Lenox, MA is a small and charming town located in Berkshire County. It is known for its rich history, abundance of outdoor activities and cultural attractions. Lenox has many local companies such as White's Supermarket, Hillside Cafe, Sand Springs Golf Course and Lenox Medical Associates that make living here enjoyable. The cost of living in Lenox is slightly higher than other parts of the country due to high rent prices. The average two bedroom rent in Lenox is $1,520 compared to the national average of $1,430. Additionally, the grocery cost index in Lenox is 107 versus 100 in the US. Despite this slight difference, Lenox remains an excellent place to live with its beautiful surroundings and strong economy.
Lenox has an unemployment rate of 8.0%. The US average is 6.0%.
Lenox 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 Lenox
- The Sales Tax Rate for Lenox is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lenox 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 Lenox
- The average income of a Lenox resident is $41,337 a year. The US average is $28,555 a year.
- The Median household income of a Lenox resident is $71,117 a year. The US average is $69,021 a year.