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Economy in Amherst, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyAmherst, MAUnited States
Unemployment Rate3.40%9.10%
Recent Job Growth0.14%-0.12%
Future Job Growth36.88%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$24,784$27,067
Household Income$59,448$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.91%12.10%
Income between 15K and 25K10.45%10.18%
Income between 25K and 35K8.94%10.56%
Income between 35K and 50K13.15%14.98%
Income between 50K and 75K14.43%19.53%
Income between 75K and 100K11.74%12.52%
Income between 100K and 150K13.97%12.14%
Income between 150K and 250K8.19%3.91%
Income between 250K and 500K6.41%3.34%
Income greater than 500K0.82%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.41%13.81%
Professional and Related Occupations44.05%22.68%
Service18.94%14.51%
Sales and Office23.42%25.22%
Farming, Fishing, and Forestry0.33%0.68%
Construction, Extraction, and Maintenance2.20%9.37%
Production, Transportation, and Material Moving5.55%15.86%
Median Household Income

The unemployment rate in Amherst, MA, is 3.40%, with job growth of 0.14%. Future job growth over the next ten years is predicted to be 36.88%.

Amherst, MA Taxes

Amherst, MA,sales tax rate is 5.00%. Income tax is 5.30%.

Amherst, MA Income and Salaries

The income per capita is $24,784, which includes all adults and children. The median household income is $59,448.


Amherst Economy SperlingViews

Normal winter?: I moved to Amherst from southern Marin, California, in early November. This winter has been really challenging! The sun has not made many appearances, and we have had... (read more)Great Little University City: This place is great if you're in academia! Little bit expensive... (read more)Have an opinion about Amherst? Leave a commentTo See All SperlingViews for Amherst Click Here