Economy in Watertown, Massachusetts
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Economy
| Unemployment Rate | 5.50% | 9.10% |
| Recent Job Growth | -0.05% | -0.12% |
| Future Job Growth | 34.40% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $43,445 | $27,067 |
| Household Income | $74,872 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.78% | 12.10% |
| Income between 15K and 25K | 6.91% | 10.18% |
| Income between 25K and 35K | 6.77% | 10.56% |
| Income between 35K and 50K | 10.74% | 14.98% |
| Income between 50K and 75K | 17.79% | 19.53% |
| Income between 75K and 100K | 15.11% | 12.52% |
| Income between 100K and 150K | 19.52% | 12.14% |
| Income between 150K and 250K | 7.94% | 3.91% |
| Income between 250K and 500K | 6.14% | 3.34% |
| Income greater than 500K | 1.30% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 23.50% | 13.81% |
| Professional and Related Occupations | 34.26% | 22.68% |
| Service | 9.86% | 14.51% |
| Sales and Office | 22.28% | 25.22% |
| Farming, Fishing, and Forestry | 0.11% | 0.68% |
| Construction, Extraction, and Maintenance | 4.33% | 9.37% |
| Production, Transportation, and Material Moving | 7.26% | 15.86% |
The unemployment rate in Watertown, MA, is 5.50%, with job growth of -0.05%. Future job growth over the next ten years is predicted to be 34.40%.
Watertown, MA Taxes
Watertown, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Watertown, MA Income and Salaries
The income per capita is $43,445, which includes all adults and children. The median household income is $74,872.
Watertown Economy SperlingViews
Great location for young professionals and familie: I first lived in Watertown several years ago as fresh college grad, and now I've been here again for 2 years with my husband and son. In both instances, I've loved it. ... (read more)Great location: Watertown is a great community that borders Boston. Great proximity to the city with easy access to public... (read more)Watertown, MA: Watertown has "small town charm" in abundance despite literally sharing borders with both Boston and... (read more)Have an opinion about Watertown? Leave a commentTo See All SperlingViews for Watertown Click Here
