Beverly, Massachusetts 

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Economy in Beverly, Massachusetts

Beverly has an unemployment rate of 3.8%. The US average is 5.2%.

Beverly has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is lower than the US average of 38.0%.

Tax Rates for Beverly
- The Sales Tax Rate for Beverly is 6.3%. The US average is 6.0%.
- The Income Tax Rate for Beverly is 5.1%. The US average is 4.6%.

Income and Salaries for Beverly
- The average income of a Beverly resident is $39,471 a year. The US average is $28,555 a year.
- The Median household income of a Beverly resident is $73,980 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYBeverly, MassachusettsUnited States
  Unemployment Rate3.8%5.2%
  Recent Job Growth0.4%1.6%
  Future Job Growth36.9%38.0%
  Sales Taxes6.3%6.0%
  Income Taxes0.0510.046
  Income per Cap.$39,471$28,555
  Household Income$73,980$53,482
  Family Median Income$96,514$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.3%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction4.2%6.2%
  Manufacturing7.9%10.4%
  Wholesale trade1.6%2.7%
  Retail trade11.8%11.6%
  Transportation and warehousing2.6%4.1%
  Utilities00
  Information2.9%2.1%
  Finance and insurance6.5%4.7%
  Real estate, rental, leasing1.6%1.9%
  Professional, scientific, technical services10.9%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs3.3%4.3%
  Educational services12.5%9.3%
  Health care and social assistance16.9%13.8%
  Arts, entertainment, recreation2.9%2.2%
  Accommodation, food services7.3%7.4%
  Other services4.0%4.9%
  Public administration2.4%4.8%
ECONOMY MAP
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    Reviews for Beverly    3 Reviews
    Cost of Living - 12/29/2015
    Although Beverly is beautiful, the cost of living is high. to get a good job, you need to commute into Boston which is expensive. As long as you have the money, great... Read More

    Start Your Review of Beverly


    I LOVE Beverly - 11/13/2014
    I have lived in Beverly for almost 5 years, and have loved every minute of it. The weather is pleasant, but you have to love winters. It's actually not much colder... Read More

    Commute - 9/8/2008
    You speak about the average commute in Beverly, MA. But you don't say 'to where' or 'from... Read More


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    COMPARE CITY TO CITY
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    MAPS OF BEVERLY, MASSACHUSETTS
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Beverly,Massachusetts Map
    ZIP CODES IN BEVERLY, MASSACHUSETTS
    01915

    NEW LISTINGS IN BEVERLY MA
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