Freetown, MA Economy


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Freetown, MA is a great place to live and work. Home to a variety of businesses, restaurants, and attractions, the city has something for everyone. Local companies include Freetown Printing Company, Peterson Builders Inc., and Comfort Care Services. Restaurants range from traditional Italian cuisine at Mama's Pizzeria to modern American fare at The Lakeside Grill & Bar. Popular attractions in the area include the Freetown State Forest, which offers year-round recreational activities such as hiking trails and fishing spots; the historic Westport Harbor; and Martha's Vineyard Island Ferry Service for easy access to nearby islands. No matter what your interests are, Freetown has something for you!

Freetown has an unemployment rate of 6.5%. The US average is 6.0%.

Freetown has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Freetown
- The Sales Tax Rate for Freetown is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Freetown 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 Freetown
- The average income of a Freetown resident is $34,244 a year. The US average is $28,555 a year.
- The Median household income of a Freetown resident is $109,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFreetown, MassachusettsUnited States
  6.56
  -8.8%-6.2%
  36.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $44,663$37,638
  $109,821$69,021
  $121,779$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.7%6.8%
  8.9%10.0%
  4.9%2.5%
  11.0%11.0%
  2.5%4.8%
  1.6%0.8%
  2.0%1.9%
  6.1%4.7%
  0.2%1.9%
  10.1%7.6%
  0.0%0.1%
  1.6%4.2%
  9.2%9.3%
  17.4%14.0%
  0.6%2.1%
  8.1%7.0%
  3.6%4.8%
  4.8%4.7%
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