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Economy in Merrimac, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMerrimac, MAUnited States
Unemployment Rate6.90%9.10%
Recent Job Growth0.00%-0.12%
Future Job Growth33.10%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$32,090$27,067
Household Income$72,953$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.31%12.10%
Income between 15K and 25K4.92%10.18%
Income between 25K and 35K7.87%10.56%
Income between 35K and 50K12.16%14.98%
Income between 50K and 75K20.36%19.53%
Income between 75K and 100K14.39%12.52%
Income between 100K and 150K21.37%12.14%
Income between 150K and 250K7.28%3.91%
Income between 250K and 500K5.22%3.34%
Income greater than 500K0.13%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.64%13.81%
Professional and Related Occupations24.31%22.68%
Service14.36%14.51%
Sales and Office23.08%25.22%
Farming, Fishing, and Forestry0.15%0.68%
Construction, Extraction, and Maintenance10.59%9.37%
Production, Transportation, and Material Moving13.59%15.86%
Median Household Income

The unemployment rate in Merrimac, MA, is 6.90%, with job growth of 0.00%. Future job growth over the next ten years is predicted to be 33.10%.

Merrimac, MA Taxes

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

Merrimac, MA Income and Salaries

The income per capita is $32,090, which includes all adults and children. The median household income is $72,953.


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