Economy in Methuen, Massachusetts

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Economy

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Economy	Methuen, MA	United States
Unemployment Rate	9.60%	9.10%
Recent Job Growth	0.94%	-0.12%
Future Job Growth	32.28%	31.25%
Sales Taxes	5.00%	6.80%
Income Taxes	5.30%	6.25%
Income per Cap.	$27,803	$27,067
Household Income	$61,470	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	10.97%	12.10%
Income between 15K and 25K	8.20%	10.18%
Income between 25K and 35K	8.16%	10.56%
Income between 35K and 50K	13.45%	14.98%
Income between 50K and 75K	19.69%	19.53%
Income between 75K and 100K	15.74%	12.52%
Income between 100K and 150K	16.68%	12.14%
Income between 150K and 250K	4.31%	3.91%
Income between 250K and 500K	2.49%	3.34%
Income greater than 500K	0.31%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	14.40%	13.81%
Professional and Related Occupations	24.53%	22.68%
Service	12.48%	14.51%
Sales and Office	24.49%	25.22%
Farming, Fishing, and Forestry	0.10%	0.68%
Construction, Extraction, and Maintenance	7.92%	9.37%
Production, Transportation, and Material Moving	15.58%	15.86%

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The unemployment rate in Methuen, MA, is 9.60%, with job growth of 0.94%. Future job growth over the next ten years is predicted to be 32.28%.

Methuen, MA Taxes

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

Methuen, MA Income and Salaries

The income per capita is $27,803, which includes all adults and children. The median household income is $61,470.

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