Economy in Reading, Massachusetts
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Economy
| Unemployment Rate | 5.50% | 9.10% |
| Recent Job Growth | -0.28% | -0.12% |
| Future Job Growth | 33.94% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $45,708 | $27,067 |
| Household Income | $102,164 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.26% | 12.10% |
| Income between 15K and 25K | 5.73% | 10.18% |
| Income between 25K and 35K | 4.66% | 10.56% |
| Income between 35K and 50K | 7.57% | 14.98% |
| Income between 50K and 75K | 12.00% | 19.53% |
| Income between 75K and 100K | 14.57% | 12.52% |
| Income between 100K and 150K | 24.39% | 12.14% |
| Income between 150K and 250K | 14.01% | 3.91% |
| Income between 250K and 500K | 10.87% | 3.34% |
| Income greater than 500K | 1.94% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 22.35% | 13.81% |
| Professional and Related Occupations | 33.17% | 22.68% |
| Service | 9.00% | 14.51% |
| Sales and Office | 24.39% | 25.22% |
| Farming, Fishing, and Forestry | 0.03% | 0.68% |
| Construction, Extraction, and Maintenance | 6.12% | 9.37% |
| Production, Transportation, and Material Moving | 6.47% | 15.86% |
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