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Economy in West Concord, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWest Concord, MAUnited States
Unemployment Rate6.20%9.10%
Recent Job Growth0.03%-0.12%
Future Job Growth33.86%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$52,071$27,067
Household Income$109,812$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.54%12.10%
Income between 15K and 25K3.64%10.18%
Income between 25K and 35K3.84%10.56%
Income between 35K and 50K10.02%14.98%
Income between 50K and 75K12.47%19.53%
Income between 75K and 100K11.22%12.52%
Income between 100K and 150K22.89%12.14%
Income between 150K and 250K10.37%3.91%
Income between 250K and 500K16.16%3.34%
Income greater than 500K5.84%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations27.74%13.81%
Professional and Related Occupations37.46%22.68%
Service8.58%14.51%
Sales and Office21.71%25.22%
Farming, Fishing, and Forestry0.04%0.68%
Construction, Extraction, and Maintenance4.27%9.37%
Production, Transportation, and Material Moving3.06%15.86%
Median Household Income

The unemployment rate in West Concord, MA, is 6.20%, with job growth of 0.03%. Future job growth over the next ten years is predicted to be 33.86%.

West Concord, MA Taxes

West Concord, MA,sales tax rate is 5.00%. Income tax is 5.30%.

West Concord, MA Income and Salaries

The income per capita is $52,071, which includes all adults and children. The median household income is $109,812.


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