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Economy in Boston, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBoston, MAUnited States
Unemployment Rate6.80%9.10%
Recent Job Growth0.23%-0.12%
Future Job Growth33.66%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$29,987$27,067
Household Income$52,803$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.39%12.10%
Income between 15K and 25K9.18%10.18%
Income between 25K and 35K8.81%10.56%
Income between 35K and 50K12.74%14.98%
Income between 50K and 75K17.20%19.53%
Income between 75K and 100K12.18%12.52%
Income between 100K and 150K12.52%12.14%
Income between 150K and 250K4.93%3.91%
Income between 250K and 500K3.99%3.34%
Income greater than 500K1.06%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.74%13.81%
Professional and Related Occupations26.97%22.68%
Service17.29%14.51%
Sales and Office21.71%25.22%
Farming, Fishing, and Forestry0.05%0.68%
Construction, Extraction, and Maintenance4.54%9.37%
Production, Transportation, and Material Moving7.57%15.86%
Median Household Income

The unemployment rate in Boston, MA, is 6.80%, with job growth of 0.23%. Future job growth over the next ten years is predicted to be 33.66%.

Boston, MA Taxes

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

Boston, MA Income and Salaries

The income per capita is $29,987, which includes all adults and children. The median household income is $52,803.


Boston Economy SperlingViews

good times city living: I moved to the South End sector of the city 10 years ago after living i the suburb of Norwell for 15 years. I am close to everything so very walkable for everything I... (read more)A great place to live: Boston is a fantastic place to live with great... (read more)Mass Transit: It is virtually impossible to get lost in Boston. Clear signs and maps, even if you are at the wrong stop,it can be easily... (read more)Have an opinion about Boston? Leave a commentTo See All SperlingViews for Boston Click Here