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Wakefield, Massachusetts Economy Profile

Official State Website URL- http://www.mass.gov

QuickFacts


 Wakefield, Massachusetts United States
StateMassachusetts
CityWakefield
Total population24,804 281,421,906
Male11,762138,053,563
Female13,042143,368,343
Median age (years)38.935.3
Total households9,747105,480,101
Median household income (dollars)66,11741,994

Wakefield, Massachusetts Economy

The number of private wage and salary workers in Wakefield, Massachusetts equals ten thousand, five hundred and sixty. Government workers comprise twelve point seven one percent of workers in Wakefield, Massachusetts. Self-employed workers in own not incorporated business make up six point nine eight percent of Wakefield, Massachusetts labor force. There are fifty-five unpaid family workers in Wakefield, Massachusetts.

7.01% of population are involved in construction, 10.37% are in manufacturing, and 3.33% are in wholesale trade. 15.27% of labor force provide professional, scientific, management, administrative, and waste management services in Wakefield, Massachusetts. Three point eight one percent of people provide Arts, entertainment, recreation, in Wakefield, Massachusetts.

sixty-eight point six four percent of population 16 years and over is in the active work force in Wakefield, Massachusetts. 78.34% of Wakefield, Massachusetts workers 16 years and over commute to work by car, truck, or van - drive alone. Three point one four percent of Wakefield, Massachusetts residents work at home. 9.15% use public transportation (including taxicab).

 Wakefield, Massachusetts %, Wakefield, Massachusetts United States
Population 16 years and over19,889  217,168,077
In labor force13,652 68.64%63.92%
- Civilian labor force13,644 68.6%63.39%
- - Employed13,217 66.45%59.73%
- - Unemployed427 2.15%3.66%
- - - Percent of civilian labor force3.1  5.8
- Armed Forces8 0.04%0.53%
Not in labor force6,237 31.36%36.08%
 
Females 16 years and over10,555 53.07%51.66%
In labor force6,578 33.07%29.72%
- Civilian labor force6,578 33.07%29.65%
- - Employed6,401 32.18%27.92%
 
Own children under 6 years1,841 9.26%10.05%
All parents in family in labor force1,244  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over13,034  128,279,228
Car, truck, or van -- drove alone10,211 78.34%75.7%
Car, truck, or van -- carpooled894 6.86%12.19%
Public transportation (including taxicab)1,192 9.15%4.73%
Walked256 1.96%2.93%
Other means72 0.55%1.19%
Worked at home409 3.14%3.26%
Mean travel time to work (minutes)27.0 0.21%25.5
 
Employed civilian population 16 years and over13,217  129,721,512
 
OCCUPATION
Management, professional, and related occupations6,292 47.61%33.65%
Service occupations1,303 9.86%14.86%
Sales and office occupations3,622 27.4%26.69%
Farming, fishing, and forestry occupations10 0.08%0.73%
Construction, extraction, and maintenance occupations979 7.41%9.45%
Production, transportation, and material moving occupations1,011 7.65%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining16 0.12%1.87%
Construction927 7.01%6.78%
Manufacturing1,370 10.37%14.1%
Wholesale trade440 3.33%3.6%
Retail trade1,279 9.68%11.73%
Transportation and warehousing, and utilities683 5.17%5.2%
Information477 3.61%3.08%
Finance, insurance, real estate, and rental and leasing1,626 12.3%6.89%
Professional, scientific, management, administrative, and waste management services2,018 15.27%9.3%
Educational, health and social services2,708 20.49%19.92%
Arts, entertainment, recreation, accommodation and food services504 3.81%7.87%
Other services (except public administration)657 4.97%4.87%
Public administration512 3.87%4.79%
 
CLASS OF WORKER
Private wage and salary workers10,560 79.9%78.47%
Government workers1,680 12.71%14.59%
Self-employed workers in own not incorporated business922 6.98%6.63%
Unpaid family workers55 0.42%0.31%
 Wakefield, Massachusetts %, Wakefield, Massachusetts United States
INCOME IN 1999
Households9,776  105,539,122
Less than $10,000425 4.35%9.54%
$10,000 to $14,999351 3.59%6.31%
$15,000 to $24,999677 6.93%12.83%
$25,000 to $34,999769 7.87%12.81%
$35,000 to $49,9991,385 14.17%16.53%
$50,000 to $74,9991,951 19.96%19.46%
$75,000 to $99,9991,783 18.24%10.23%
$100,000 to $149,9991,635 16.72%7.72%
$150,000 to $199,999486 4.97%2.2%
$200,000 or more314 3.21%2.37%
Median household income (dollars)66,117  41,994
With earnings8,114 40.8%39.12%
- Mean earnings (dollars)78,810  56,604
With Social Security income2,756 13.86%12.47%
- Mean Social Security income (dollars)11,422  11,320
With Supplemental Security Income326 1.64%2.13%
- Mean Supplemental Security Income (dollars)8,850  6,320
With public assistance income133 0.67%1.67%
- Mean public assistance income (dollars)5,325  3,032
With retirement income1,774 8.92%8.13%
- Mean retirement income (dollars)14,430  17,376
 
Families6,643  72,261,780
Less than $10,00077 1.16%5.75%
$10,000 to $14,999108 1.63%4.31%
$15,000 to $24,999227 3.42%10.74%
$25,000 to $34,999331 4.98%12.02%
$35,000 to $49,999878 13.22%17.13%
$50,000 to $74,9991,526 22.97%22.32%
$75,000 to $99,9991,483 22.32%12.47%
$100,000 to $149,9991,309 19.7%9.6%
$150,000 to $199,999431 6.49%2.75%
$200,000 or more273 4.11%2.92%
Median family income (dollars)77,834  50,046
 
Per capita income (dollars)30,369  21,587
Median earnings (dollars):
Male full-time, year-round workers51,591  37,057
Female full-time, year-round workers39,327  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families113  6,620,945
With related children under 18 years72 63.72%77.87%
- With related children under 5 years31 27.43%38.7%
 
Families with female householder, no husband present61  3,315,916
With related children under 18 years52 85.25%88.68%
- With related children under 5 years24 39.34%42.27%
 
Individuals759  33,899,812
18 years and over654 86.17%65.35%
- 65 years and over165 21.74%9.7%
Related children under 18 years97 12.78%33.59%
- Related children 5 to 17 years64 8.43%23.52%
Unrelated individuals 15 years and over458 60.34%31.63%
View more about Wakefield, Massachusetts: population  |   housing  |   education  |   economy  |   neighborhood


The data is taken from www.census.gov reports.