Massachusetts 

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Economy in Massachusetts

Massachusetts has an unemployment rate of 6.6%. The US average is 6.0%.

Massachusetts 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 39.3%, which is higher than the US average of 33.5%.

Tax Rates for Massachusetts
- The Sales Tax Rate for Massachusetts is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Massachusetts 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 Massachusetts
- The average income of a Massachusetts resident is $36,441 a year. The US average is $28,555 a year.
- The Median household income of a Massachusetts resident is $67,846 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMassachusetts, MassachusettsUnited States
  6.6%6.0%
  -9.1%-6.2%
  39.3%33.5%
  6.3%6.2%
  5.1%4.6%
  $39,913$31,177
  $74,167$57,652
  $94,110$70,850
  POPULATION BY OCCUPATION
  0.4%1.3%
  0.0%0.6%
  5.4%6.2%
  9.2%10.4%
  2.4%2.7%
  10.8%11.6%
  3.0%4.1%
  0.6%0.9%
  2.3%2.1%
  5.8%4.7%
  1.7%1.9%
  9.4%6.7%
  0.1%0.1%
  3.7%4.3%
  11.6%9.3%
  16.3%13.8%
  2.0%2.2%
  6.8%7.4%
  4.4%4.9%
  4.0%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Massachusetts    72 Reviews
    Secondary education - 6/14/2015
    Massachusetts offers exceptional college options from its highly regarded state system to a significant number of private colleges. Massachusetts is home to some... Read More

    Start Your Review of Massachusetts


    Massachusetts - 6/3/2015
    Massachusetts, especially the Boston area, is a great place to live. Well over 50 colleges and universities within a 100 mile radius so the entire region is always... Read More

    florida - 4/26/2015
    considering moving to fla naplles cape coral more interested in the gulf side would like to spend 225 pros and cons it is so cold here almost may and I have the heat on... Read More


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    COMPARE COST OF LIVING
    Compare Massachusetts to any other place in the USA.


    MAPS OF MASSACHUSETTS
    Massachusetts
    ZIP CODES IN MASSACHUSETTS
    02148, 02301, 02155, 02360, 02169, 02124, 02151, 01960, 02780, 01844, ... 537 more


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