Northampton, MA (01063) is a charming town situated in the western part of Massachusetts. It has a population of around 30,945 and a 2 bedroom rent of $1,380 compared to the US average of $1,430. Additionally, Northampton also has an affordable grocery cost index of 107 as opposed to the national index of 100.
The town offers many opportunities for its residents and visitors alike; there are plenty of local companies that provide jobs in the area. For instance, Smith College is one of Northampton’s most prominent employers, offering employment in higher education, administration and support services. Pioneer Valley Property Management specializes in residential property management and leasing for tenants and owners alike. Other companies such as Autocrat Coffee Roasters specialize in coffee roasting services while Smart Books provides accounting services to local businesses. Northampton also has several larger employers like Baystate Medical Center and Cooley Dickinson Hospital which serve the medical needs of the community.
Northampton (zip 01063) has an unemployment rate of 4.5%. The US average is 6.0%.
Northampton (zip 01063) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Northampton (zip 01063)
- The Sales Tax Rate for Northampton (zip 01063) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Northampton (zip 01063) 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 Northampton (zip 01063)
- The average income of a Northampton (zip 01063) resident is $4,515 a year. The US average is $37,638 a year.
- The Median household income of a Northampton (zip 01063) resident is $0 a year. The US average is $69,021 a year.