Winchendon, MA Economy


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Winchendon, MA is a small town located in Worcester County. It is known for its high quality of life and low cost of living. The average rent for a two-bedroom apartment in Winchendon is $1,300 per month, which is lower than the national average of $1,430. The grocery cost index in this area is also attractive at 105 versus the US average of 100. Local businesses in Winchendon include Landmark Home & Land Company, Grand Slam Dunk Ice Cream, and U&I Printing Solutions Inc. With these affordable rental prices and an overall low cost of living, Winchendon can be a great place to call home.

Winchendon has an unemployment rate of 6.7%. The US average is 6.0%.

Winchendon 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 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Winchendon
- The Sales Tax Rate for Winchendon is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Winchendon 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 Winchendon
- The average income of a Winchendon resident is $27,793 a year. The US average is $28,555 a year.
- The Median household income of a Winchendon resident is $84,120 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWinchendon, MassachusettsUnited States
  6.76
  -8.6%-6.2%
  38.5%33.5%
  6.3%6.2%
  5.1%4.6%
  $34,523$37,638
  $84,120$69,021
  $100,343$85,028
  Population by Occupation
  1.4%1.2%
  0.3%0.5%
  6.3%6.8%
  18.6%10.0%
  0.3%2.5%
  12.4%11.0%
  4.4%4.8%
  0.8%0.8%
  1.6%1.9%
  2.5%4.7%
  1.2%1.9%
  8.3%7.6%
  0.0%0.1%
  1.5%4.2%
  10.9%9.3%
  15.1%14.0%
  0.9%2.1%
  2.6%7.0%
  6.7%4.8%
  4.2%4.7%
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