West Falmouth, MA Economy


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West Falmouth, MA is a beautiful coastal town located on Cape Cod that offers a quaint charm and peaceful atmosphere. It is home to several companies, such as Falmouth Publishing Group, Seaside Realty Inc., and The Fish Market. The cost of living in West Falmouth is slightly higher than the US average with 2 bedroom rent averaging $1,740 compared to the US average of $1,430. Grocery costs are also higher with an index rating of 112 compared to 100 in the US. Despite the slightly higher prices, West Falmouth remains a popular choice for families who want to take advantage of its wonderful amenities and easy access to beaches.

West Falmouth has an unemployment rate of 9.0%. The US average is 6.0%.

West Falmouth has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.

Tax Rates for West Falmouth
- The Sales Tax Rate for West Falmouth is 6.3%. The US average is 7.3%.
- The Income Tax Rate for West Falmouth 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 West Falmouth
- The average income of a West Falmouth resident is $41,237 a year. The US average is $28,555 a year.
- The Median household income of a West Falmouth resident is $146,992 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Falmouth, MassachusettsUnited States
  96
  -11.3%-6.2%
  35.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $65,823$37,638
  $146,992$69,021
  $158,438$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.3%6.8%
  0.0%10.0%
  0.0%2.5%
  19.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  1.7%4.7%
  1.0%1.9%
  15.3%7.6%
  0.0%0.1%
  5.1%4.2%
  13.6%9.3%
  13.6%14.0%
  2.9%2.1%
  5.6%7.0%
  9.3%4.8%
  5.5%4.7%
Reviews for West Falmouth
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Over 7 years ago

West falmouth, nice place to live but way overpriced for older homes need g total renovations . Average house price is $700,000.00 and plan on doing kitchens & baths.  More

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