Otis, MA is a small town located in Berkshire County. It has a population of approximately 1,300 people and offers 2 Bedroom rent for an average price of $1,600, which is slightly higher than the national average of $1,430. The area also has higher than average grocery cost index of 106 compared to the US's index of 100. Otis is home to several local businesses and amenities including a grocery store, an auto service shop, and a variety of restaurants. The town also offers many recreational activities such as walking trails, fishing spots, campgrounds, and more. Overall Otis is a great place to call home with its affordable rent prices and array of local amenities.
Otis has an unemployment rate of 8.7%. The US average is 6.0%.
Otis has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Otis
- The Sales Tax Rate for Otis is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Otis is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Otis
- The average income of a Otis resident is $30,741 a year. The US average is $28,555 a year.
- The Median household income of a Otis resident is $93,316 a year. The US average is $69,021 a year.