CitytisticsShortlist

Preakness, NJ vs Wakefield, MA

Preakness

New Jersey

vs

Wakefield

Massachusetts

Across 36 directional measures we can compare, Preakness leads on 18 and Wakefield on 18. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 2% higher in Wakefield, and so is median household income.

Median gross rent
$1,918$1,958
Preakness is 2% lower
Median household income
$133,205$134,306
Preakness is 1% lower
Median home value
$617,700$723,500
Preakness is 15% lower

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $104,800 a year left in Preakness and $110,800 in Wakefield. Money goes further in Wakefield, by about $6,000 a year.
  • A household earning Preakness's median of $133,205 would need about $128,500 in Wakefield to keep the same money after rent and local prices.
  • Between the 2020 and 2024 surveys, rent outran pay by 1.5 points a year in Preakness, and rent outran pay by 1.5 points a year in Wakefield.

How these are calculated

MassachusettsNew JerseyWakefield, MAPreakness, NJPreaknessWakefieldPreaknessWakefield

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Wakefield, MAComposite 61.5 / 100
80
477688791156n/a
02Preakness, NJComposite 61.2 / 100
79
537286n/a2466n/a

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasurePreaknessWakefieldAmong all places
Cost of living
Median gross rent1$1,918$1,958
Rent to income117.3%17.5%
Property tax rate1n/a1.1%
Home price to income14.6x5.4x
Prices vs US average2112.6108.3
Fair market rent, 2 bedrooms3$2,282$3,008
HUD area median income4$139,100n/a
Housing
Property tax paid (median)1$10,001$7,779
Median home value1$617,700$723,500
Home prices, 1-year change56.8%3.6%
Home prices, 5-year change558.0%45.5%
Homeownership170.6%70.7%
Renters paying 30%+151.4%43.7%
Owner costs with a mortgage1$3,542$3,178
Vacant homes13.7%4.1%
Median year built119671956
Jobs and income
Median household income1$133,205$134,306
Income per person1$57,082$67,454
Unemployment14.6%4.4%
Average annual pay6$64,775$118,479
Pay growth, 1 year61.7%4.2%
Jobs6174,268903,942
Poverty rate13.3%4.9%
Mean commute130 min33 min
Works from home116.9%24.6%
Commutes by transit15.1%6.2%
People
Population118,52027,793
Median age141.042.4
Bachelor's or higher157.1%59.7%
High school or higher195.9%96.4%
Household size12.82.4
Born abroad121.8%10.7%
No health insurance12.5%1.4%
Homes with broadband192.9%94.0%
Moving
Moved here in the past year14.9%2.8%
Moved from another state11.0%2.6%
Net movers per 1,000 people7-12.5-8.3
Income of households moving in7$69,274$106,686
Income of households moving out7$70,870$125,858
Local life
Restaurants and bars per 10k820.823.5
Shops per 10k835.328.4
Arts, recreation and fitness per 10k82.85.3
Doctors' offices and clinics per 10k822.320.4
Child care centers per 10k82.63.8
Parks per 10k915.110.4
Playgrounds per 10k926.511.9
Grocery stores per 10k92.71.1
Restaurants, cafes and bars per 10k928.619.1
Libraries per 10k91.10.7
Named paths and bike trails90.24.9
Transit stops per sq mi913.410.8
Nearest National Park Service site102.83.8
National Park Service sites within 60 miles102214
National Register listings114393
Founded or incorporated12n/a1638
Safety
Violent crime per 100k13n/a138
Property crime per 100k13n/a333
Schools
Public schools141498
Public school students1482,8084,763
Students per teacher1412.011.3
Climate
July average high1584°F84°F
January average low1520°F17°F
Average temperature1551°F49°F
Annual precipitation1548.6 in47.4 in
Hazards and air
Natural hazard risk1695.897.0
Hurricane risk1687.995.5
Tornado risk1688.890.1
Wildfire risk1616.172.8
Heat wave risk1696.295.7
Median air quality index174138
Good air days1773.6%81.9%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Preakness $76,720, Wakefield $78,320 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Wikidata · Wikimedia Foundation (CC0) · Retrieved 2026-11
  13. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  14. Common Core of Data · National Center for Education Statistics · 2024 release
  15. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  16. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  17. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

Keep comparing

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