Zip 02655 (Barnstable Town, MA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
02655 Barnstable Town, MA is an ideal place to live due to its diverse economy and reasonable cost of living. The average 2 bedroom cost for rent in this area is an affordable $1,960 as compared to the US average of $1,430. This is further supported by the Grocery Cost Index which has been reported to be 112 versus 100 in the US. Additionally, there are many local employers that make 02655 Barnstable Town, MA even more attractive such as Cape Cod Regional Technical High School, Cape Cod Healthcare, Hyannis Harbor Hawks and Sea Road School. These companies also provide great job opportunities for residents of 02655 Barnstable Town. All in all, 02655 Barnstable Town offers quality living at an affordable price with plenty of job opportunities that attract people from all over the United States.

Barnstable Town (zip 02655) has an unemployment rate of 9.0%. The US average is 6.0%.

Barnstable Town (zip 02655) has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.

Tax Rates for Barnstable Town (zip 02655)
- The Sales Tax Rate for Barnstable Town (zip 02655) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Barnstable Town (zip 02655) 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 Barnstable Town (zip 02655)
- The average income of a Barnstable Town (zip 02655) resident is $61,079 a year. The US average is $28,555 a year.
- The Median household income of a Barnstable Town (zip 02655) resident is $97,070 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBarnstable Town, MassachusettsUnited States
  96
  -11.3%-6.2%
  35.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $76,655$37,638
  $97,070$69,021
  $113,810$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.9%6.8%
  7.9%10.0%
  2.0%2.5%
  17.0%11.0%
  2.7%4.8%
  0.6%0.8%
  0.5%1.9%
  6.4%4.7%
  3.1%1.9%
  8.5%7.6%
  0.0%0.1%
  5.4%4.2%
  9.5%9.3%
  14.0%14.0%
  2.2%2.1%
  5.6%7.0%
  2.3%4.8%
  2.6%4.7%
Health