Westfield, MA Economy


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Westfield, MA is a beautiful city located in the western part of Massachusetts. It is home to several local companies and organizations, including Baystate Health, MassMutual Financial Group, and Westfield Gas & Electric. The cost of living in Westfield is quite affordable with two-bedroom rent averaging at $1,200 compared to the US average of $1,430. Additionally, grocery cost index in Westfield stands at 107 versus 100 nationally. All in all, Westfield offers a great place to live for those looking for a cost-effective option that also includes access to quality services and amenities.

Westfield has an unemployment rate of 6.7%. The US average is 6.0%.

Westfield has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Westfield
- The Sales Tax Rate for Westfield is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Westfield 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 Westfield
- The average income of a Westfield resident is $27,664 a year. The US average is $28,555 a year.
- The Median household income of a Westfield resident is $73,692 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestfield, MassachusettsUnited States
  6.76
  -9.4%-6.2%
  35.0%33.5%
  6.3%6.2%
  5.1%4.6%
  $36,635$37,638
  $73,692$69,021
  $92,373$85,028
  Population by Occupation
  0.4%1.2%
  0.6%0.5%
  4.3%6.8%
  13.9%10.0%
  2.8%2.5%
  10.2%11.0%
  5.4%4.8%
  1.7%0.8%
  0.8%1.9%
  4.2%4.7%
  0.6%1.9%
  4.3%7.6%
  0.0%0.1%
  2.2%4.2%
  14.0%9.3%
  17.6%14.0%
  2.5%2.1%
  5.7%7.0%
  3.1%4.8%
  5.5%4.7%
Reviews for Westfield
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Property Taxes, Water, and Electricity costs are very high. Town elects many Republicans but Democrats rule the state. Education costs are high yet there is much waste.  More

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Over 12 years ago

It is very hard to get jobs around this area as there are jobs in mostly retail. Anytime you try to apply for any of the jobs depending on where you are applying to out  More

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Over 13 years ago

can stink at times  More

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