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Economy in Lincoln, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyLincoln, MAUnited States
Unemployment Rate4.50%9.10%
Recent Job Growth0.23%-0.12%
Future Job Growth35.96%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$55,714$27,067
Household Income$102,674$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K1.75%12.10%
Income between 15K and 25K3.43%10.18%
Income between 25K and 35K4.18%10.56%
Income between 35K and 50K9.68%14.98%
Income between 50K and 75K16.43%19.53%
Income between 75K and 100K13.46%12.52%
Income between 100K and 150K18.64%12.14%
Income between 150K and 250K7.71%3.91%
Income between 250K and 500K15.82%3.34%
Income greater than 500K8.89%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations26.65%13.81%
Professional and Related Occupations39.90%22.68%
Service8.08%14.51%
Sales and Office18.05%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance2.62%9.37%
Production, Transportation, and Material Moving2.62%15.86%
Median Household Income

The unemployment rate in Lincoln, MA, is 4.50%, with job growth of 0.23%. Future job growth over the next ten years is predicted to be 35.96%.

Lincoln, MA Taxes

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

Lincoln, MA Income and Salaries

The income per capita is $55,714, which includes all adults and children. The median household income is $102,674.


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