Lanesborough, MA is a small town in Berkshire County with a population of less than 3,000 people. It is situated in the scenic Berkshires and offers many outdoor activities as well as local businesses. The cost of living is slightly higher than the national average, with 2 bedroom rent prices around $1,760 compared to $1,430 nationally. Grocery costs are also high compared to other places with an index of 102 versus 100 U.S. average. The town has several local businesses such as the Lanesborough Inn and Maple View Farm & Creamery where locals can get fresh produce and dairy products. There are also several restaurants along Main Street such as Café Adam offering American cuisine and Fireside Gastropub & Martini Bar serving casual fare and specialty cocktails.
Lanesborough has an unemployment rate of 7.3%. The US average is 6.0%.
Lanesborough has seen the job market decrease by -10.5% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Lanesborough
- The Sales Tax Rate for Lanesborough is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lanesborough 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 Lanesborough
- The average income of a Lanesborough resident is $41,710 a year. The US average is $37,638 a year.
- The Median household income of a Lanesborough resident is $75,156 a year. The US average is $69,021 a year.