Provincetown, MA Economy


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Provincetown, MA is a popular summer destination known for its lovely beaches and bustling nightlife. It's also home to many unique shops and restaurants, as well as a vibrant arts community. The cost of living is higher than the national average, with 2 bedroom rent coming in at $1,840 compared to the US average of $1,430. Grocery cost index in Provincetown is 113 versus 100 in the US. One of the town's main attractions is the Pilgrim Monument & Provincetown Museum which offers an educational look into the area's history and culture. The nearby Wellfleet Drive-In Theater showcases classic films in a retro atmosphere. Other local businesses include Salt Water Grille, which serves up fresh seafood dishes, and McKeon Gallery, which features an array of artwork from emerging artists.

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

Provincetown 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 Provincetown
- The Sales Tax Rate for Provincetown is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Provincetown 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 Provincetown
- The average income of a Provincetown resident is $45,910 a year. The US average is $28,555 a year.
- The Median household income of a Provincetown resident is $72,904 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyProvincetown, MassachusettsUnited States
  96
  -11.3%-6.2%
  35.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $70,543$37,638
  $72,904$69,021
  $96,979$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  4.2%6.8%
  5.4%10.0%
  2.6%2.5%
  10.7%11.0%
  5.9%4.8%
  0.0%0.8%
  1.9%1.9%
  2.8%4.7%
  6.2%1.9%
  9.9%7.6%
  0.0%0.1%
  3.0%4.2%
  7.6%9.3%
  12.1%14.0%
  5.2%2.1%
  15.3%7.0%
  1.8%4.8%
  4.9%4.7%
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