How many renters in Wakefield, MA pay more than 30% of their income on rent?
43.7% (±8.9 points) of renting households in Wakefield, MA spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
34.2% spend 35% or more.
The median renting household spends 27.5% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 43.7% (±8.9 points)
- Paying 35% or more
- 34.2% (±6.9 points)
- Median share of income
- 27.5% (±3.0 points)
Rent as a share of income in Wakefield
| Share of income spent on rent | Wakefield | Middlesex County | Massachusetts | United States |
|---|---|---|---|---|
| Less than 15% | 10.3% (±5.4 points) | 13.1% | 12.4% | 12.6% |
| 15% to 19.9% | 16.2% (±6.9 points) | 13.5% | 11.6% | 12.2% |
| 20% to 24.9% | 16.9% (±5.8 points) | 14.2% | 12.3% | 12.6% |
| 25% to 29.9% | 12.9% (±5.8 points) | 12.0% | 12.0% | 11.5% |
| 30% to 34.9% | 9.5% (±5.6 points) | 9.5% | 10.0% | 9.2% |
| 35% or more | 34.2% (±6.9 points) | 37.6% | 41.8% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Wakefield against Middlesex County, its state and the nation
| Wakefield | Middlesex County | Massachusetts | United States | |
|---|---|---|---|---|
| Paying 30% or more | 43.7% (±8.9 points) | 47.1% (±1.1 points) | 51.8% (±0.5 points) | 51.1% |
| Paying 35% or more | 34.2% (±6.9 points) | 37.6% (±1.0 points) | 41.8% (±0.4 points) | 41.9% |
| Median share of income | 27.5% (±3.0 points) | 28.8% (±0.4 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $97,946 (±$13,126) | $84,135 (±$1,906) | $60,987 (±$576) | $52,966 |
| Median gross rent | $1,958 (±$102) | $2,201 (±$17) | $1,762 (±$9) | $1,413 |
In Wakefield, the share of renters paying 30% or more of income is not measurably different from Middlesex County (47.1%).
It is not measurably different from Massachusetts (51.8%).
It is not measurably different from the national figure (51.1%).
In Middlesex County, Wakefield ranks 40 of 54 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 251 of 351.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Wakefield
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Wakefield | — | 43.7% (±8.9 points) | — |
| Lynnfield (community) | 2.4 mi | 69.2% (±17.4 points) | Higher |
| Lynnfield | 2.4 mi | 69.2% (±17.4 points) | Higher |
| Stoneham (community) | 2.7 mi | 41.9% (±8.7 points) | Not measurably different |
| Stoneham | 2.7 mi | 41.9% (±8.7 points) | Not measurably different |
| Reading (community) | 3.0 mi | 27.8% (±8.7 points) | Lower |
| Reading | 3.0 mi | 27.8% (±8.7 points) | Lower |
| Melrose | 3.4 mi | 50.3% (±7.6 points) | Not measurably different |
| Saugus (community) | 3.6 mi | 53.0% (±11.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Reading (community), MA (27.8%), Reading, MA (27.8%).
Nearby places with a measurably higher figure: Lynnfield (community), MA (69.2%), Lynnfield, MA (69.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Middlesex County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 34 | Pepperell | 45.0% (±14.4 points) |
| 35 (tie) | Cambridge | 44.9% (±2.0 points) |
| 35 (tie) | Maynard | 44.9% (±11.7 points) |
| 37 | Sudbury | 44.8% (±15.4 points) |
| 38 | Waltham | 44.6% (±5.2 points) |
| 39 | Groton | 43.8% (±18.5 points) |
| 40 | Wakefield | 43.7% (±8.9 points) |
| 41 | Newton | 43.3% (±4.6 points) |
| 42 | Wayland | 42.8% (±19.1 points) |
| 43 | Watertown | 42.7% (±5.2 points) |
| 44 | Billerica | 42.3% (±10.4 points) |
| 45 | Bedford | 42.0% (±11.1 points) |
| 46 | Stoneham | 41.9% (±8.7 points) |
Showing 13 of 54 places in Middlesex County, ranked from highest to lowest.
The figures for Wakefield include the places inside it that have pages of their own: Wakefield (community).
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
What you can do on Seayora in Wakefield
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Wakefield, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Wakefield beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Wakefield, and send estimates and invoices from your phone.
Questions about Wakefield
Are renters in Wakefield rent-burdened?
43.7% of renting households in Wakefield pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Wakefield spend on rent?
The median renting household in Wakefield, MA spends 27.5% (±3.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wakefield town, Middlesex County, Massachusetts
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Wakefield town, Middlesex County, Massachusetts
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wakefield town, Middlesex County, Massachusetts
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Wakefield town, Middlesex County, Massachusetts (county subdivision:72215, in state:25 county:017).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Wakefield at a glance
- Median rent in Wakefield
- Rent by bedrooms in Wakefield
- Renters and owners in Wakefield
- Income and affordability in Wakefield
- Home values in Wakefield
- Homeowner costs in Wakefield
- Property taxes in Wakefield
- Types of homes in Wakefield
- Bedrooms in Wakefield
- Age of homes in Wakefield
- Heating fuel in Wakefield
- Commute and cars in Wakefield
- Crime reported to police in Wakefield
- Population growth in Wakefield
- How long people stay in Wakefield
- Crowding and facilities in Wakefield
- Massachusetts landlord and tenant rules
- Housing across Middlesex County
- Massachusetts places ranked by rent burden
- Housing data for every place in Massachusetts