wakefield:
15.3% (39)
State:
12.1% (18,758)
Number of families with income $125k - 150k:
Wakefield:
8.6% (22)
Massachusetts:
7.2% (11,128)
Number of families with income $150k - 200k:
Wakefield:
27.2% (69)
State:
10.3% (15,978)
Number of families with income > $200k:
Wakefield:
18.3% (47)
State:
14.0% (21,838)
Median per capita income in Wakefield in 2022:
Wakefield:
$35,820
Massachusetts:
$34,029
Change in median per capita income between 2000 and 2022:
Wakefield, Massachusetts:
+89.0%
State:
+132.1%
Income statistics for other residents
Number of households with income < $10k:
Wakefield:
0.0% (0)
State:
8.4% (11,559)
Number of households with income $10k - 20k:
Wakefield:
61.4% (51)
State:
8.4% (11,499)
Number of households with income $20k - 30k:
Wakefield:
0.0% (0)
State:
9.5% (13,070)
Number of households with income $30k - 40k:
Wakefield:
0.0% (0)
State:
6.0% (8,291)
Number of households with income $40k - 50k:
Wakefield:
0.0% (0)
State:
9.2% (12,611)
Number of households with income $50k - 60k:
Wakefield:
4.8% (4)
State:
7.9% (10,879)
Number of households with income $60k - 75k:
Wakefield:
33.7% (28)
State:
7.5% (10,239)
Number of households with income $75k - 100k:
Wakefield:
0.0% (0)
State:
13.1% (18,032)
Number of households with income $100k - 125k:
Wakefield:
0.0% (0)
Massachusetts:
9.6% (13,141)
Number of households with income $125k - 150k:
Wakefield:
0.0% (0)
State:
5.0% (6,808)
Number of households with income $150k - 200k:
Wakefield:
0.0% (0)
Massachusetts:
6.4% (8,843)
Number of households with income > $200k:
Wakefield:
0.0% (0)
State:
9.0% (12,396)
Aggregate household income in Wakefield in 2022: $4,014,875
Median per capita income in Wakefield in 2022:
Wakefield:
$28,876
State:
$30,797
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