Conway, MA is a small town located in the state of Massachusetts. It is known for its historic town center and its quaint atmosphere. With low crime rate and a scenic landscape, it has become a popular destination for many. In terms of economy, the local companies are mainly focused on tourism and hospitality. Popular attractions include Conway Lake Park, Conway-Mount Tom State Park and the Conway Historical Museum. The average two bedroom rent in Conway is $1,490 which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Conway is 108 versus 100 in the US, making it an affordable location to live in overall.
Conway has an unemployment rate of 3.8%. The US average is 6.0%.
Conway 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 Conway
- The Sales Tax Rate for Conway is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Conway 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 Conway
- The average income of a Conway resident is $41,711 a year. The US average is $28,555 a year.
- The Median household income of a Conway resident is $82,470 a year. The US average is $69,021 a year.