Economy in Chester, Massachusetts
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Economy
| Unemployment Rate | 10.40% | 9.10% |
| Recent Job Growth | 1.96% | -0.12% |
| Future Job Growth | 33.52% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $24,143 | $27,067 |
| Household Income | $56,322 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.61% | 12.10% |
| Income between 15K and 25K | 9.05% | 10.18% |
| Income between 25K and 35K | 9.67% | 10.56% |
| Income between 35K and 50K | 17.28% | 14.98% |
| Income between 50K and 75K | 24.49% | 19.53% |
| Income between 75K and 100K | 20.37% | 12.52% |
| Income between 100K and 150K | 8.84% | 12.14% |
| Income between 150K and 250K | 2.06% | 3.91% |
| Income between 250K and 500K | 0.41% | 3.34% |
| Income greater than 500K | 0.21% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.04% | 13.81% |
| Professional and Related Occupations | 23.17% | 22.68% |
| Service | 17.60% | 14.51% |
| Sales and Office | 21.11% | 25.22% |
| Farming, Fishing, and Forestry | 0.59% | 0.68% |
| Construction, Extraction, and Maintenance | 12.76% | 9.37% |
| Production, Transportation, and Material Moving | 24.63% | 15.86% |
The unemployment rate in Chester, MA, is 10.40%, with job growth of 1.96%. Future job growth over the next ten years is predicted to be 33.52%.
Chester, MA Taxes
Chester, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Chester, MA Income and Salaries
The income per capita is $24,143, which includes all adults and children. The median household income is $56,322.
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