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Economy in North Reading, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNorth Reading, MAUnited States
Unemployment Rate6.70%9.10%
Recent Job Growth-0.38%-0.12%
Future Job Growth32.54%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$42,634$27,067
Household Income$99,488$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.79%12.10%
Income between 15K and 25K3.30%10.18%
Income between 25K and 35K5.53%10.56%
Income between 35K and 50K7.85%14.98%
Income between 50K and 75K15.74%19.53%
Income between 75K and 100K14.83%12.52%
Income between 100K and 150K25.48%12.14%
Income between 150K and 250K12.27%3.91%
Income between 250K and 500K10.54%3.34%
Income greater than 500K1.67%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations24.54%13.81%
Professional and Related Occupations27.34%22.68%
Service9.81%14.51%
Sales and Office23.41%25.22%
Farming, Fishing, and Forestry0.27%0.68%
Construction, Extraction, and Maintenance8.20%9.37%
Production, Transportation, and Material Moving10.95%15.86%
Median Household Income

The unemployment rate in North Reading, MA, is 6.70%, with job growth of -0.38%. Future job growth over the next ten years is predicted to be 32.54%.

North Reading, MA Taxes

North Reading, MA,sales tax rate is 5.00%. Income tax is 5.30%.

North Reading, MA Income and Salaries

The income per capita is $42,634, which includes all adults and children. The median household income is $99,488.


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