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Economy in Wales, Massachusetts

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Economy
EconomyWales, MAUnited States
Unemployment Rate10.70%9.10%
Recent Job Growth2.18%-0.12%
Future Job Growth33.66%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$28,460$27,067
Household Income$64,359$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.03%12.10%
Income between 15K and 25K5.00%10.18%
Income between 25K and 35K8.61%10.56%
Income between 35K and 50K17.92%14.98%
Income between 50K and 75K25.56%19.53%
Income between 75K and 100K18.89%12.52%
Income between 100K and 150K15.41%12.14%
Income between 150K and 250K2.78%3.91%
Income between 250K and 500K1.39%3.34%
Income greater than 500K0.42%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.15%13.81%
Professional and Related Occupations23.94%22.68%
Service15.29%14.51%
Sales and Office18.27%25.22%
Farming, Fishing, and Forestry0.38%0.68%
Construction, Extraction, and Maintenance14.90%9.37%
Production, Transportation, and Material Moving26.15%15.86%
Median Household Income

The unemployment rate in Wales, MA, is 10.70%, with job growth of 2.18%. Future job growth over the next ten years is predicted to be 33.66%.

Wales, MA Taxes

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

Wales, MA Income and Salaries

The income per capita is $28,460, which includes all adults and children. The median household income is $64,359.


Wales Economy SperlingViews

Country living: Fresh air , peaceful and quaint town near Connecticut border ; only 5 miles to Flea Market Capital in Brimfield , MA ; nice Lake George ; ... (read more)Have an opinion about Wales? Leave a commentTo See All SperlingViews for Wales Click Here