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Economy in Boston, Massachusetts

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

EconomyBoston, MAUnited States
Unemployment Rate6.20%8.60%
Recent Job Growth-0.01%0.35%
Future Job Growth33.78%32.10%
Sales Taxes5.00%5.00%
Income Taxes5.30%4.70%
Income per Cap.$30,511$26,154
Household Income$50,755$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.97%12.37%
Income between 15K and 25K9.33%10.53%
Income between 25K and 35K9.29%10.88%
Income between 35K and 50K13.71%15.37%
Income between 50K and 75K18.16%20.14%
Income between 75K and 100K12.04%12.41%
Income between 100K and 150K12.03%11.27%
Income between 150K and 250K5.84%5.01%
Income between 250K and 500K2.41%1.86%
Income greater than 500K0.22%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.67%14.04%
Professional and Related Occupations27.31%20.61%
Service17.55%14.45%
Sales and Office25.40%26.75%
Farming, Fishing, and Forestry0.08%0.70%
Construction, Extraction, and Maintenance4.91%9.42%
Production, Transportation, and Material Moving8.08%14.05%


Median Household Income

The unemployment rate in Boston, MA, is 6.20%, with job growth of -0.01%. Future job growth over the next ten years is predicted to be 33.78%.

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 $30,511, which includes all adults and children. The median household income is $50,755.


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