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Economy in Halifax, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyHalifax, MAUnited States
Unemployment Rate8.70%9.10%
Recent Job Growth-0.55%-0.12%
Future Job Growth30.20%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$33,585$27,067
Household Income$80,393$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.34%12.10%
Income between 15K and 25K7.48%10.18%
Income between 25K and 35K5.87%10.56%
Income between 35K and 50K9.13%14.98%
Income between 50K and 75K19.09%19.53%
Income between 75K and 100K20.35%12.52%
Income between 100K and 150K21.99%12.14%
Income between 150K and 250K7.41%3.91%
Income between 250K and 500K4.06%3.34%
Income greater than 500K0.28%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.09%13.81%
Professional and Related Occupations23.13%22.68%
Service13.85%14.51%
Sales and Office29.09%25.22%
Farming, Fishing, and Forestry0.55%0.68%
Construction, Extraction, and Maintenance10.39%9.37%
Production, Transportation, and Material Moving12.96%15.86%
Median Household Income

The unemployment rate in Halifax, MA, is 8.70%, with job growth of -0.55%. Future job growth over the next ten years is predicted to be 30.20%.

Halifax, MA Taxes

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

Halifax, MA Income and Salaries

The income per capita is $33,585, which includes all adults and children. The median household income is $80,393.


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