Longmeadow MA is a vibrant and diverse community located just outside Springfield. It has a variety of businesses and restaurants that make it an attractive place to live or visit. The 2 bedroom rent in Longmeadow is significantly higher than the US average of $1,430, however it does offer cheaper grocery costs with its Grocery Cost Index being 110 compared to 100 in the US. Popular local companies include Baystate Health System, Big Y Foods, MGM Resorts International, Smith & Wesson Corporation, MassMutual Financial Group and Peter Pan Bus Lines. These companies provide jobs for many residents of Longmeadow making it a great place to live and work.
Longmeadow has an unemployment rate of 8.5%. The US average is 6.0%.
Longmeadow has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Longmeadow
- The Sales Tax Rate for Longmeadow is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Longmeadow 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 Longmeadow
- The average income of a Longmeadow resident is $62,946 a year. The US average is $37,638 a year.
- The Median household income of a Longmeadow resident is $129,780 a year. The US average is $69,021 a year.