Upton, MA Economy


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Upton, MA is a small town located in central Massachusetts. It has a population of approximately 6,500 people and is known for its family-friendly atmosphere. The town is home to numerous local businesses such as Upton Veterinary Clinic, Upton Liberty Tax Service, and Uptown Pizza & Subs. Although the 2 bedroom rent in Upton is slightly higher than the US average at $1,440 per month, it's clear that the overall cost of living in Upton is higher than average due to its grocery cost index which stands at 109 versus 100 in the US. This suggests that basic necessities are more expensive in this area while wages remain relatively fair.

Upton has an unemployment rate of 4.7%. The US average is 6.0%.

Upton has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Upton
- The Sales Tax Rate for Upton is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Upton 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 Upton
- The average income of a Upton resident is $42,380 a year. The US average is $28,555 a year.
- The Median household income of a Upton resident is $140,192 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUpton, MassachusettsUnited States
  4.76
  -8.4%-6.2%
  38.5%33.5%
  6.3%6.2%
  5.1%4.6%
  $57,613$37,638
  $140,192$69,021
  $149,911$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  3.3%6.8%
  8.8%10.0%
  3.7%2.5%
  11.8%11.0%
  4.2%4.8%
  1.5%0.8%
  1.5%1.9%
  3.7%4.7%
  1.2%1.9%
  17.6%7.6%
  0.0%0.1%
  5.1%4.2%
  13.8%9.3%
  9.7%14.0%
  2.6%2.1%
  4.3%7.0%
  2.2%4.8%
  4.0%4.7%
Reviews for Upton
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Over 14 years ago

A community growing from agricultural to bedroom with many young professionals buying their first homes. Educational requirements are straining against limited tax  More

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