Vineyard Haven, MA is a small town located on Martha's Vineyard in Massachusetts. The cost of living is lower than the US average, with a 2 Bedroom Rent of $1,310 in Vineyard Haven compared to $1,430 in the US as a whole. Additionally, the Grocery Cost Index in Vineyard Haven is 114 while it is 100 in the US. Some local businesses that operate in Vineyard Haven include Cronig's Market, Net Result Computer Solutions, and Island Lumber & Hardware Co. In general, people who live in Vineyard Haven enjoy a lower cost of living than most places in the United States.
Vineyard Haven has an unemployment rate of 10.3%. The US average is 6.0%.
Vineyard Haven 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 Vineyard Haven
- The Sales Tax Rate for Vineyard Haven is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Vineyard Haven 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 Vineyard Haven
- The average income of a Vineyard Haven resident is $41,421 a year. The US average is $37,638 a year.
- The Median household income of a Vineyard Haven resident is $60,080 a year. The US average is $69,021 a year.