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%.

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
  Unemployment Rate3.1%3.9%
  Recent Job Growth4.3%1.6%
  Future Job Growth42.5%33.5%
  Sales Taxes6.3%7.3%
  Income Taxes0.0510.046
  Income per Cap.$39,686$31,177
  Household Income$62,021$57,652
  Family Median Income$69,616$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.1%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction3.3%6.2%
  Manufacturing4.4%10.4%
  Wholesale trade1.4%2.7%
  Retail trade8.4%11.6%
  Transportation and warehousing2.7%4.1%
  Utilities00
  Information2.4%2.1%
  Finance and insurance7.2%4.7%
  Real estate, rental, leasing2.0%1.9%
  Professional, scientific, technical services11.7%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs4.5%4.3%
  Educational services13.4%9.3%
  Health care and social assistance18.4%13.8%
  Arts, entertainment, recreation2.1%2.2%
  Accommodation, food services8.5%7.4%
  Other services4.6%4.9%
  Public administration4.4%4.8%
ECONOMY MAP
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    Reviews for Boston    112 Reviews
    history - 2/22/2019
    i went there on a vacay and it was... Read More

    Start Your Review of Boston


    Not for me - 3/13/2018
    I don't know how many stars are displayed on this web page but I rated Boston just one star. Frankly I don’t know why anybody would want to live in the Boston area... Read More

    Historical, culture, - 2/7/2018
    Very convenient to get around by foot.. car traffic is more difficult. Top on historic, preservation, like walking back in history. North End, Haymarket Square, Boston... Read More


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    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, ... 30 more

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