Economy in Fairhaven, Massachusetts
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Economy
| Unemployment Rate | 9.70% | 9.10% |
| Recent Job Growth | 0.84% | -0.12% |
| Future Job Growth | 31.98% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $28,523 | $27,067 |
| Household Income | $56,648 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.55% | 12.10% |
| Income between 15K and 25K | 9.90% | 10.18% |
| Income between 25K and 35K | 9.13% | 10.56% |
| Income between 35K and 50K | 13.63% | 14.98% |
| Income between 50K and 75K | 18.49% | 19.53% |
| Income between 75K and 100K | 14.69% | 12.52% |
| Income between 100K and 150K | 15.91% | 12.14% |
| Income between 150K and 250K | 4.07% | 3.91% |
| Income between 250K and 500K | 1.32% | 3.34% |
| Income greater than 500K | 0.31% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.37% | 13.81% |
| Professional and Related Occupations | 23.77% | 22.68% |
| Service | 13.54% | 14.51% |
| Sales and Office | 26.79% | 25.22% |
| Farming, Fishing, and Forestry | 1.25% | 0.68% |
| Construction, Extraction, and Maintenance | 9.04% | 9.37% |
| Production, Transportation, and Material Moving | 17.48% | 15.86% |
The unemployment rate in Fairhaven, MA, is 9.70%, with job growth of 0.84%. Future job growth over the next ten years is predicted to be 31.98%.
Fairhaven, MA Taxes
Fairhaven, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Fairhaven, MA Income and Salaries
The income per capita is $28,523, which includes all adults and children. The median household income is $56,648.
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