Economy in Cummington, Massachusetts
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Economy
| Unemployment Rate | 12.40% | 9.10% |
| Recent Job Growth | 4.12% | -0.12% |
| Future Job Growth | 35.84% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $25,237 | $27,067 |
| Household Income | $51,198 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 8.88% | 12.10% |
| Income between 15K and 25K | 8.88% | 10.18% |
| Income between 25K and 35K | 11.49% | 10.56% |
| Income between 35K and 50K | 19.58% | 14.98% |
| Income between 50K and 75K | 28.20% | 19.53% |
| Income between 75K and 100K | 11.23% | 12.52% |
| Income between 100K and 150K | 7.31% | 12.14% |
| Income between 150K and 250K | 2.61% | 3.91% |
| Income between 250K and 500K | 1.57% | 3.34% |
| Income greater than 500K | 0.26% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.85% | 13.81% |
| Professional and Related Occupations | 38.91% | 22.68% |
| Service | 9.62% | 14.51% |
| Sales and Office | 20.08% | 25.22% |
| Farming, Fishing, and Forestry | 2.09% | 0.68% |
| Construction, Extraction, and Maintenance | 9.83% | 9.37% |
| Production, Transportation, and Material Moving | 12.55% | 15.86% |
The unemployment rate in Cummington, MA, is 12.40%, with job growth of 4.12%. Future job growth over the next ten years is predicted to be 35.84%.
Cummington, MA Taxes
Cummington, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Cummington, MA Income and Salaries
The income per capita is $25,237, which includes all adults and children. The median household income is $51,198.
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