Wellfleet, MA is a small town located on Cape Cod in Massachusetts. This coastal community offers a relaxed lifestyle with its proximity to beaches and beautiful scenery. Despite its small size, Wellfleet is home to several businesses and organizations such as the Wellfleet Historical Society, PJ's Bar & Grill, Mac's Seafood Market, and White Crest Beach Shop. Living costs in Wellfleet are slightly higher than the rest of the country; rent for a two bedroom apartment is $1,830 compared to $1,430 nationally. The grocery cost index is also higher at 112 versus 100 in the US. Overall, Wellfleet offers an enviable quality of life with great access to outdoor activities paired with a moderate cost of living.
Wellfleet has an unemployment rate of 13.7%. The US average is 6.0%.
Wellfleet has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Wellfleet
- The Sales Tax Rate for Wellfleet is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Wellfleet is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wellfleet
- The average income of a Wellfleet resident is $34,711 a year. The US average is $28,555 a year.
- The Median household income of a Wellfleet resident is $90,208 a year. The US average is $69,021 a year.