Economy in Lynn, Massachusetts
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Economy
| Unemployment Rate | 9.10% | 9.10% |
| Recent Job Growth | -0.17% | -0.12% |
| Future Job Growth | 30.56% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $21,698 | $27,067 |
| Household Income | $45,879 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.77% | 12.10% |
| Income between 15K and 25K | 11.40% | 10.18% |
| Income between 25K and 35K | 10.53% | 10.56% |
| Income between 35K and 50K | 14.47% | 14.98% |
| Income between 50K and 75K | 18.53% | 19.53% |
| Income between 75K and 100K | 11.76% | 12.52% |
| Income between 100K and 150K | 11.50% | 12.14% |
| Income between 150K and 250K | 2.47% | 3.91% |
| Income between 250K and 500K | 1.43% | 3.34% |
| Income greater than 500K | 0.15% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.10% | 13.81% |
| Professional and Related Occupations | 21.16% | 22.68% |
| Service | 18.51% | 14.51% |
| Sales and Office | 25.57% | 25.22% |
| Farming, Fishing, and Forestry | 0.32% | 0.68% |
| Construction, Extraction, and Maintenance | 8.25% | 9.37% |
| Production, Transportation, and Material Moving | 17.22% | 15.86% |
The unemployment rate in Lynn, MA, is 9.10%, with job growth of -0.17%. Future job growth over the next ten years is predicted to be 30.56%.
Lynn, MA Taxes
Lynn, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Lynn, MA Income and Salaries
The income per capita is $21,698, which includes all adults and children. The median household income is $45,879.
Lynn Economy SperlingViews
Weather: Area does have much nice weather. It mists or drizzles here very often in the summer, I've seen it stick around for as long as 2 weeks. Cold in the winter and crowded... (read more)re: Recently moved to Lynn - 10/8/2011: now that you have lived in lynn awhile, what do you think? I might be moving to kensington park in the diamond district, but im not finding much info thanks for your... (read more)Recently moved to Lynn: Hey there. I recently moved to Lynn and I am already liking it. For who lived in ten different States in US, I can tell that here you will find a very unique little... (read more)Have an opinion about Lynn? Leave a commentTo See All SperlingViews for Lynn Click Here
