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Economy in Canton, Massachusetts

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

Economy
EconomyCanton, MAUnited States
Unemployment Rate6.80%9.10%
Recent Job Growth0.55%-0.12%
Future Job Growth34.30%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$43,073$27,067
Household Income$87,263$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.21%12.10%
Income between 15K and 25K5.57%10.18%
Income between 25K and 35K5.39%10.56%
Income between 35K and 50K8.95%14.98%
Income between 50K and 75K15.58%19.53%
Income between 75K and 100K15.31%12.52%
Income between 100K and 150K22.74%12.14%
Income between 150K and 250K8.87%3.91%
Income between 250K and 500K8.61%3.34%
Income greater than 500K1.77%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations21.79%13.81%
Professional and Related Occupations29.21%22.68%
Service11.14%14.51%
Sales and Office25.28%25.22%
Farming, Fishing, and Forestry0.25%0.68%
Construction, Extraction, and Maintenance7.04%9.37%
Production, Transportation, and Material Moving6.41%15.86%
Median Household Income

The unemployment rate in Canton, MA, is 6.80%, with job growth of 0.55%. Future job growth over the next ten years is predicted to be 34.30%.

Canton, MA Taxes

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

Canton, MA Income and Salaries

The income per capita is $43,073, which includes all adults and children. The median household income is $87,263.


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