North Falmouth, MA Economy


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North Falmouth, MA is a popular coastal town located on the outer cape of Massachusetts. It is known for its beautiful beaches, tranquil atmosphere and stunning sunsets. The average two bedroom rent in North Falmouth is $2,020 per month, which is higher than the US average of $1,430 per month. The cost of groceries in North Falmouth is also higher than the national average with an index of 112 versus 100 in the US. Popular attractions in the area include Old Silver Beach and Chapoquoit Beach as well as local companies like New England Coastal Wildlife Refuges and Job's Fishing Center. There are also many outdoor activities such as biking, hiking and kayaking that can be enjoyed here.

North Falmouth has an unemployment rate of 9.0%. The US average is 6.0%.

North Falmouth has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.

Tax Rates for North Falmouth
- The Sales Tax Rate for North Falmouth is 6.3%. The US average is 7.3%.
- The Income Tax Rate for North Falmouth 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 North Falmouth
- The average income of a North Falmouth resident is $51,826 a year. The US average is $28,555 a year.
- The Median household income of a North Falmouth resident is $104,118 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Falmouth, MassachusettsUnited States
  96
  -11.3%-6.2%
  35.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $61,884$37,638
  $104,118$69,021
  $160,147$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.9%6.8%
  3.4%10.0%
  0.0%2.5%
  10.2%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  17.0%4.7%
  3.5%1.9%
  14.6%7.6%
  0.0%0.1%
  1.4%4.2%
  13.6%9.3%
  13.5%14.0%
  2.9%2.1%
  5.1%7.0%
  7.2%4.8%
  2.7%4.7%
Reviews for North Falmouth
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Over 16 years ago

Pleasant place to  More

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