Millis, MA Economy


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Millis, MA is a small town located in Massachusetts. It is known for its strong sense of community and beautiful scenery. The cost of living in Millis is higher than the average in the US, which is reflected in the rental costs for two bedroom apartments ($2,670 compared to $1,430 nationally). Additionally, the grocery cost index in Millis is 108 compared to 100 nationally. Despite the higher cost of living, many families still choose to live in Millis due to its wonderful quality of life. Local companies include Pine Street Auto Repair, Miller's Restaurant & Pub and Powers Farmstand. These businesses provide jobs to local residents as well as entertainment and goods for those living in Millis.

Millis has an unemployment rate of 7.0%. The US average is 6.0%.

Millis 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 Millis
- The Sales Tax Rate for Millis is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Millis 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 Millis
- The average income of a Millis resident is $43,022 a year. The US average is $28,555 a year.
- The Median household income of a Millis resident is $131,138 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillis, MassachusettsUnited States
  76
  -9.1%-6.2%
  40.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $55,899$37,638
  $131,138$69,021
  $143,050$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.8%6.8%
  6.1%10.0%
  4.0%2.5%
  8.6%11.0%
  3.3%4.8%
  0.2%0.8%
  3.5%1.9%
  7.2%4.7%
  2.4%1.9%
  11.4%7.6%
  0.0%0.1%
  6.7%4.2%
  9.6%9.3%
  13.4%14.0%
  0.9%2.1%
  7.7%7.0%
  2.8%4.8%
  5.3%4.7%
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