Alford, MA Economy


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Alford, MA is a small town in the southeastern part of the state. It is known for its rural landscapes and beautiful scenery. Despite being a smaller town it has many local businesses that provide excellent services to the residents of Alford. Some of these include an organic grocery store, landscaping company, accounting firm, restaurant and bar, and a local bank. The cost of living in Alford is slightly higher than the national average with two bedroom rent costing an average of $1,720 compared to $1,430 nationally. Grocery costs are also slightly higher in Alford with an index rating of 109 compared to 100 in the US. In general Alford is an affordable place to live with plenty of local businesses to choose from for services and amenities.

Alford has an unemployment rate of 2.1%. The US average is 6.0%.

Alford has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Alford
- The Sales Tax Rate for Alford is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Alford 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 Alford
- The average income of a Alford resident is $55,917 a year. The US average is $28,555 a year.
- The Median household income of a Alford resident is $106,944 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlford, MassachusettsUnited States
  2.16
  -6.3%-6.2%
  29.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $71,151$37,638
  $106,944$69,021
  $111,719$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.7%6.8%
  3.1%10.0%
  4.6%2.5%
  13.8%11.0%
  0.0%4.8%
  0.0%0.8%
  5.1%1.9%
  6.7%4.7%
  2.6%1.9%
  10.8%7.6%
  0.0%0.1%
  8.2%4.2%
  9.7%9.3%
  17.4%14.0%
  1.0%2.1%
  2.1%7.0%
  6.7%4.8%
  1.5%4.7%
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