Everett, MA is a dynamic city on the North Shore of Massachusetts. It has a vibrant culture and many popular local businesses. Some of these companies include Everett Bank, Ron's Fish Market, and Lincoln Street Pizza. The cost of living in Everett is generally higher than the US average across most categories. This includes rent for two-bedrooms which tends to be around $2,460 versus the national average of $1,430. Additionally, grocery costs are higher in Everett with an index value of 109 compared to 100 nationally. Despite these higher costs there are many benefits associated with living in Everett such as its central location along the coast and its access to restaurants and other attractions.
Everett has an unemployment rate of 6.7%. The US average is 6.0%.
Everett has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.
Tax Rates for Everett
- The Sales Tax Rate for Everett is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Everett is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Everett
- The average income of a Everett resident is $23,419 a year. The US average is $28,555 a year.
- The Median household income of a Everett resident is $71,510 a year. The US average is $69,021 a year.