Hanscom AFB, MA is a great place to live due to its abundance of local businesses. Notable companies in the area include Raytheon Technologies, iRobot Corporation, Harvard Business School, and The MathWorks. Furthermore, living in Hanscom AFB comes with some cost advantages when compared to other parts of the country. A 2 bedroom rent is usually around $3,990 which is much lower than the US average rent of $1,430. Grocery costs are slightly higher than the national index but at 111 versus 100 respectively it still offers plenty of opportunities for savings. All these benefits make Hanscom AFB a great place to live and work.
Hanscom AFB has an unemployment rate of 5.2%. The US average is 6.0%.
Hanscom AFB has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.
Tax Rates for Hanscom AFB
- The Sales Tax Rate for Hanscom AFB is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hanscom AFB 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 Hanscom AFB
- The average income of a Hanscom AFB resident is $25,460 a year. The US average is $28,555 a year.
- The Median household income of a Hanscom AFB resident is $105,909 a year. The US average is $69,021 a year.