\nBoxborough, MA is a popular suburb located in Middlesex County. This area is known for its excellent schools, safe neighborhoods and proximity to Boston. Local companies include Boxborough Shipping, Fishels Trucking, and Arista Computer Services. The cost of living in Boxborough is slightly higher than the US average due to the high rental rates and grocery costs. Two bedroom rental prices are around $2,240 per month and groceries can be up to 11% more expensive than throughout the US. Despite these costs, Boxborough's proximity to major cities such as Boston makes it an attractive place for those who can afford it.
Boxborough has an unemployment rate of 3.8%. The US average is 6.0%.
Boxborough has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.
Tax Rates for Boxborough
- The Sales Tax Rate for Boxborough is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Boxborough 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 Boxborough
- The average income of a Boxborough resident is $60,204 a year. The US average is $28,555 a year.
- The Median household income of a Boxborough resident is $136,875 a year. The US average is $69,021 a year.