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Economy in Reading, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyReading, MAUnited States
Unemployment Rate5.50%9.10%
Recent Job Growth-0.28%-0.12%
Future Job Growth33.94%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$45,708$27,067
Household Income$102,164$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.26%12.10%
Income between 15K and 25K5.73%10.18%
Income between 25K and 35K4.66%10.56%
Income between 35K and 50K7.57%14.98%
Income between 50K and 75K12.00%19.53%
Income between 75K and 100K14.57%12.52%
Income between 100K and 150K24.39%12.14%
Income between 150K and 250K14.01%3.91%
Income between 250K and 500K10.87%3.34%
Income greater than 500K1.94%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations22.35%13.81%
Professional and Related Occupations33.17%22.68%
Service9.00%14.51%
Sales and Office24.39%25.22%
Farming, Fishing, and Forestry0.03%0.68%
Construction, Extraction, and Maintenance6.12%9.37%
Production, Transportation, and Material Moving6.47%15.86%
Median Household Income

The unemployment rate in Reading, MA, is 5.50%, with job growth of -0.28%. Future job growth over the next ten years is predicted to be 33.94%.

Reading, MA Taxes

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

Reading, MA Income and Salaries

The income per capita is $45,708, which includes all adults and children. The median household income is $102,164.


Reading Economy SperlingViews

Reading: reading is a great town to live... (read more)Lovely Town to Raise Seven Kids, If One Could Affo: Quite high standards in this moderately-sized New England town. Recent RE downturn makes houses more affordable, unfortunately if you bought within the last few years... (read more)Have an opinion about Reading? Leave a commentTo See All SperlingViews for Reading Click Here