Monson, MA is a small town located in the Pioneer Valley area of western Massachusetts. It is a quiet and suburban community with a population of around 9,000 people. As far as housing costs go, 2 bedroom rent in Monson is much lower than the US average, costing approximately $1,040 per month versus the US average of $1430. Similarly, the Grocery Cost Index in Monson is slightly higher than the national average at 106 versus 100.
For those looking to settle down in Monson, there are some great local companies that can be taken advantage of. These include businesses such as Quabbin Media Solutions Inc., Town & Country Veterinary Clinic Inc., Motorcycle Safety School Inc., and Gorman's Auto Service LLC to name just a few. With these establishments, those living in Monson can easily find the items and services they need right at home.
Monson has an unemployment rate of 7.3%. The US average is 6.0%.
Monson has seen the job market increase by 3.6% 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 Monson
- The Sales Tax Rate for Monson is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Monson 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 Monson
- The average income of a Monson resident is $32,481 a year. The US average is $28,555 a year.
- The Median household income of a Monson resident is $72,305 a year. The US average is $69,021 a year.