Vineyard Haven Metro Area, MA Economy


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United States / Massachusetts / Vineyard Haven Metro Area / Counties / Cities / Zip Codes
Vineyard Haven, MA Metro Area is a great place to live. It has a low cost of living compared to the rest of the US, with an average 2 bedroom rent of $2,330 per month versus $1,430 in the US. This area has great shopping opportunities at places like Stop & Shop and Trader Joe's - both popular grocery stores. There are also many local attractions like Martha's Vineyard Museum, Martha's Vineyard Film Center and Felix Neck Wildlife Sanctuary where people can learn more about the region’s history and ecology. With its friendly atmosphere, affordable housing costs and abundance of attractions, it's no wonder that so many people choose to call Vineyard Haven home.

Vineyard Haven Metro Area has an unemployment rate of 10.3%. The US average is 6.0%.

Vineyard Haven Metro Area has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Vineyard Haven Metro Area
- The Sales Tax Rate for Vineyard Haven Metro Area is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Vineyard Haven Metro Area 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 Vineyard Haven Metro Area
- The average income of a Vineyard Haven Metro Area resident is $33,738 a year. The US average is $28,555 a year.
- The Median household income of a Vineyard Haven Metro Area resident is $77,392 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVineyard Haven, MassachusettsUnited States
  10.36
  -5.7%-6.2%
  33.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $51,354$37,638
  $77,392$69,021
  $111,385$85,028
  Population by Occupation
  1.3%1.2%
  0.1%0.5%
  15.9%6.8%
  2.4%10.0%
  1.1%2.5%
  9.9%11.0%
  3.9%4.8%
  0.4%0.8%
  2.7%1.9%
  3.5%4.7%
  1.9%1.9%
  9.5%7.6%
  0.0%0.1%
  8.1%4.2%
  9.8%9.3%
  12.1%14.0%
  3.0%2.1%
  4.8%7.0%
  6.7%4.8%
  2.7%4.7%
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