Hingham, MA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Hingham, MA is a suburban town located in the Greater Boston area. It has great schools, a low crime rate and plenty of outdoor activities to keep residents busy. The rent for a two bedroom apartment in Hingham is quite a bit higher than the US average at $2,840 but groceries are relatively cheaper with an index of 116 compared to 100 in the US. Popular local companies include Stop & Shop, East Coast Seafoods, and South Shore Drywall. Some popular attractions include Bare Cove Park, World's End Conservation Area and Wompatuck State Park. Hingham also hosts events such as Farmer's Market days and Old Ship Church Fourth of July celebrations.

Hingham has an unemployment rate of 7.1%. The US average is 6.0%.

Hingham has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.

Tax Rates for Hingham
- The Sales Tax Rate for Hingham is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hingham 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 Hingham
- The average income of a Hingham resident is $59,751 a year. The US average is $28,555 a year.
- The Median household income of a Hingham resident is $154,300 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHingham, MassachusettsUnited States
  7.16
  -9.4%-6.2%
  40.2%33.5%
  6.3%6.2%
  5.1%4.6%
  $91,263$37,638
  $154,300$69,021
  $222,016$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.1%6.8%
  5.3%10.0%
  1.2%2.5%
  8.1%11.0%
  1.7%4.8%
  1.0%0.8%
  2.5%1.9%
  16.5%4.7%
  3.3%1.9%
  21.0%7.6%
  0.0%0.1%
  2.5%4.2%
  9.4%9.3%
  10.4%14.0%
  3.4%2.1%
  2.6%7.0%
  4.3%4.8%
  2.6%4.7%
Health
Compare Hingham, MA
cost of living
Compare food, housing, utilities, and more in Hingham, Massachusetts to any other city in the US.