Washington, MA Economy


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Washington, MA is a quaint town located in the Berkshires. It is known for its beautiful landscapes and recreational activities like hiking, biking, camping, fishing, and snowshoeing. The cost of living in Washington is slightly higher than the US average, as a 2 Bedroom apartment costs $1,810 compared to the US average of $1,430. However, groceries are cheaper than the US average with a grocery cost index of 104 versus 100 in the US. Local companies include Greylock Federal Credit Union for banking services; R&J Logistics for freight services; and Berkshire Charcuterie & Fromage for specialty foods.

Washington has an unemployment rate of 5.0%. The US average is 6.0%.

Washington has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Washington
- The Sales Tax Rate for Washington is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Washington 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 Washington
- The average income of a Washington resident is $36,788 a year. The US average is $28,555 a year.
- The Median household income of a Washington resident is $79,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWashington, MassachusettsUnited States
  56
  -10.7%-6.2%
  29.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $43,253$37,638
  $79,375$69,021
  $81,146$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  10.4%6.8%
  7.7%10.0%
  1.2%2.5%
  14.7%11.0%
  1.2%4.8%
  2.7%0.8%
  2.3%1.9%
  3.9%4.7%
  0.8%1.9%
  12.4%7.6%
  0.0%0.1%
  1.2%4.2%
  3.5%9.3%
  20.5%14.0%
  1.5%2.1%
  7.7%7.0%
  3.1%4.8%
  4.2%4.7%
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