Williamstown, MA is a picturesque town nestled in the Berkshire Mountains of western Massachusetts. It is known for its outdoor recreation, historic landmarks, vibrant arts scene, and college-town feel. The cost of living in Williamstown is higher than the national average - 2 bedroom rent is $1,680 while it's only $1,430 nationally. It also has a grocery cost index of 107 versus 100 in the US. Despite the higher costs associated with living in Williamstown, MA residents enjoy many benefits including easy access to retail shopping centers such as Williams Crossing and Cheese & Grain Shops; local restaurants like Gramercy Bistro; live entertainment from The Clark Art Institute; and other excellent services like FirstLight Home Care. All these companies and amenities make Williamstown a great place to call home.
Williamstown has an unemployment rate of 8.0%. The US average is 6.0%.
Williamstown 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 Williamstown
- The Sales Tax Rate for Williamstown is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Williamstown 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 Williamstown
- The average income of a Williamstown resident is $34,533 a year. The US average is $28,555 a year.
- The Median household income of a Williamstown resident is $95,682 a year. The US average is $69,021 a year.