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Economy in Danvers, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyDanvers, MAUnited States
Unemployment Rate6.80%9.10%
Recent Job Growth-0.29%-0.12%
Future Job Growth32.62%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$33,547$27,067
Household Income$71,030$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.18%12.10%
Income between 15K and 25K6.57%10.18%
Income between 25K and 35K8.86%10.56%
Income between 35K and 50K12.37%14.98%
Income between 50K and 75K19.02%19.53%
Income between 75K and 100K17.27%12.52%
Income between 100K and 150K18.30%12.14%
Income between 150K and 250K6.68%3.91%
Income between 250K and 500K4.09%3.34%
Income greater than 500K0.65%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.22%13.81%
Professional and Related Occupations26.89%22.68%
Service14.40%14.51%
Sales and Office24.68%25.22%
Farming, Fishing, and Forestry0.05%0.68%
Construction, Extraction, and Maintenance7.76%9.37%
Production, Transportation, and Material Moving9.54%15.86%
Median Household Income

The unemployment rate in Danvers, MA, is 6.80%, with job growth of -0.29%. Future job growth over the next ten years is predicted to be 32.62%.

Danvers, MA Taxes

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

Danvers, MA Income and Salaries

The income per capita is $33,547, which includes all adults and children. The median household income is $71,030.


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