Suffolk County, MA Economy


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Suffolk, MA County is considered one of the most affordable places to live in the US. The average two bedroom rent in Suffolk is $2,640, which is significantly higher than the US average of $1,430. It's also higher than the grocery cost index of 113 versus 100 in the US. Despite this, Suffolk still remains an attractive option for those seeking a reasonable lifestyle. There are numerous local companies such as Dunkin Donuts and Pleasant Pizza that have become staples of the community, providing residents with delicious food and great service. Other business include Daley & Sons Auto Body, Thompson Financial Group, Cambridge Engineering Solutions Incorporated (CESI), and many more that offer valuable services to their customers.

Suffolk County has an unemployment rate of 6.5%. The US average is 6.0%.

Suffolk County has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.

Tax Rates for Suffolk County
- The Sales Tax Rate for Suffolk County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Suffolk 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 Suffolk County
- The average income of a Suffolk County resident is $33,522 a year. The US average is $28,555 a year.
- The Median household income of a Suffolk County resident is $80,260 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySuffolk, MassachusettsUnited States
  6.56
  -9.1%-6.2%
  42.2%33.5%
  6.3%6.2%
  5.1%4.6%
  $47,916$37,638
  $80,260$69,021
  $93,243$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.9%6.8%
  4.9%10.0%
  1.5%2.5%
  8.4%11.0%
  3.9%4.8%
  0.4%0.8%
  2.2%1.9%
  6.6%4.7%
  1.9%1.9%
  13.7%7.6%
  0.2%0.1%
  4.5%4.2%
  12.5%9.3%
  17.4%14.0%
  1.9%2.1%
  7.8%7.0%
  4.3%4.8%
  3.9%4.7%
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