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Economy in Berkley, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyBerkley, MAUnited States
Unemployment Rate7.50%9.10%
Recent Job Growth-0.05%-0.12%
Future Job Growth32.40%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$29,752$27,067
Household Income$86,711$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.29%12.10%
Income between 15K and 25K4.90%10.18%
Income between 25K and 35K4.62%10.56%
Income between 35K and 50K5.09%14.98%
Income between 50K and 75K21.06%19.53%
Income between 75K and 100K21.48%12.52%
Income between 100K and 150K28.31%12.14%
Income between 150K and 250K8.34%3.91%
Income between 250K and 500K1.88%3.34%
Income greater than 500K0.05%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.52%13.81%
Professional and Related Occupations24.38%22.68%
Service13.90%14.51%
Sales and Office23.83%25.22%
Farming, Fishing, and Forestry0.39%0.68%
Construction, Extraction, and Maintenance12.80%9.37%
Production, Transportation, and Material Moving17.14%15.86%
Median Household Income

The unemployment rate in Berkley, MA, is 7.50%, with job growth of -0.05%. Future job growth over the next ten years is predicted to be 32.40%.

Berkley, MA Taxes

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

Berkley, MA Income and Salaries

The income per capita is $29,752, which includes all adults and children. The median household income is $86,711.


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