Westborough, MA is a great place to live with a variety of amenities and businesses. This small town located near Boston is known for its friendly atmosphere and good quality of life. Rent for a two bedroom in Westborough is $2,220 per month which is higher than the US average of $1,430. Local businesses are abundant in the area such as BJ’s Wholesale Club, Home Depot, Hannaford supermarket, and many more. The grocery cost index in Westborough is 110 versus100 in the US which means groceries are slightly more expensive than other parts of the country. All in all, Westborough provides an excellent quality of life with plenty of local businesses and a cost of living slightly higher than the national average.
Westborough has an unemployment rate of 6.7%. The US average is 6.0%.
Westborough has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Westborough
- The Sales Tax Rate for Westborough is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Westborough 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 Westborough
- The average income of a Westborough resident is $60,444 a year. The US average is $37,638 a year.
- The Median household income of a Westborough resident is $118,185 a year. The US average is $69,021 a year.