Economy in Westwood, Massachusetts
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Economy
| Unemployment Rate | 4.50% | 9.10% |
| Recent Job Growth | -0.31% | -0.12% |
| Future Job Growth | 34.88% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $55,824 | $27,067 |
| Household Income | $112,858 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.44% | 12.10% |
| Income between 15K and 25K | 5.34% | 10.18% |
| Income between 25K and 35K | 2.92% | 10.56% |
| Income between 35K and 50K | 5.97% | 14.98% |
| Income between 50K and 75K | 12.30% | 19.53% |
| Income between 75K and 100K | 11.98% | 12.52% |
| Income between 100K and 150K | 21.14% | 12.14% |
| Income between 150K and 250K | 13.41% | 3.91% |
| Income between 250K and 500K | 15.32% | 3.34% |
| Income greater than 500K | 6.18% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 24.94% | 13.81% |
| Professional and Related Occupations | 36.11% | 22.68% |
| Service | 8.16% | 14.51% |
| Sales and Office | 23.64% | 25.22% |
| Farming, Fishing, and Forestry | 0.14% | 0.68% |
| Construction, Extraction, and Maintenance | 4.43% | 9.37% |
| Production, Transportation, and Material Moving | 5.65% | 15.86% |
The unemployment rate in Westwood, MA, is 4.50%, with job growth of -0.31%. Future job growth over the next ten years is predicted to be 34.88%.
Westwood, MA Taxes
Westwood, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Westwood, MA Income and Salaries
The income per capita is $55,824, which includes all adults and children. The median household income is $112,858.
Westwood Economy SperlingViews
Recreational programs: Recreational programs and activities are fabulous in Westwood -- especially soccer and... (read more)Have an opinion about Westwood? Leave a commentTo See All SperlingViews for Westwood Click Here