The charming town of Harvard, MA 01451 has much to offer. Home to a population of more than 6,300 people, this small and peaceful community offers residents a high quality of life. The cost of living is higher than the US average, with 2 bedroom rent costing $2,140 per month versus $1,430 in the US. Grocery Cost Index in Harvard is also higher at 112 compared to 100 in the US. \nHarvard MA is home to many local companies such as Vanasse Hangen Brustlin Inc., Bean Group Real Estate, and Marlboro Institute of Technology. Local businesses are an important part of the economy and contribute greatly to the tight-knit community atmosphere that exists in Harvard MA. Residents enjoy taking advantage of all that this beautiful town has to offer while still having access to events and locations nearby such as Boston College or Fenway Park.
Harvard (zip 01451) has an unemployment rate of 6.7%. The US average is 6.0%.
Harvard (zip 01451) 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 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Harvard (zip 01451)
- The Sales Tax Rate for Harvard (zip 01451) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Harvard (zip 01451) 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 Harvard (zip 01451)
- The average income of a Harvard (zip 01451) resident is $59,820 a year. The US average is $28,555 a year.
- The Median household income of a Harvard (zip 01451) resident is $174,444 a year. The US average is $69,021 a year.