Economy in Gloucester, Massachusetts
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Economy
| Unemployment Rate | 10.60% | 9.10% |
| Recent Job Growth | -0.84% | -0.12% |
| Future Job Growth | 27.72% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $32,675 | $27,067 |
| Household Income | $61,356 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.95% | 12.10% |
| Income between 15K and 25K | 7.28% | 10.18% |
| Income between 25K and 35K | 7.87% | 10.56% |
| Income between 35K and 50K | 13.52% | 14.98% |
| Income between 50K and 75K | 20.37% | 19.53% |
| Income between 75K and 100K | 15.17% | 12.52% |
| Income between 100K and 150K | 14.48% | 12.14% |
| Income between 150K and 250K | 4.93% | 3.91% |
| Income between 250K and 500K | 3.53% | 3.34% |
| Income greater than 500K | 0.90% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.24% | 13.81% |
| Professional and Related Occupations | 25.80% | 22.68% |
| Service | 14.75% | 14.51% |
| Sales and Office | 23.10% | 25.22% |
| Farming, Fishing, and Forestry | 1.96% | 0.68% |
| Construction, Extraction, and Maintenance | 7.72% | 9.37% |
| Production, Transportation, and Material Moving | 13.14% | 15.86% |
The unemployment rate in Gloucester, MA, is 10.60%, with job growth of -0.84%. Future job growth over the next ten years is predicted to be 27.72%.
Gloucester, MA Taxes
Gloucester, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Gloucester, MA Income and Salaries
The income per capita is $32,675, which includes all adults and children. The median household income is $61,356.
Gloucester Economy SperlingViews
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