Berlin, MA is a small town located in Worcester County that offers its residents a quiet and peaceful lifestyle. The town has a population of 4,214 and is known for its quaint atmosphere and friendly people. The cost of living in Berlin is slightly higher than the national average with an average two-bedroom apartment rent at $1,440 compared to the US 2 Bedroom Rent average of $1,430. Additionally, the Grocery Cost Index in Berlin, MA is 108 versus 100 in the US.
For those looking to do business in Berlin there are various local companies such as A&A Insurance Agency, Wachusett Engineering Services LLC, Coronado Computer Services Inc., and Sterling Auto Body & Collision Repair LLC. These businesses provide employment opportunities and contribute to the economic growth of the town.
Berlin has an unemployment rate of 5.0%. The US average is 6.0%.
Berlin has seen the job market decrease by -9.0% 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 Berlin
- The Sales Tax Rate for Berlin is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Berlin 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 Berlin
- The average income of a Berlin resident is $55,248 a year. The US average is $37,638 a year.
- The Median household income of a Berlin resident is $106,908 a year. The US average is $69,021 a year.