Walpole, MA is a vibrant town situated in Norfolk County. It has a great mix of shops, restaurants, and services for residents. The cost of living is higher than the national average with two bedroom rent at $2,340 versus the US average at $1,430. The grocery cost index is also higher in Walpole at 111 compared to the national average of 100. Despite this, many people find it attractive to live in Walpole due to its close proximity to major cities such as Boston and Providence as well as its local amenities. In particular, companies such as Stop & Shop Supermarket Company, EMC Corporation, and Dunkin Donuts are popular among residents. With plenty of recreational activities available such as sports fields and playgrounds nearby, Walpole offers families a safe and enjoyable place to settle down.
Walpole has an unemployment rate of 5.8%. The US average is 6.0%.
Walpole has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Walpole
- The Sales Tax Rate for Walpole is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Walpole 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 Walpole
- The average income of a Walpole resident is $44,224 a year. The US average is $28,555 a year.
- The Median household income of a Walpole resident is $138,821 a year. The US average is $69,021 a year.