Fitchburg, MA is a small city located about an hour away from Boston. It is home to a variety of businesses and services, including the Fitchburg Art Museum, Simonds-Sinon Regional Cancer Center, Rollstone Bank & Trust, and the Twin City Mall. In terms of housing costs, 2 bedroom rent in Fitchburg is slightly lower than the US average at $1,330 compared to $1,430. The Grocery Cost Index here is also lower than the US average at 104 instead of 100. These affordable living costs make Fitchburg an attractive place for people looking to move or start a business.
Fitchburg has an unemployment rate of 9.4%. The US average is 6.0%.
Fitchburg has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Fitchburg
- The Sales Tax Rate for Fitchburg is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Fitchburg 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 Fitchburg
- The average income of a Fitchburg resident is $22,720 a year. The US average is $28,555 a year.
- The Median household income of a Fitchburg resident is $60,466 a year. The US average is $69,021 a year.