Tisbury, MA is a great place to live with a cost of living lower than the US average. The average rent for a two bedroom apartment in Tisbury is $1,310 versus $1,430 in the US. Additionally, grocery items are more affordable with Tisbury's grocery cost index at 114 versus 100 in the US. There are many local businesses located in Tisbury that help make this town unique such as Martha's Vineyard Gourmet Café & Bakery, Offshore Ale Company and Down Island Farm.
Tisbury has an unemployment rate of 13.1%. The US average is 6.0%.
Tisbury has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Tisbury
- The Sales Tax Rate for Tisbury is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Tisbury 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 Tisbury
- The average income of a Tisbury resident is $36,180 a year. The US average is $37,638 a year.
- The Median household income of a Tisbury resident is $55,938 a year. The US average is $69,021 a year.