South Yarmouth, MA Economy


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South Yarmouth, MA is a charming coastal town located on the southern tip of Cape Cod. This vibrant community offers plenty of activities for families and individuals alike. With its location on the shores of Nantucket Sound, there are a variety of aquatic activities available to enjoy such as swimming, kayaking, fishing, sailing, and more. Furthermore, South Yarmouth has many top-rated restaurants and local businesses such as Pufferbellies Restaurant and Grand Cru Vineyard & Winery. The area also features many outdoor attractions including Skipper’s Pier Beach Park with a playground and picnic area; Bass River Beach Park with a boardwalk; Mayflower Beach; and Scargo Tower offering stunning views of Cape Cod Bay. Finally, South Yarmouth's two bedroom rental cost is $2,090 while the US two bedroom rent is $1,430 and its grocery cost index is 107 compared to 100 in the US.

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

South Yarmouth 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 South Yarmouth
- The Sales Tax Rate for South Yarmouth is 6.3%. The US average is 7.3%.
- The Income Tax Rate for South Yarmouth 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 Yarmouth
- The average income of a South Yarmouth resident is $29,863 a year. The US average is $28,555 a year.
- The Median household income of a South Yarmouth resident is $72,759 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Yarmouth, MassachusettsUnited States
  96
  -11.3%-6.2%
  35.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $41,402$37,638
  $72,759$69,021
  $88,948$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  12.2%6.8%
  2.2%10.0%
  3.7%2.5%
  21.3%11.0%
  2.6%4.8%
  1.3%0.8%
  1.1%1.9%
  3.8%4.7%
  1.9%1.9%
  2.7%7.6%
  0.0%0.1%
  4.7%4.2%
  7.6%9.3%
  15.6%14.0%
  2.9%2.1%
  9.8%7.0%
  5.3%4.8%
  1.0%4.7%
Reviews for South Yarmouth
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If anyone is thinking of relocating to Cape Cod please be absolutely sure you are wealthy enough to live here. Affordable housing is no where to be found,as are good  More

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