Economy in Massachusetts
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Health, Economy,
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Economy
| Unemployment Rate | 8.20% | 9.10% |
| Recent Job Growth | 0.31% | -0.12% |
| Future Job Growth | 32.42% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $33,548 | $27,067 |
| Household Income | $65,332 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.75% | 12.10% |
| Income between 15K and 25K | 8.27% | 10.18% |
| Income between 25K and 35K | 7.97% | 10.56% |
| Income between 35K and 50K | 12.01% | 14.98% |
| Income between 50K and 75K | 18.02% | 19.53% |
| Income between 75K and 100K | 14.11% | 12.52% |
| Income between 100K and 150K | 16.15% | 12.14% |
| Income between 150K and 250K | 6.38% | 3.91% |
| Income between 250K and 500K | 5.14% | 3.34% |
| Income greater than 500K | 1.20% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.95% | 13.81% |
| Professional and Related Occupations | 27.77% | 22.68% |
| Service | 13.80% | 14.51% |
| Sales and Office | 24.39% | 25.22% |
| Farming, Fishing, and Forestry | 0.19% | 0.68% |
| Construction, Extraction, and Maintenance | 7.30% | 9.37% |
| Production, Transportation, and Material Moving | 11.56% | 15.86% |
The unemployment rate in Massachusetts, MA, is 8.20%, with job growth of 0.31%. Future job growth over the next ten years is predicted to be 32.42%.
Massachusetts, MA Taxes
Massachusetts, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Massachusetts, MA Income and Salaries
The income per capita is $33,548, which includes all adults and children. The median household income is $65,332.
Massachusetts Economy SperlingViews
Sales Tax: Sales tax was increased from 5% to 6.25% in... (read more)Hard Economy: Like most of the country, Massachusetts has been hit hard with job losses and with... (read more)Time to move out: My wife and I have both lived in Mass. for all our lives (so far) which is almost 50 years. And I haven't a clue why we have not moved out sooner. Actually we owned a... (read more)Have an opinion about Massachusetts? Leave a commentTo See All SperlingViews for Massachusetts Click Here
