Egremont, MA is a small town in Massachusetts that offers a range of amenities to its residents. The cost of living in Egremont is slightly higher than the national average, with 2 bedroom rent at $1,460 compared to $1,430 on average across the US. Grocery Cost Index in Egremont is 109 versus 100 throughout the nation. \nLocal companies such as Valley Diner and Tom's Bicycle Shop provide goods and services to citizens of Egremont. Other services include banks, pharmacies, real estate agencies, and pet stores. Overall, residents of Egremont can find everything they need within their local community at a reasonable price.
Egremont has an unemployment rate of 3.6%. The US average is 6.0%.
Egremont has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Egremont
- The Sales Tax Rate for Egremont is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Egremont 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 Egremont
- The average income of a Egremont resident is $38,275 a year. The US average is $28,555 a year.
- The Median household income of a Egremont resident is $79,946 a year. The US average is $69,021 a year.