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Economy in Concord, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyConcord, MAUnited States
Unemployment Rate4.90%9.10%
Recent Job Growth0.32%-0.12%
Future Job Growth35.74%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$59,405$27,067
Household Income$116,618$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.01%12.10%
Income between 15K and 25K3.04%10.18%
Income between 25K and 35K3.25%10.56%
Income between 35K and 50K7.68%14.98%
Income between 50K and 75K12.72%19.53%
Income between 75K and 100K11.06%12.52%
Income between 100K and 150K19.83%12.14%
Income between 150K and 250K11.26%3.91%
Income between 250K and 500K18.45%3.34%
Income greater than 500K7.69%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations26.87%13.81%
Professional and Related Occupations40.84%22.68%
Service6.61%14.51%
Sales and Office20.68%25.22%
Farming, Fishing, and Forestry0.15%0.68%
Construction, Extraction, and Maintenance3.15%9.37%
Production, Transportation, and Material Moving2.72%15.86%
Median Household Income

The unemployment rate in Concord, MA, is 4.90%, with job growth of 0.32%. Future job growth over the next ten years is predicted to be 35.74%.

Concord, MA Taxes

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

Concord, MA Income and Salaries

The income per capita is $59,405, which includes all adults and children. The median household income is $116,618.


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