Pittsfield, MA Economy


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Pittsfield, MA is a small city located in the Berkshires in Western Massachusetts. This city is known for its picturesque natural landscape, historic sites, and vibrant cultural attractions. The cost of living in Pittsfield is higher than the rest of the nation with two-bedroom rent at $1,480 compared to the US average of $1,430. Additionally, the grocery cost index in Pittsfield is 101 versus 100 nationally. Despite being slightly more expensive than other areas, Pittsfield has a wide range of local companies that make it an ideal place to live or visit. Companies such as General Dynamics Armament Technology and Greylock Federal Credit Union are prominent employers here while popular attractions like Hancock Shaker Village and Berkshire Botanical Garden offer unique experiences that can't be found anywhere else.

Pittsfield has an unemployment rate of 8.8%. The US average is 6.0%.

Pittsfield 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 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Pittsfield
- The Sales Tax Rate for Pittsfield is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Pittsfield 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 Pittsfield
- The average income of a Pittsfield resident is $26,913 a year. The US average is $28,555 a year.
- The Median household income of a Pittsfield resident is $59,522 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPittsfield, MassachusettsUnited States
  8.86
  -10.5%-6.2%
  29.2%33.5%
  6.3%6.2%
  5.1%4.6%
  $37,356$37,638
  $59,522$69,021
  $77,469$85,028
  Population by Occupation
  0.6%1.2%
  0.1%0.5%
  3.9%6.8%
  8.2%10.0%
  2.3%2.5%
  12.0%11.0%
  3.4%4.8%
  0.8%0.8%
  2.0%1.9%
  4.0%4.7%
  1.1%1.9%
  7.1%7.6%
  0.3%0.1%
  2.3%4.2%
  11.1%9.3%
  22.1%14.0%
  2.2%2.1%
  7.1%7.0%
  4.8%4.8%
  4.8%4.7%
Reviews for Pittsfield
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I have grown up in Pittsfield, moved away, and came back. The loss of the GE manufacturing plant in the 80's adversely affected this blue collar city. This is not the  More

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Pittsfield has done nothing to attract any form of business for the 40 of 47 years that I have lived here. The current tax rate is now 3.7% for business property - that  More

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Hello, I was surprised to see Pittsfield, MA, listed as one of the towns with least crime. We've had 4 shootings since the beginning of the year! Where do you get  More

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