Natick, MA is a great place to live and work with a variety of local businesses. Rent for a 2 bedroom apartment in Natick is only $2,530 which is significantly less than the US average of $1,430. Additionally, Natick has a Grocery Cost Index that stands at 112 versus 100 in the US. That means groceries are slightly more expensive in Natick but still affordable overall. Some of the popular companies located in Natick include MathWorks Inc., AT&T Mobility Store, Staples, The Home Depot and Walgreens Pharmacy. Compared to the cost of living across the US, Natick offers an excellent quality of life at very competitive prices.
Natick has an unemployment rate of 4.2%. The US average is 6.0%.
Natick has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Natick
- The Sales Tax Rate for Natick is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Natick 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 Natick
- The average income of a Natick resident is $51,608 a year. The US average is $28,555 a year.
- The Median household income of a Natick resident is $122,914 a year. The US average is $69,021 a year.