Tewksbury, MA is an attractive town located just outside of Boston in Middlesex County. It is a great place to live and raise a family due to the close proximity to the city, as well as its numerous amenities. The two-bedroom rental rates in Tewksbury are much higher than the national average of $1,430, but grocery costs remain competitive with an index of 109. Many local companies reside in Tewksbury, such as Sunbeam Corporation and American Superconductor Corporation. Tourist attractions include Battle Road Trail, where visitors can walk the route taken by Paul Revere during his famous ride on April 18th 1775. There are also plenty of parks and recreational activities for all ages to enjoy within the town of Tewksbury.
Tewksbury has an unemployment rate of 5.3%. The US average is 6.0%.
Tewksbury 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 42.9%, which is higher than the US average of 33.5%.
Tax Rates for Tewksbury
- The Sales Tax Rate for Tewksbury is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Tewksbury 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 Tewksbury
- The average income of a Tewksbury resident is $40,201 a year. The US average is $28,555 a year.
- The Median household income of a Tewksbury resident is $111,696 a year. The US average is $69,021 a year.