Truro, MA is a quaint coastal town located in Cape Cod. It's an ideal place to settle down and enjoy the beauty of Massachusetts' beaches. The cost of living is slightly higher than most places in the US with a two bedroom rent averaging around $1,710 and a grocery cost index of 112 versus 100 in the US.
The town offers plenty of recreation options including golf courses, fishing charters, and beautiful hiking trails. Popular local businesses include Truro Vineyards & Winery which offers tastings and tours throughout the year and Arnold's Clam Bar & Lobster Pool for delicious seafood dishes. There are plenty of popular tourist attractions too such as Longnook Beach, Highland Links Golf Course, Payomet Performing Arts Center, and Provincetown Harbor. Truro is an amazing destination where anyone can find fun activities for all ages!
Truro has an unemployment rate of 18.1%. The US average is 6.0%.
Truro has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Truro
- The Sales Tax Rate for Truro is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Truro 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 Truro
- The average income of a Truro resident is $39,408 a year. The US average is $28,555 a year.
- The Median household income of a Truro resident is $83,992 a year. The US average is $69,021 a year.