Nahant, Massachusetts 

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Economy in Nahant, Massachusetts

Nahant has an unemployment rate of 7.4%. The US average is 6.0%.

Nahant has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Nahant
- The Sales Tax Rate for Nahant is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Nahant 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 Nahant
- The average income of a Nahant resident is $42,117 a year. The US average is $28,555 a year.
- The Median household income of a Nahant resident is $65,083 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYNahant, MassachusettsUnited States
  7.4%6.0%
  -9.4%-6.2%
  38.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $57,969$31,177
  $81,384$57,652
  $130,787$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  6.1%6.2%
  7.2%10.4%
  1.4%2.7%
  8.0%11.6%
  4.6%4.1%
  0.5%0.9%
  1.5%2.1%
  5.6%4.7%
  3.2%1.9%
  10.2%6.7%
  0.0%0.1%
  1.6%4.3%
  14.2%9.3%
  20.8%13.8%
  2.6%2.2%
  3.0%7.4%
  4.3%4.9%
  5.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    01908


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