Hamilton, MA Economy


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Hamilton, MA is a beautiful community located in the North Shore region of Massachusetts. It is home to many local businesses such as Hamilton Hardware, Hamilton Pharmacy, and North Shore Plumbing Services. Residents can enjoy a variety of shopping opportunities and dining experiences at Hamilton Town Center or the nearby Prudential Center. There are also plenty of outdoor recreational activities to be enjoyed around Hamilton such as hiking in Middlesex Fells Reservation or exploring Myles Standish State Park. For those looking for a more relaxed experience, there are several cultural attractions including the Boston Symphony Orchestra's Tanglewood Music Festival in nearby Lenox and Jacob's Pillow Dance Festival just down the road in Becket. No matter what your interests may be, you can find something exciting happening in or near Hamilton!

Hamilton has an unemployment rate of 4.8%. The US average is 6.0%.

Hamilton 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 Hamilton
- The Sales Tax Rate for Hamilton is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hamilton 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 Hamilton
- The average income of a Hamilton resident is $46,834 a year. The US average is $28,555 a year.
- The Median household income of a Hamilton resident is $116,699 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHamilton, MassachusettsUnited States
  4.86
  -9.1%-6.2%
  38.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $50,599$37,638
  $116,699$69,021
  $135,488$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  7.4%6.8%
  6.2%10.0%
  1.5%2.5%
  9.5%11.0%
  0.2%4.8%
  1.2%0.8%
  2.6%1.9%
  6.1%4.7%
  0.7%1.9%
  18.7%7.6%
  0.5%0.1%
  4.0%4.2%
  17.1%9.3%
  11.8%14.0%
  2.4%2.1%
  4.5%7.0%
  3.2%4.8%
  1.8%4.7%
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