North Plymouth, MA Economy


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North Plymouth, MA is an attractive residential area with a diverse range of accommodation options. With two-bedroom rent in the area at $2,250 per month, it is slightly more expensive than the US average of $1,430. The area also offers services and amenities that help to make North Plymouth an appealing location to reside in. Local companies such as Plymouth Savings Bank, Edward Jones Investments and Countryside Insurance provide financial and insurance services for residents of North Plymouth. Moreover, food costs are slightly higher than the United States average with a Grocery Cost Index of 108 versus 100 in the US. Therefore, although living costs may be higher than other areas in the US, North Plymouth offers residents access to quality services and amenities that make it worth living in.

North Plymouth has an unemployment rate of 7.1%. The US average is 6.0%.

North Plymouth has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.

Tax Rates for North Plymouth
- The Sales Tax Rate for North Plymouth is 6.3%. The US average is 7.3%.
- The Income Tax Rate for North Plymouth 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 North Plymouth
- The average income of a North Plymouth resident is $30,649 a year. The US average is $28,555 a year.
- The Median household income of a North Plymouth resident is $55,396 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Plymouth, MassachusettsUnited States
  7.16
  -9.4%-6.2%
  40.2%33.5%
  6.3%6.2%
  5.1%4.6%
  $33,004$37,638
  $55,396$69,021
  $91,458$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  7.9%6.8%
  10.9%10.0%
  0.9%2.5%
  15.3%11.0%
  2.6%4.8%
  0.3%0.8%
  1.1%1.9%
  2.8%4.7%
  1.2%1.9%
  6.3%7.6%
  0.5%0.1%
  5.3%4.2%
  5.0%9.3%
  9.2%14.0%
  1.9%2.1%
  20.8%7.0%
  6.4%4.8%
  1.3%4.7%
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