Medfield, Massachusetts 

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Economy in Medfield, Massachusetts

Medfield has an unemployment rate of 2.6%. The US average is 3.7%.

Medfield has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Medfield
- The Sales Tax Rate for Medfield is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Medfield 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 Medfield
- The average income of a Medfield resident is $65,243 a year. The US average is $28,555 a year.
- The Median household income of a Medfield resident is $143,641 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMedfield, MassachusettsUnited States
  2.6%3.7%
  4.3%1.6%
  40.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $69,495$31,177
  $153,847$57,652
  $176,389$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.0%0.6%
  5.4%6.2%
  7.1%10.4%
  3.5%2.7%
  8.1%11.6%
  1.3%4.1%
  0.0%0.9%
  3.7%2.1%
  12.4%4.7%
  2.2%1.9%
  14.4%6.7%
  0.0%0.1%
  3.7%4.3%
  11.8%9.3%
  16.0%13.8%
  2.1%2.2%
  2.0%7.4%
  2.5%4.9%
  3.9%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    02052


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