Berkshire County, MA Economy


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Berkshire, MA County is a great place to live and work. The 2 bedroom rent is relatively affordable at $1,420 compared to the US average of $1,430. The grocery cost index here is also relatively low at 106 versus the US index of 100. This makes it an attractive place for families looking to save on their monthly expenses. As well as being affordable, Berkshire offers plenty of employment opportunities with many local companies like Greylock Federal Credit Union, Berkshire Bank, Canyon Ranch and General Dynamics Mission Systems providing jobs in areas such as finance, hospitality, defense contracting and more.

Berkshire County has an unemployment rate of 8.0%. The US average is 6.0%.

Berkshire County 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 Berkshire County
- The Sales Tax Rate for Berkshire County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Berkshire County 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 Berkshire County
- The average income of a Berkshire County resident is $30,168 a year. The US average is $28,555 a year.
- The Median household income of a Berkshire County resident is $63,159 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBerkshire, MassachusettsUnited States
  86
  -9.1%-6.2%
  29.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $39,952$37,638
  $63,159$69,021
  $84,485$85,028
  Population by Occupation
  0.9%1.2%
  0.1%0.5%
  6.3%6.8%
  7.8%10.0%
  1.6%2.5%
  11.0%11.0%
  3.0%4.8%
  1.0%0.8%
  1.6%1.9%
  3.7%4.7%
  1.2%1.9%
  6.1%7.6%
  0.1%0.1%
  3.2%4.2%
  14.9%9.3%
  18.3%14.0%
  3.2%2.1%
  6.5%7.0%
  5.4%4.8%
  4.1%4.7%
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