Ashfield, MA Economy


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United States / Massachusetts / No Metro Area / Franklin County / Ashfield / Zip Codes
Ashfield, MA is a great place to live for those looking for an affordable rental. The average two bedroom rent in Ashfield, MA is $1,100 compared to the US average of $1,430 making it significantly less expensive than other areas. Additionally, Ashfield has a cost of living index that is lower than the national average, meaning you'll save money on groceries when compared to other cities.
Aside from being more affordable, there are many companies and attractions in Ashfield that make it an enjoyable place to live. Companies like Ashley's Ice Cream and Whalom Park are popular destinations for locals and visitors alike. Other popular attractions include the Hilltowns Valley Bird Sanctuary, The Jacob Edwards Library, and the Quabbin Reservoir.

Ashfield has an unemployment rate of 3.2%. The US average is 6.0%.

Ashfield has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Ashfield
- The Sales Tax Rate for Ashfield is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Ashfield 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 Ashfield
- The average income of a Ashfield resident is $35,072 a year. The US average is $28,555 a year.
- The Median household income of a Ashfield resident is $72,944 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshfield, MassachusettsUnited States
  3.26
  -9.5%-6.2%
  36.1%33.5%
  6.3%6.2%
  5.1%4.6%
  $46,327$37,638
  $72,944$69,021
  $93,889$85,028
  Population by Occupation
  8.8%1.2%
  2.0%0.5%
  8.2%6.8%
  7.0%10.0%
  1.6%2.5%
  10.0%11.0%
  2.4%4.8%
  1.2%0.8%
  0.9%1.9%
  4.4%4.7%
  0.0%1.9%
  5.7%7.6%
  0.0%0.1%
  4.8%4.2%
  16.6%9.3%
  9.0%14.0%
  2.7%2.1%
  4.8%7.0%
  6.3%4.8%
  3.5%4.7%
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