Economy in Westfield, Massachusetts
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Economy
| Unemployment Rate | 8.30% | 9.10% |
| Recent Job Growth | 0.04% | -0.12% |
| Future Job Growth | 31.78% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $26,027 | $27,067 |
| Household Income | $58,054 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.85% | 12.10% |
| Income between 15K and 25K | 9.05% | 10.18% |
| Income between 25K and 35K | 9.07% | 10.56% |
| Income between 35K and 50K | 13.01% | 14.98% |
| Income between 50K and 75K | 22.32% | 19.53% |
| Income between 75K and 100K | 14.86% | 12.52% |
| Income between 100K and 150K | 13.87% | 12.14% |
| Income between 150K and 250K | 3.45% | 3.91% |
| Income between 250K and 500K | 2.03% | 3.34% |
| Income greater than 500K | 0.48% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.84% | 13.81% |
| Professional and Related Occupations | 24.81% | 22.68% |
| Service | 14.41% | 14.51% |
| Sales and Office | 28.04% | 25.22% |
| Farming, Fishing, and Forestry | 0.10% | 0.68% |
| Construction, Extraction, and Maintenance | 8.40% | 9.37% |
| Production, Transportation, and Material Moving | 17.16% | 15.86% |
The unemployment rate in Westfield, MA, is 8.30%, with job growth of 0.04%. Future job growth over the next ten years is predicted to be 31.78%.
Westfield, MA Taxes
Westfield, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Westfield, MA Income and Salaries
The income per capita is $26,027, which includes all adults and children. The median household income is $58,054.
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