South Lancaster, MA is a vibrant community located in Worcester County with many local businesses. Rent for a two-bedroom apartment is around $2,330, which is higher than the US average of $1,430. Additionally, the Grocery Cost Index in South Lancaster is 107 compared to 100 in the US. Popular local companies include Riverside Ice Co., a family-owned ice delivery business that has been serving customers since 1981; Milka’s Bakery & Cafe, offering breakfast pastries and lunch items; and Stepping Stones Therapy Services Inc., a speech therapy provider for children with developmental delays. These businesses help provide essential services to residents of South Lancaster, MA while contributing to its vibrant economy.
South Lancaster has an unemployment rate of 6.7%. The US average is 6.0%.
South Lancaster has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for South Lancaster
- The Sales Tax Rate for South Lancaster is 6.3%. The US average is 7.3%.
- The Income Tax Rate for South Lancaster 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 South Lancaster
- The average income of a South Lancaster resident is $44,674 a year. The US average is $37,638 a year.
- The Median household income of a South Lancaster resident is $98,894 a year. The US average is $69,021 a year.