Boston-Cambridge-Newton Metro Area, Massachusetts 

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United States / Massachusetts / Boston-Cambridge-Newton Metro Area / Counties / Cities / Zip Codes

Economy in Boston-Cambridge-Newton Metro Area, Massachusetts

Boston-Cambridge-Newton Metro Area has an unemployment rate of 3.1%. The US average is 3.9%.

Boston-Cambridge-Newton Metro Area 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 40.2%, which is higher than the US average of 33.5%.

Tax Rates for Boston-Cambridge-Newton Metro Area
- The Sales Tax Rate for Boston-Cambridge-Newton Metro Area is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Boston-Cambridge-Newton Metro Area is 5.1%. The US average is 4.6%.

Income and Salaries for Boston-Cambridge-Newton Metro Area
- The average income of a Boston-Cambridge-Newton Metro Area resident is $39,572 a year. The US average is $28,555 a year.
- The Median household income of a Boston-Cambridge-Newton Metro Area resident is $74,494 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYBoston-Cambridge-Newton, MassachusettsUnited States
  Unemployment Rate3.1%3.9%
  Recent Job Growth4.0%1.6%
  Future Job Growth40.2%33.5%
  Sales Taxes5.7%7.3%
  Income Taxes0.0510.046
  Income per Cap.$43,348$31,177
  Household Income$81,838$57,652
  Family Median Income$102,945$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.3%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction5.1%6.2%
  Manufacturing8.8%10.4%
  Wholesale trade2.3%2.7%
  Retail trade10.2%11.6%
  Transportation and warehousing2.9%4.1%
  Utilities00
  Information2.6%2.1%
  Finance and insurance6.3%4.7%
  Real estate, rental, leasing1.9%1.9%
  Professional, scientific, technical services10.9%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs3.8%4.3%
  Educational services11.6%9.3%
  Health care and social assistance15.8%13.8%
  Arts, entertainment, recreation1.9%2.2%
  Accommodation, food services6.8%7.4%
  Other services4.4%4.9%
  Public administration3.8%4.8%
ECONOMY MAP
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    MAPS OF BOSTON-CAMBRIDGE-NEWTON METRO AREA, MASSACHUSETTS
    ZIP CODES IN BOSTON-CAMBRIDGE-NEWTON METRO AREA, MASSACHUSETTS
    02148, 02301, 02155, 02360, ... 231 more

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