Boston, Massachusetts 

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Economy in Boston, Massachusetts

Boston has an unemployment rate of 3.1%. The US average is 3.9%.

Boston 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 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Boston
- The Sales Tax Rate for Boston is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Boston 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 Boston
- The average income of a Boston resident is $34,770 a year. The US average is $28,555 a year.
- The Median household income of a Boston resident is $54,485 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYBoston, MassachusettsUnited States
  3.1%3.9%
  4.3%1.6%
  42.5%33.5%
  6.3%7.3%
  5.1%4.6%
  $39,686$31,177
  $62,021$57,652
  $69,616$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.0%0.6%
  3.3%6.2%
  4.4%10.4%
  1.4%2.7%
  8.4%11.6%
  2.7%4.1%
  0.4%0.9%
  2.4%2.1%
  7.2%4.7%
  2.0%1.9%
  11.7%6.7%
  0.1%0.1%
  4.5%4.3%
  13.4%9.3%
  18.4%13.8%
  2.1%2.2%
  8.5%7.4%
  4.6%4.9%
  4.4%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Boston    114 Reviews
    Overrated - 5/15/2019
    I rated "Just Okay" because Boston did offer a few things that other cities didn't. The schools are good, the public transit is OK and it's proximity to NYC is a winner.... Read More

    Start Your Review of Boston


    Boston Is Not For Everyone - 4/23/2019
    I've lived in Boston 11+ years. Pros: history; Victorian and Colonial architecture; healthcare quality and options; cultural and economic opportunity; smart people move... Read More

    history - 2/22/2019
    i went there on a vacay and it was... Read More


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    COMPARE COST OF LIVING
    Compare Boston, Massachusetts to any other place in the USA.

    MAPS OF BOSTON, MASSACHUSETTS
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Boston,Massachusetts Map
    ZIP CODES IN BOSTON, MASSACHUSETTS
    02124, 02128, 02135, 02130, 02127, 02125, 02136, 02131, 02115, 02126, ... 30 more

    NEW LISTINGS IN BOSTON
    $6,000,000
    3892 Washington St
    Bed 3 | Bath 2

    $6,250,000
    160 MT Vernon St
    Bed 5 | Bath 6

    $6,200,000
    126 Marlborough St
    Bed 5 | Bath 6

    $1,189,000
    93 Boardman St
    Bed 7 | Bath 4

    $549,000
    97 Evans St
    Bed 5 | Bath 1

    $419,900
    234 W Selden St
    Bed 4 | Bath 3

    $489,900
    234 W Selden St
    Bed 4 | Bath 2


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