Economy in Lynnfield, Massachusetts
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| Unemployment Rate | 6.80% | 8.60% |
| Recent Job Growth | -0.45% | 0.35% |
| Future Job Growth | 32.30% | 32.10% |
| Sales Taxes | 5.00% | 5.00% |
| Income Taxes | 5.30% | 4.70% |
| Income per Cap. | $47,886 | $26,154 |
| Household Income | $101,061 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.65% | 12.37% |
| Income between 15K and 25K | 3.83% | 10.53% |
| Income between 25K and 35K | 4.99% | 10.88% |
| Income between 35K and 50K | 6.82% | 15.37% |
| Income between 50K and 75K | 14.91% | 20.14% |
| Income between 75K and 100K | 15.31% | 12.41% |
| Income between 100K and 150K | 21.99% | 11.27% |
| Income between 150K and 250K | 18.61% | 5.01% |
| Income between 250K and 500K | 9.08% | 1.86% |
| Income greater than 500K | 0.80% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 25.16% | 14.04% |
| Professional and Related Occupations | 28.08% | 20.61% |
| Service | 9.52% | 14.45% |
| Sales and Office | 27.08% | 26.75% |
| Farming, Fishing, and Forestry | 0.00% | 0.70% |
| Construction, Extraction, and Maintenance | 5.15% | 9.42% |
| Production, Transportation, and Material Moving | 5.02% | 14.05% |
The unemployment rate in Lynnfield, MA, is 6.80%, with job growth of -0.45%. Future job growth over the next ten years is predicted to be 32.30%.
Lynnfield, MA Taxes
Lynnfield, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Lynnfield, MA Income and Salaries
The income per capita is $47,886, which includes all adults and children. The median household income is $101,061.
Lynnfield Economy SperlingViews
If you have to ask...you can't afford it.: Lynnfield is a very, very ,very expensive place to live, and unless you are a professional athlete or own your own high-end restaurant, you will never live here. Every... (read more)Have an opinion about Lynnfield? Leave a commentTo See All SperlingViews for Lynnfield Click Here
