Wayland, MA is a lovely town located in the Greater Boston metropolitan area. Located just outside of the city, this small community is filled with plenty to do and see. The housing market in Wayland is quite competitive and 2 bedroom rent prices average around $2,970. This is a bit higher than the US average of $1,430 for a 2 bedroom rental. Similarly, groceries cost 15% more in Wayland than they do on average in the US. There are many local companies that contribute to the economy such as the Brockton Public Schools, New England Generators, Blue Hills Bank, and Heald & Chiocca Insurance Agency. Shopping can be done at nearby stores like Star Market and Whole Foods Market, while entertainment options include Regal Cinemas and local parks like O'Neill Library Park.
Wayland has an unemployment rate of 4.6%. The US average is 6.0%.
Wayland 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 43.4%, which is higher than the US average of 33.5%.
Tax Rates for Wayland
- The Sales Tax Rate for Wayland is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Wayland 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 Wayland
- The average income of a Wayland resident is $86,947 a year. The US average is $37,638 a year.
- The Median household income of a Wayland resident is $203,789 a year. The US average is $69,021 a year.