Ashby, MA Economy


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Ashby, MA is a town located in Middlesex County with a population of roughly 3,000 people. Though rent in Ashby is higher than the average US rate, at $2,230 for 2 bedroom homes, groceries are actually much cheaper compared to the US with an index of 106 versus 100. There are many local businesses that make up the fabric of this small town including; Gagnon's Country Store which has been serving residents since 1927, The Ashby House of Pizza which offers delicious handcrafted pizzas made-to-order, and Johnson's Farm which grows fresh fruits and vegetables for sale throughout the year. Despite the higher rent cost compared to other places in the US, residents in Ashby can take advantage of lower grocery costs making it a great place to call home.

Ashby has an unemployment rate of 6.8%. The US average is 6.0%.

Ashby has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Ashby
- The Sales Tax Rate for Ashby is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Ashby 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 Ashby
- The average income of a Ashby resident is $30,953 a year. The US average is $28,555 a year.
- The Median household income of a Ashby resident is $95,536 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshby, MassachusettsUnited States
  6.86
  -8.5%-6.2%
  41.3%33.5%
  6.3%6.2%
  5.1%4.6%
  $47,086$37,638
  $95,536$69,021
  $105,742$85,028
  Population by Occupation
  0.8%1.2%
  0.5%0.5%
  10.8%6.8%
  17.5%10.0%
  0.9%2.5%
  7.1%11.0%
  4.6%4.8%
  0.3%0.8%
  2.0%1.9%
  0.8%4.7%
  1.7%1.9%
  8.5%7.6%
  0.0%0.1%
  1.7%4.2%
  9.1%9.3%
  12.9%14.0%
  1.2%2.1%
  4.3%7.0%
  8.0%4.8%
  7.4%4.7%
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