West Tisbury, MA Economy


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West Tisbury, MA is a quaint yet vibrant community located on Martha’s Vineyard in Massachusetts. It boasts a variety of local businesses like the Black Dog Tavern, Morning Glory Farm, and Jetties Beach Bar and Grill. The cost of living in West Tisbury is higher than the rest of the United States; specifically, two-bedroom rent is more than double the US average at $4,210 compared to $1,430. Similarly, the Grocery Cost Index in West Tisbury is 116 versus 100 in the US as a whole. Despite its many charming features, West Tisbury remains an affordable place to live.

West Tisbury has an unemployment rate of 5.6%. The US average is 6.0%.

West Tisbury has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for West Tisbury
- The Sales Tax Rate for West Tisbury is 6.3%. The US average is 7.3%.
- The Income Tax Rate for West Tisbury 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 West Tisbury
- The average income of a West Tisbury resident is $29,642 a year. The US average is $28,555 a year.
- The Median household income of a West Tisbury resident is $117,035 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Tisbury, MassachusettsUnited States
  5.66
  -5.7%-6.2%
  33.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $75,630$37,638
  $117,035$69,021
  $173,500$85,028
  Population by Occupation
  2.6%1.2%
  0.0%0.5%
  14.5%6.8%
  5.2%10.0%
  0.0%2.5%
  7.7%11.0%
  1.1%4.8%
  3.5%0.8%
  2.8%1.9%
  5.4%4.7%
  0.0%1.9%
  7.3%7.6%
  0.0%0.1%
  2.1%4.2%
  10.7%9.3%
  17.3%14.0%
  13.3%2.1%
  0.6%7.0%
  5.9%4.8%
  0.0%4.7%
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