Southbridge Town, MA is a beautiful town located in the Worcester County of Massachusetts. It has a population of 16,719 and offers a cozy atmosphere with plenty of local businesses and attractions. The two bedroom rent in the area is quite affordable at $1,400 compared to the US average of $1,430. Grocery cost index is also lower than the national average which makes it an ideal place to live for those looking for an affordable yet comfortable lifestyle. In terms of local companies, Southbridge Town has several businesses including Wallace & Sons Auto Care, SIDA Electronics Company, CTI Mechanical and many more. In terms of attractions, residents can enjoy visiting the Southbridge Community Playground that has fun activities for adults and children alike or visit Quinebaug Riverwalk Park for great views and fishing opportunities.
Southbridge Town has an unemployment rate of 6.7%. The US average is 6.0%.
Southbridge Town has seen the job market increase by 4.0% 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 Southbridge Town
- The Sales Tax Rate for Southbridge Town is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Southbridge Town 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 Southbridge Town
- The average income of a Southbridge Town resident is $22,773 a year. The US average is $28,555 a year.
- The Median household income of a Southbridge Town resident is $50,414 a year. The US average is $69,021 a year.