Raynham, MA Economy


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Raynham, MA is a town located in Plymouth County and offers its residents great amenities. With a population of approximately 13,383 citizens, Raynham is home to several local companies that provide excellent services for the community. These include supermarkets such as Stop & Shop, Roche Bros., and Market Basket; pharmacies such as CVS Pharmacy and Walgreens; and automotive repair shops like Autozone and Dunkin Auto Repair. Although rent prices are slightly higher than the US average ($2,120 compared to $1,430) the town has a Grocery Cost Index which is 107 versus 100 in the US. This makes it an affordable place to live with access to great amenities.

Raynham has an unemployment rate of 6.4%. The US average is 6.0%.

Raynham has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 40.4%, which is higher than the US average of 33.5%.

Tax Rates for Raynham
- The Sales Tax Rate for Raynham is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Raynham 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 Raynham
- The average income of a Raynham resident is $34,819 a year. The US average is $28,555 a year.
- The Median household income of a Raynham resident is $96,830 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRaynham, MassachusettsUnited States
  6.46
  -8.8%-6.2%
  40.4%33.5%
  6.3%6.2%
  5.1%4.6%
  $46,231$37,638
  $96,830$69,021
  $122,533$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.8%6.8%
  11.8%10.0%
  2.2%2.5%
  13.2%11.0%
  4.9%4.8%
  0.4%0.8%
  0.7%1.9%
  6.6%4.7%
  1.2%1.9%
  7.3%7.6%
  0.0%0.1%
  3.4%4.2%
  9.5%9.3%
  13.4%14.0%
  1.2%2.1%
  4.4%7.0%
  1.9%4.8%
  8.0%4.7%
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