Economy in Lawrence, Massachusetts
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Economy
| Unemployment Rate | 18.20% | 9.10% |
| Recent Job Growth | 4.40% | -0.12% |
| Future Job Growth | 30.60% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $14,972 | $27,067 |
| Household Income | $33,383 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 23.97% | 12.10% |
| Income between 15K and 25K | 15.21% | 10.18% |
| Income between 25K and 35K | 12.85% | 10.56% |
| Income between 35K and 50K | 15.26% | 14.98% |
| Income between 50K and 75K | 17.22% | 19.53% |
| Income between 75K and 100K | 7.67% | 12.52% |
| Income between 100K and 150K | 5.96% | 12.14% |
| Income between 150K and 250K | 0.84% | 3.91% |
| Income between 250K and 500K | 0.85% | 3.34% |
| Income greater than 500K | 0.15% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.71% | 13.81% |
| Professional and Related Occupations | 17.84% | 22.68% |
| Service | 18.95% | 14.51% |
| Sales and Office | 22.20% | 25.22% |
| Farming, Fishing, and Forestry | 0.49% | 0.68% |
| Construction, Extraction, and Maintenance | 7.06% | 9.37% |
| Production, Transportation, and Material Moving | 25.66% | 15.86% |
The unemployment rate in Lawrence, MA, is 18.20%, with job growth of 4.40%. Future job growth over the next ten years is predicted to be 30.60%.
Lawrence, MA Taxes
Lawrence, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Lawrence, MA Income and Salaries
The income per capita is $14,972, which includes all adults and children. The median household income is $33,383.
Lawrence Economy SperlingViews
One of the last affordable places in metro Boston: Natives of the Boston area tend to be a bit provincial and quick to judge people by where they live. Lawrence has had some down years. It lacks the sterling reputation... (read more)Have an opinion about Lawrence? Leave a commentTo See All SperlingViews for Lawrence Click Here
