Reading, MA is a great place to live. The two bedroom rent is $2,280 which is slightly higher than the US average of $1,430. The grocery cost index in Reading is also higher at 112 compared to the US average of 100. This town has some great local companies including Symmetry Software Solutions, Boston Technology Corporation, and Skyhook Wireless Inc. All three are well-known in the area and provide excellent services and products. In addition, there are a number of small businesses that offer unique services such as handmade crafts and locally sourced food products. With its great amenities and vibrant economy, Reading MA is an excellent place to call home.
Reading has an unemployment rate of 5.2%. The US average is 6.0%.
Reading has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.
Tax Rates for Reading
- The Sales Tax Rate for Reading is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Reading 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 Reading
- The average income of a Reading resident is $47,168 a year. The US average is $28,555 a year.
- The Median household income of a Reading resident is $145,552 a year. The US average is $69,021 a year.