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Economy in Northfield, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNorthfield, MAUnited States
Unemployment Rate6.90%9.10%
Recent Job Growth-0.06%-0.12%
Future Job Growth32.98%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$27,662$27,067
Household Income$60,797$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.83%12.10%
Income between 15K and 25K7.61%10.18%
Income between 25K and 35K9.13%10.56%
Income between 35K and 50K16.52%14.98%
Income between 50K and 75K20.43%19.53%
Income between 75K and 100K18.70%12.52%
Income between 100K and 150K15.22%12.14%
Income between 150K and 250K2.61%3.91%
Income between 250K and 500K1.52%3.34%
Income greater than 500K0.43%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.78%13.81%
Professional and Related Occupations25.78%22.68%
Service9.48%14.51%
Sales and Office24.30%25.22%
Farming, Fishing, and Forestry1.04%0.68%
Construction, Extraction, and Maintenance10.07%9.37%
Production, Transportation, and Material Moving16.74%15.86%
Median Household Income

The unemployment rate in Northfield, MA, is 6.90%, with job growth of -0.06%. Future job growth over the next ten years is predicted to be 32.98%.

Northfield, MA Taxes

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

Northfield, MA Income and Salaries

The income per capita is $27,662, which includes all adults and children. The median household income is $60,797.


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