Winthrop Town, MA Economy


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Winthrop Town, MA is a tight-knit community located just north of Boston. It is known for its beautiful parks and recreation areas, as well as the friendly locals who make up the vibrant small town atmosphere. The cost of living in Winthrop Town is slightly higher than the US average, with two bedroom rental prices averaging around $2,230 per month and a grocery cost index of 110 compared to 100 nationally. Winthrop Town offers many local businesses catering to both everyday needs and long-term investments such as Rockland Trust, Eastern Bank and Seaboard National Bank. There are also many retail stores such as Pottery Barn, Pier 1 Imports and HomeGoods that offer quality furnishings at affordable prices. Additionally, there are numerous restaurants serving up delicious meals from all different cuisines. Overall, Winthrop Town provides a safe and prosperous environment for its residents to enjoy life with plenty of great opportunities available in the area.

Winthrop Town has an unemployment rate of 6.5%. The US average is 6.0%.

Winthrop Town has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.

Tax Rates for Winthrop Town
- The Sales Tax Rate for Winthrop Town is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Winthrop Town 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 Winthrop Town
- The average income of a Winthrop Town resident is $35,341 a year. The US average is $28,555 a year.
- The Median household income of a Winthrop Town resident is $86,780 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWinthrop Town, MassachusettsUnited States
  6.56
  -9.1%-6.2%
  42.2%33.5%
  6.3%6.2%
  5.1%4.6%
  $49,915$37,638
  $86,780$69,021
  $112,049$85,028
  Population by Occupation
  0.2%1.2%
  0.2%0.5%
  3.7%6.8%
  6.5%10.0%
  2.2%2.5%
  9.3%11.0%
  7.4%4.8%
  0.8%0.8%
  3.5%1.9%
  7.1%4.7%
  1.8%1.9%
  10.5%7.6%
  0.2%0.1%
  5.1%4.2%
  10.3%9.3%
  11.5%14.0%
  3.9%2.1%
  5.8%7.0%
  4.6%4.8%
  5.6%4.7%
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