Salisbury, MA Economy


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Salisbury, MA is a small coastal town located on the northern coast of Massachusetts. It is home to around 9,000 people and offers a quiet and peaceful environment. The average two-bedroom rent in Salisbury is $2,370 which is slightly higher than the US average of $1,430. The Grocery Cost Index for Salisbury is also higher than the national average at 108 versus 100 in the US.
Salisbury has many local businesses and attractions that make it an attractive place to live and visit. Local companies include Salisbury Bank & Trust Co., Bob's Store, Salisbury Historical Society, Portside Seafood Restaurant & Market, Loyal Supply Co., and Dreamland Amusement Park. Popular attractions in Salisbury include Surfside Beach & Park, Salisbury Beach State Reservation, Plumb Corner Mall Shopping Center, Coastal Trail Rides Inc., and Fort Sewall National Historic Site.

Salisbury has an unemployment rate of 7.4%. The US average is 6.0%.

Salisbury 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 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Salisbury
- The Sales Tax Rate for Salisbury is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Salisbury 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 Salisbury
- The average income of a Salisbury resident is $34,226 a year. The US average is $28,555 a year.
- The Median household income of a Salisbury resident is $92,048 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalisbury, MassachusettsUnited States
  7.46
  -9.4%-6.2%
  38.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $49,861$37,638
  $92,048$69,021
  $109,840$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  7.4%6.8%
  8.6%10.0%
  4.5%2.5%
  8.2%11.0%
  1.0%4.8%
  1.0%0.8%
  2.0%1.9%
  5.1%4.7%
  1.6%1.9%
  8.4%7.6%
  0.0%0.1%
  6.1%4.2%
  9.6%9.3%
  17.3%14.0%
  5.6%2.1%
  5.7%7.0%
  4.1%4.8%
  3.5%4.7%
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