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2024 Compare Cities Economy:
Shrewsbury, MA vs Wake Forest, NC

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Highlights
- Household income in Wake Forest, is 12% less than it is in Shrewsbury and is 34% above the National Average.
- Shrewsbury unemployment rate is 5.1%.
- Wake Forest unemployment rate is 3.6%.

Economy
 Shrewsbury, MAWake Forest, NCUnited States
 Unemployment Rate5.1%3.6%6.0%
 Recent Job Growth4.2%3.0%1.6%
 Future Job Growth39.2%51.6%33.5%
 Sales Taxes6.3%7.3%6.2%
 Income Taxes5.1%5.3%4.6%
 Income per Cap.$53,283$43,601$37,638
 Household Income$117,909$104,006$69,021
 Family Median Income$143,614$112,397$85,028
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 Est. Households By Income
 Shrewsbury, MAWake Forest, NCUnited States
 Income Less Than 15K4.5%2.8%9.4%
 Income between 15K and 20K1.1%1.5%3.8%
 Income between 20K and 30K5.0%3.4%8.1%
 Income between 30K and 40K5.1%4.9%8.0%
 Income between 40K and 50K4.1%8.8%7.6%
 Income between 50K and 60K3.9%7.1%7.2%
 Income between 60K and 75K5.5%6.7%9.6%
 Income between 75K and 100K11.8%12.0%12.8%
 Income between 100K and 150K19.6%23.0%16.3%
 Income between 150K and 200K16.6%16.7%7.8%
 Income greater than 200K22.8%13.2%9.5%
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 Population By Occupation
 Shrewsbury, MAWake Forest, NCUnited States
 Management, business, finance19.7%28.8%16.4%
 Engineering, computers, science19.4%11.1%6.5%
 Community, social services1.9%2.5%1.8%
 Legal0.3%1.3%1.2%
 Education, library7.1%7.5%6.2%
 Arts, design, media, sports, entertainment1.1%1.8%2.0%
 Healthcare practitioners and technology10.4%8.0%6.2%
 Healthcare support1.6%1.4%3.3%
 Firefighters, law enforcement1.6%1.7%2.1%
 Food preparation, serving2.8%3.0%5.4%
 Building maintenance2.4%1.5%3.6%
 Personal care2.8%2.4%2.6%
 Sales, office, administrative support19.2%18.6%20.9%
 Farming, fishing, forestry0.2%0.4%0.6%
 Construction, extraction, maintenance/repair3.4%3.7%8.1%
 Production, transportation, material moving6.3%6.4%13.1%

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Reviews for Shrewsbury    3 Reviews

Having been a resident of Shrewsbury since 1978, I can attest to the findings. As a realtor sharing the views of other realtors, Shrewsbury, I can understand why  More

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Over 10 years ago

Great place to raise your  More

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Over 12 years ago

Shrewsbury resembles a Norman Rockwell painting in the winter months. a suburb of both Boston and downtown Worcester, 50 miles from Boston and 15 minutes from  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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ZIPS IN SHREWSBURY, MASSACHUSETTS
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ZIPS IN WAKE FOREST, NORTH CAROLINA
27587

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