Methuen Town, MA is a city located in the Merrimack Valley region of Massachusetts. It features an affordable cost of living with 2 bedroom rent averaging to $1,820 and grocery cost index 107 versus 100 in the US. This area provides plenty of opportunities for employment with local companies including Novocure, CarMax and Leggett & Platt. Novocure is a medical device company specializing in cancer treatments, while CarMax is a major car retailer with over 200 locations across the country. Additionally, Leggett & Platt is a global supplier for bedding components and furniture parts. These three companies offer job seekers many career options to choose from as they settle into Methuen Town’s desirable community.
Methuen Town (zip 01844) has an unemployment rate of 8.1%. The US average is 6.0%.
Methuen Town (zip 01844) has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Methuen Town (zip 01844)
- The Sales Tax Rate for Methuen Town (zip 01844) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Methuen Town (zip 01844) 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 Methuen Town (zip 01844)
- The average income of a Methuen Town (zip 01844) resident is $31,023 a year. The US average is $28,555 a year.
- The Median household income of a Methuen Town (zip 01844) resident is $87,181 a year. The US average is $69,021 a year.