Billerica, MA is a vibrant suburban community located just outside of Boston. Residents enjoy easy access to the city as well as all the amenities Billerica has to offer. The average two-bedroom rent in this area is $2,280 which is almost double the national average of $1,430. Additionally, the grocery cost index in Billerica is 109 versus 100 nationally which shows that groceries are slightly more expensive than other areas.
Billerica is home to plenty of businesses including Market Basket supermarket chain, Valvoline Instant Oil Change, and Millennium Bank & Trust Company. When hunger strikes there are many local eateries to choose from such as Alamo Mexican Restaurant & Pizzeria or Billerica House of Pizza for Italian cuisine. For recreational activities there are several parks and trails like Forge Pond Park and Billerica Recreation Center with activities such as fishing, boating, kayaking and paddleboating available at Forge Pond Park.
Billerica has an unemployment rate of 5.2%. The US average is 6.0%.
Billerica has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 43.0%, which is higher than the US average of 33.5%.
Tax Rates for Billerica
- The Sales Tax Rate for Billerica is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Billerica 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 Billerica
- The average income of a Billerica resident is $37,332 a year. The US average is $28,555 a year.
- The Median household income of a Billerica resident is $121,936 a year. The US average is $69,021 a year.