New Ashford, MA Economy


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New Ashford, MA is an excellent place to live. The town has a population of approximately 2,500 people and offers a range of amenities to make living here comfortable. Rent for a two-bedroom apartment is slightly higher than the national average at $1,890 per month. This could be offset by the fact that New Ashford offers lower grocery costs than most other areas in the US with an index score of 103 compared to 100 nationally.
The town is home to many businesses such as New Ashford Antiques, Stylish Floral Design & Gifts, and The Silvery Moon Café. There are many activities available for locals to enjoy such as hiking in nearby Mount Greylock State Reservation or spending a day shopping on Main Street. For those interested in history, there's also the William Cullen Bryant Homestead Museum which houses some fascinating artifacts from the 19th century. Finally, art lovers can appreciate amazing local works at the Susan Eley Fine Art gallery.

New Ashford has an unemployment rate of 5.4%. The US average is 6.0%.

New Ashford has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for New Ashford
- The Sales Tax Rate for New Ashford is 6.3%. The US average is 7.3%.
- The Income Tax Rate for New Ashford 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 New Ashford
- The average income of a New Ashford resident is $34,355 a year. The US average is $28,555 a year.
- The Median household income of a New Ashford resident is $68,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Ashford, MassachusettsUnited States
  5.46
  -10.6%-6.2%
  29.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $43,074$37,638
  $68,500$69,021
  $83,750$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  6.7%6.8%
  12.6%10.0%
  0.0%2.5%
  10.4%11.0%
  5.9%4.8%
  0.0%0.8%
  0.0%1.9%
  5.2%4.7%
  8.1%1.9%
  6.7%7.6%
  0.0%0.1%
  2.2%4.2%
  10.4%9.3%
  3.7%14.0%
  5.2%2.1%
  14.1%7.0%
  1.5%4.8%
  1.5%4.7%
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