West Newbury, MA is a small city located in Massachusetts. It is known for its picturesque views and small-town charm. The cost of living in West Newbury is higher than the US average, with the 2 bedroom rent being $2,380 compared to $1,430 nationwide. Additionally, grocery costs are comparatively more expensive at 112 index versus 100 nationally. There are various companies located within the city such as the West Newbury Country Store and Ellwood Orchards. The city also boasts a beautiful landscape featuring rocky cliffs along the Merrimack River and many historic buildings dating back to colonial days. All in all, West Newbury is an ideal location for those who enjoy a quiet life surrounded by nature and close-knit local businesses.
West Newbury has an unemployment rate of 3.6%. The US average is 6.0%.
West Newbury has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for West Newbury
- The Sales Tax Rate for West Newbury is 6.3%. The US average is 7.3%.
- The Income Tax Rate for West Newbury 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 Newbury
- The average income of a West Newbury resident is $52,373 a year. The US average is $28,555 a year.
- The Median household income of a West Newbury resident is $164,250 a year. The US average is $69,021 a year.