Boxford, Massachusetts is a small suburban town located in Essex County. It is known for its high quality of life, offering activities and amenities for families and individuals alike. The average 2 bedroom rent in Boxford is $2,200 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Boxford is 113 versus 100 in the US. This indicates that the cost of living is higher than the national average. Notable companies located in Boxford are Baynaud Brothers Construction Services and L&L Computer Repair & Services. Both have been established for many years and provide local services to those living in Boxford. Overall, Boxford provides a great quality of life despite its higher than average cost of living.
Boxford has an unemployment rate of 7.4%. The US average is 6.0%.
Boxford 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 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Boxford
- The Sales Tax Rate for Boxford is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Boxford 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 Boxford
- The average income of a Boxford resident is $55,227 a year. The US average is $28,555 a year.
- The Median household income of a Boxford resident is $187,813 a year. The US average is $69,021 a year.