Massachusetts 

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Economy in Massachusetts

Massachusetts has an unemployment rate of 4.3%. The US average is 5.2%.

Massachusetts has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 38.0%.

Tax Rates for Massachusetts
- The Sales Tax Rate for Massachusetts is 6.3%. The US average is 6.0%.
- The Income Tax Rate for Massachusetts is 5.1%. The US average is 4.6%.

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

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  ECONOMYMassachusetts, MassachusettsUnited States
  Unemployment Rate4.3%5.2%
  Recent Job Growth1.2%1.6%
  Future Job Growth38.0%38.0%
  Sales Taxes6.3%6.0%
  Income Taxes0.0510.046
  Income per Cap.$36,441$28,555
  Household Income$67,846$53,482
  Family Median Income$86,132$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.4%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction5.4%6.2%
  Manufacturing9.2%10.4%
  Wholesale trade2.4%2.7%
  Retail trade10.8%11.6%
  Transportation and warehousing3.0%4.1%
  Utilities00
  Information2.3%2.1%
  Finance and insurance5.8%4.7%
  Real estate, rental, leasing1.7%1.9%
  Professional, scientific, technical services9.4%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs3.7%4.3%
  Educational services11.6%9.3%
  Health care and social assistance16.3%13.8%
  Arts, entertainment, recreation2.0%2.2%
  Accommodation, food services6.8%7.4%
  Other services4.4%4.9%
  Public administration4.0%4.8%
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    Reviews for Massachusetts    73 Reviews
    About the truth os Springfield,Ma. - 1/23/2016
    What the hell are you talking abpout . Springfield,Ma. has s strick dog leash program. I hate to say but Florida has more problems than we do. You do not live here so... Read More

    Start Your Review of Massachusetts


    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

    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


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    MAPS OF MASSACHUSETTS
    Massachusetts
    ZIP CODES IN MASSACHUSETTS
    02148, 02301, 02155, 02360, ... 537 more

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