Economy in Wakefield, Massachusetts
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Economy
| Unemployment Rate | 6.80% | 9.10% |
| Recent Job Growth | -0.12% | -0.12% |
| Future Job Growth | 32.96% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $43,695 | $27,067 |
| Household Income | $90,604 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.03% | 12.10% |
| Income between 15K and 25K | 5.06% | 10.18% |
| Income between 25K and 35K | 5.29% | 10.56% |
| Income between 35K and 50K | 9.00% | 14.98% |
| Income between 50K and 75K | 16.78% | 19.53% |
| Income between 75K and 100K | 14.51% | 12.52% |
| Income between 100K and 150K | 24.47% | 12.14% |
| Income between 150K and 250K | 10.80% | 3.91% |
| Income between 250K and 500K | 7.98% | 3.34% |
| Income greater than 500K | 1.09% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 21.04% | 13.81% |
| Professional and Related Occupations | 29.00% | 22.68% |
| Service | 10.98% | 14.51% |
| Sales and Office | 26.44% | 25.22% |
| Farming, Fishing, and Forestry | 0.10% | 0.68% |
| Construction, Extraction, and Maintenance | 7.07% | 9.37% |
| Production, Transportation, and Material Moving | 8.91% | 15.86% |
The unemployment rate in Wakefield, MA, is 6.80%, with job growth of -0.12%. Future job growth over the next ten years is predicted to be 32.96%.
Wakefield, MA Taxes
Wakefield, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Wakefield, MA Income and Salaries
The income per capita is $43,695, which includes all adults and children. The median household income is $90,604.
Wakefield Economy SperlingViews
movin on up: i recently moved here & i love it...coming from lynn, this town is paradise. its nice to be able to walk around at night without fearing for your life & to not hear... (read more)Have an opinion about Wakefield? Leave a commentTo See All SperlingViews for Wakefield Click Here
