Economy in Milford, Massachusetts

Economy	Milford, MA	United States
Unemployment Rate	6.90%	8.60%
Recent Job Growth	0.07%	0.35%
Future Job Growth	33.24%	32.10%
Sales Taxes	5.00%	5.00%
Income Taxes	5.30%	4.70%
Income per Cap.	$28,444	$26,154
Household Income	$60,179	$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	10.45%	12.37%
Income between 15K and 25K	9.56%	10.53%
Income between 25K and 35K	8.97%	10.88%
Income between 35K and 50K	13.22%	15.37%
Income between 50K and 75K	18.18%	20.14%
Income between 75K and 100K	15.14%	12.41%
Income between 100K and 150K	17.13%	11.27%
Income between 150K and 250K	5.83%	5.01%
Income between 250K and 500K	1.38%	1.86%
Income greater than 500K	0.13%	0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	16.49%	14.04%
Professional and Related Occupations	22.39%	20.61%
Service	12.50%	14.45%
Sales and Office	27.74%	26.75%
Farming, Fishing, and Forestry	0.11%	0.70%
Construction, Extraction, and Maintenance	7.57%	9.42%
Production, Transportation, and Material Moving	13.20%	14.05%

The unemployment rate in Milford, MA, is 6.90%, with job growth of 0.07%. Future job growth over the next ten years is predicted to be 33.24%.

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

The income per capita is $28,444, which includes all adults and children. The median household income is $60,179.

Milford Economy SperlingViews