Somerville, Massachusetts 

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Economy in Somerville, Massachusetts

Somerville has an unemployment rate of 2.2%. The US average is 3.9%.

Somerville has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.

Tax Rates for Somerville
- The Sales Tax Rate for Somerville is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Somerville 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 Somerville
- The average income of a Somerville resident is $36,229 a year. The US average is $28,555 a year.
- The Median household income of a Somerville resident is $66,866 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSomerville, MassachusettsUnited States
  1.9%3.7%
  4.3%1.6%
  44.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $44,399$31,177
  $84,722$57,652
  $95,492$70,850
  POPULATION BY OCCUPATION
  0.2%1.3%
  0.1%0.6%
  3.3%6.2%
  6.4%10.4%
  1.5%2.7%
  6.6%11.6%
  1.9%4.1%
  0.2%0.9%
  3.6%2.1%
  4.4%4.7%
  1.8%1.9%
  15.8%6.7%
  0.2%0.1%
  3.4%4.3%
  19.6%9.3%
  12.9%13.8%
  2.1%2.2%
  8.5%7.4%
  4.4%4.9%
  2.9%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Somerville    3 Reviews
    Ready to move on...but where? - 11/17/2011
    I've lived in Somerville/Cambridge for 10 years, the last 4.5 with my husband in Spring Hill. It really is a great place to live if you are in your 20s & 30s: it is... Read More

    Start Your Review of Somerville


    Not too bad a place to live - 9/30/2008
    Living in Somerville is OK. I'm not a 'city' person and I would rather be out in the country some place, but it's not too bad here. I'm in my early 50s and own a house.... Read More

    Davis Square - 2/8/2008
    we are midwest transplants to the Boston area and lucked out by finding this great little neighborhood - right on the train line, little stores and good community - we... Read More


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    COMPARE COST OF LIVING
    Compare Somerville, Massachusetts to any other place in the USA.

    MAPS OF SOMERVILLE, MASSACHUSETTS
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Somerville,Massachusetts Map
    ZIP CODES IN SOMERVILLE, MASSACHUSETTS
    02143 02145 02144

    NEW LISTINGS IN SOMERVILLE
    $975,000
    92 Myrtle St
    Bed 5 | Bath 3

    $625,000
    11 Bailey St
    Bed 3 | Bath 1

    $1,089,900
    9 Porter St
    Bed 4 | Bath 3

    $635,000
    36 Summer St
    Bed 0 | Bath 1

    $749,000
    7 Madison St
    Bed 4 | Bath 2

    $1,375,000
    138 Central St
    Bed 6 | Bath 3


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