Petersham, MA Economy


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Petersham, MA is a great area for those looking to be in close proximity to a range of services. The 2 bedroom rent is slightly higher than the US average at $1,610 per month, but the cost of living is more affordable due to the Grocery Cost Index in Petersham being 6 points higher than the US average. There are many local companies that make up this town such as Bridge Street Books, The Petersham Meadow Farm Store, and Abodeon Design & Home Décor. All in all, it's a great place to live with plenty of activities and things to do while still being close enough to larger cities.

Petersham has an unemployment rate of 5.7%. The US average is 6.0%.

Petersham 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 Petersham
- The Sales Tax Rate for Petersham is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Petersham 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 Petersham
- The average income of a Petersham resident is $32,312 a year. The US average is $28,555 a year.
- The Median household income of a Petersham resident is $77,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPetersham, MassachusettsUnited States
  5.76
  -7.3%-6.2%
  38.5%33.5%
  6.3%6.2%
  5.1%4.6%
  $40,275$37,638
  $77,500$69,021
  $104,306$85,028
  Population by Occupation
  3.6%1.2%
  0.0%0.5%
  7.9%6.8%
  20.7%10.0%
  2.4%2.5%
  5.2%11.0%
  3.3%4.8%
  0.5%0.8%
  2.2%1.9%
  2.6%4.7%
  1.0%1.9%
  1.7%7.6%
  0.0%0.1%
  1.7%4.2%
  16.1%9.3%
  11.9%14.0%
  0.9%2.1%
  5.5%7.0%
  9.0%4.8%
  3.6%4.7%
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