Economy in Medfield, Massachusetts
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Economy
| Unemployment Rate | 5.20% | 9.10% |
| Recent Job Growth | -0.41% | -0.12% |
| Future Job Growth | 33.98% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $49,980 | $27,067 |
| Household Income | $112,325 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.86% | 12.10% |
| Income between 15K and 25K | 3.28% | 10.18% |
| Income between 25K and 35K | 4.56% | 10.56% |
| Income between 35K and 50K | 6.40% | 14.98% |
| Income between 50K and 75K | 13.65% | 19.53% |
| Income between 75K and 100K | 11.47% | 12.52% |
| Income between 100K and 150K | 21.54% | 12.14% |
| Income between 150K and 250K | 15.01% | 3.91% |
| Income between 250K and 500K | 16.08% | 3.34% |
| Income greater than 500K | 3.16% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 24.58% | 13.81% |
| Professional and Related Occupations | 32.78% | 22.68% |
| Service | 7.59% | 14.51% |
| Sales and Office | 24.52% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 5.37% | 9.37% |
| Production, Transportation, and Material Moving | 6.80% | 15.86% |
The unemployment rate in Medfield, MA, is 5.20%, with job growth of -0.41%. Future job growth over the next ten years is predicted to be 33.98%.
Medfield, MA Taxes
Medfield, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Medfield, MA Income and Salaries
The income per capita is $49,980, which includes all adults and children. The median household income is $112,325.
Medfield Economy SperlingViews
Crime: Medfield has the distinction of having the lowest rate of police ticketing per capita in the state. The state average is over $2.00 per person per year while Medfield... (read more)Have an opinion about Medfield? Leave a commentTo See All SperlingViews for Medfield Click Here
