Wilmington, MA is a great place to live. With 2 bedroom rents at $3,190 compared to the US average of $1,430, Wilmington is an attractive option for those looking for more affordable housing options. Additionally, the grocery cost index in Wilmington is 111 versus 100 in the US which means that food costs are slightly higher but still quite reasonable. In terms of attractions and businesses, Wilmington has something for everyone. Some of the notable companies in the area include Walmart Supercenter, Stop & Shop Supermarket Company LLC, Target Corporation and Staples Inc. The town also offers a variety of recreational activities such as hiking trails and sports fields as well as numerous restaurants and shopping centers. Overall, Wilmington is a wonderful place to live with plenty of things to do and see.
Wilmington has an unemployment rate of 5.2%. The US average is 6.0%.
Wilmington has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.
Tax Rates for Wilmington
- The Sales Tax Rate for Wilmington is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Wilmington 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 Wilmington
- The average income of a Wilmington resident is $38,303 a year. The US average is $28,555 a year.
- The Median household income of a Wilmington resident is $146,250 a year. The US average is $69,021 a year.