Sheffield, MA is a small town in Berkshire County. It has a quaint charm with deep roots in New England culture. The town is home to many well-known companies such as Berkshire Theatre Group, Sheffield School of Interior Design, Greylock Federal Credit Union and more. The average rent for a two bedroom property in Sheffield, MA is $1,410 compared to the US average of $1,430. In terms of groceries, Sheffield has a higher cost index than the US at 106 compared to 100. Overall, the cost of living in Sheffield is slightly higher than the US average but it still remains an affordable place for people to live and enjoy its charming atmosphere.
Sheffield has an unemployment rate of 4.3%. The US average is 6.0%.
Sheffield 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 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Sheffield
- The Sales Tax Rate for Sheffield is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sheffield 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 Sheffield
- The average income of a Sheffield resident is $35,288 a year. The US average is $28,555 a year.
- The Median household income of a Sheffield resident is $71,818 a year. The US average is $69,021 a year.