Williamsburg, MA is a small town located in Hampshire County, Massachusetts. It is home to just over 4,000 people and offers a quiet suburban escape from the hustle and bustle of the city. The rental costs in Williamsburg are lower than that of the US at large; with an average 2 bedroom rent being $1,410 as compared to $1,430 for the country overall. Additionally, Williamsburg’s Grocery Cost Index is higher than the US national average at 107 versus 100 respectively. Large companies located in Williamsburg includes Coca-Cola Bottling Company and New England Forest Products. Smaller companies such as United Claims Consultants and VCA Animal Hospital have also made their homes in Williamsburg.
Williamsburg has an unemployment rate of 6.8%. The US average is 6.0%.
Williamsburg 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 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Williamsburg
- The Sales Tax Rate for Williamsburg is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Williamsburg 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 Williamsburg
- The average income of a Williamsburg resident is $38,270 a year. The US average is $28,555 a year.
- The Median household income of a Williamsburg resident is $93,438 a year. The US average is $69,021 a year.