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Economy in Hopkinton, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyHopkinton, MAUnited States
Unemployment Rate5.30%9.10%
Recent Job Growth0.07%-0.12%
Future Job Growth34.84%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$39,554$27,067
Household Income$77,494$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.34%12.10%
Income between 15K and 25K5.59%10.18%
Income between 25K and 35K6.01%10.56%
Income between 35K and 50K9.49%14.98%
Income between 50K and 75K17.30%19.53%
Income between 75K and 100K13.92%12.52%
Income between 100K and 150K19.41%12.14%
Income between 150K and 250K7.70%3.91%
Income between 250K and 500K8.44%3.34%
Income greater than 500K1.79%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations18.79%13.81%
Professional and Related Occupations29.88%22.68%
Service10.18%14.51%
Sales and Office20.53%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance3.31%9.37%
Production, Transportation, and Material Moving6.79%15.86%
Median Household Income

The unemployment rate in Hopkinton, MA, is 5.30%, with job growth of 0.07%. Future job growth over the next ten years is predicted to be 34.84%.

Hopkinton, MA Taxes

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

Hopkinton, MA Income and Salaries

The income per capita is $39,554, which includes all adults and children. The median household income is $77,494.


Hopkinton Economy SperlingViews

A Nice Place To Live: This is a great little town. It is a suburb of Boston, however, Hopkinton is a more rural version of the traditional suburb. What does that mean? Well, there aren't... (read more)Senior living: Hopkinton is a great place for seniors, with a wonderful new senior center in the works and lively programs. However, the weather can be brutal during the... (read more)Hopkinton: Hopkinton was a sleepy little town when we moved here 25 years ago. The schools were not spectacular and taxes were low. Now, however, the schools are state of the are... (read more)Have an opinion about Hopkinton? Leave a commentTo See All SperlingViews for Hopkinton Click Here