Goshen, MA Economy


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Goshen, MA is a small town located in the southwestern region of Massachusetts. With a population of just over 1,400 inhabitants, it has a strong sense of community and offers an array of local businesses and attractions. The average two bedroom rent in Goshen is $1,360, which is lower than the US average of $1,430. The Grocery Cost Index in Goshen is 107 versus 100 for the US. Local businesses include the historic Hennessy's Department Store, which has served the town since 1895; The Shops at White Horse Village provide unique retail experiences as well as fine dining restaurants; and Hutchins Farm offers fresh produce and pick your own fruits and vegetables all year round. Popular attractions include Wachusett Mountain Ski Area for skiing and snowboarding; Broad Meadow Brook Wildlife Sanctuary for hiking and bird watching; and Quabbin Reservoir for swimming and kayaking.

Goshen has an unemployment rate of 3.3%. The US average is 6.0%.

Goshen has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Goshen
- The Sales Tax Rate for Goshen is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Goshen 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 Goshen
- The average income of a Goshen resident is $42,984 a year. The US average is $37,638 a year.
- The Median household income of a Goshen resident is $95,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoshen, MassachusettsUnited States
  3.36
  -9.5%-6.2%
  37.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $42,984$37,638
  $95,000$69,021
  $107,813$85,028
  Population by Occupation
  0.0%1.2%
  4.3%0.5%
  10.9%6.8%
  12.8%10.0%
  0.0%2.5%
  14.6%11.0%
  2.3%4.8%
  1.7%0.8%
  0.4%1.9%
  0.9%4.7%
  0.4%1.9%
  6.0%7.6%
  0.0%0.1%
  2.3%4.2%
  7.9%9.3%
  22.7%14.0%
  3.4%2.1%
  2.4%7.0%
  0.0%4.8%
  7.1%4.7%
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