Boston, Massachusetts 

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Economy in Boston, Massachusetts

Boston has an unemployment rate of 6.2%. The US average is 6.0%.

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
  6.2%6.0%
  -9.1%-6.2%
  42.5%33.5%
  6.3%6.2%
  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: 6%)
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    Reviews for Boston    121 Reviews
    Many pros, but all are outweighed by the cons - 1/31/2022
    I've lived in/near Boston my whole life almost. It has many pros such as a big city feel, extremely safe, reliable train transportation, great food. However any pro... Read More

    Start Your Review of Boston


    Do you want to feel poor?! Come on down! - 10/4/2021
    I moved to MA from the country of Georgia in eastern Europe. Then traveled quite a bit in the U.S. Boston definitely has its own flavor. Suburbs offer okay schools,... Read More

    Best City in the US - 7/5/2021
    I've lived in Boston for over 25 years and LOVE... 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. You can also use our New Interactive Map to explore places.Boston,Massachusetts Map
    ZIP CODES IN BOSTON, MASSACHUSETTS
    02124, 02128, 02135, 02130, 02127, 02125, 02136, 02131, 02115, 02126, ... 30 more

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