Wakefield, MA Real Estate
According to census data in the year 2000 there were 9,937 housing units in Wakefield.
This represents a 4.4% growth from 9,520 in 1990.
Of those housing units, 9,937 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Wakefield is about 72%.
Wakefield's vacancy rate, including seasonal lodging, is about 1.9%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Wakefield were built after 1949.
|Housing Units by Size|
|Five Bedrooms or more||4%|
Owned Homes, Apartments and Condos
|Average Household Size||2.83|
|Median year structure was built||1948|
|Median Value of occupied units||$242,400|
|Median Price asked for vacant units||$162,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.73|
|Median year structure was built||1951|
|Median Monthly Rent asked for vacant units||$684|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||13.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|