Yarmouth Port, MA Economy


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Yarmouth Port, MA is a small town located in the state of Massachusetts. It is known for its beautiful beaches and close proximity to Boston. The 2 bedroom rent in Yarmouth Port is significantly higher than the US average, at $2,340 compared to $1,430. The grocery cost index in Yarmouth Port is also higher than the national average at 108 versus 100. Despite these expensive costs, it remains a popular location due to its high quality lifestyle and many local businesses such as Ebb Tide Seafood & Grille, Southside Pizza and Kenny’s Seafood Market.

Yarmouth Port has an unemployment rate of 9.0%. The US average is 6.0%.

Yarmouth Port 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 Yarmouth Port
- The Sales Tax Rate for Yarmouth Port is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Yarmouth Port 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 Yarmouth Port
- The average income of a Yarmouth Port resident is $45,220 a year. The US average is $28,555 a year.
- The Median household income of a Yarmouth Port resident is $90,428 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyYarmouth Port, MassachusettsUnited States
  96
  -11.3%-6.2%
  35.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $58,414$37,638
  $90,428$69,021
  $112,202$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  7.7%6.8%
  4.1%10.0%
  0.0%2.5%
  18.6%11.0%
  1.0%4.8%
  0.0%0.8%
  1.0%1.9%
  2.6%4.7%
  9.0%1.9%
  13.2%7.6%
  0.0%0.1%
  1.0%4.2%
  8.6%9.3%
  11.4%14.0%
  2.8%2.1%
  10.5%7.0%
  2.4%4.8%
  5.7%4.7%
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