New Braintree, MA is a small town with a population of about 2,700 people. It's located in rural central Massachusetts and is known for its beautiful country scenery. The average rent cost for a two-bedroom apartment is $1,380 per month which is lower than the US average of $1,430 per month. The cost of living in New Braintree is slightly higher than the national average with a Grocery Cost Index of 106 compared to the United States' index of 100.
In New Braintree there are many local businesses and attractions that make this area desirable. Some popular local companies include the New Braintree Woodworks which specializes in handcrafted furniture, the Hilltop Brewing Company which has been brewing beer since 2011, and Bassett Farm Stand which offers fresh produce from the local area farms. For outdoor activities there is the Wachusett Reservoir where visitors can enjoy hiking trails, fishing spots, and boat launches as well as summer concerts at Tower Hill Botanic Garden and seasonal events at Central Tree Farm such as corn mazes and apple picking.
New Braintree has an unemployment rate of 8.5%. The US average is 6.0%.
New Braintree 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 38.5%, which is higher than the US average of 33.5%.
Tax Rates for New Braintree
- The Sales Tax Rate for New Braintree is 6.3%. The US average is 7.3%.
- The Income Tax Rate for New Braintree 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 New Braintree
- The average income of a New Braintree resident is $34,143 a year. The US average is $28,555 a year.
- The Median household income of a New Braintree resident is $86,667 a year. The US average is $69,021 a year.