Housing & Real Estate — Wakefield, Massachusetts
Overview
| Total Housing Units | 11,526 |
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| Occupied | 11,066 |
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| Vacant | 460 |
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| Owner-Occupied | 7,795 |
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| Renter-Occupied | 3,271 |
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| Median Home Value (Census) | $723,500 |
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| Estimated 2026 | ~$866,000 |
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| Median Rent | $1,872/mo |
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| Median Property Tax | $7,779/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | N/A |
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| Rent as % of Income | N/A% |
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| Severely Rent-Burdened | 34.2% |
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Housing Age
| Built 2010 or later | 1,000 |
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| Built 2000-2009 | 995 |
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| Built 1990-1999 | 486 |
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| Built before 1960 | 6,660 |
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| Median Year Built | 1957 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
