\nThe city of Palmer Town, MA (01009) is a great place to live. Rent for a two-bedroom apartment in the area is $1,250, lower than the average US rent which is $1,430. The Grocery Cost Index in Palmer Town is 106 compared to 100 in the US. Residents have access to plenty of local amenities and businesses like Aspen Crossing Restaurant & Event Center, Polar Beverages, Big Y Foods Inc., and Heney Realtors. Shopping options include Walmart Supercenter and Summit Plaza Shopping Center nearby. The town also offers several outdoor activities like Palmer Historical Museum Park and Lake Mattoon Park. In addition, there are several schools like Converse Middle School and Ware High School in the town. All these factors make Palmer Town an ideal place to live with an affordable cost of living.
Palmer Town (zip 01009) has an unemployment rate of 8.5%. The US average is 6.0%.
Palmer Town (zip 01009) 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 Palmer Town (zip 01009)
- The Sales Tax Rate for Palmer Town (zip 01009) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Palmer Town (zip 01009) 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 Palmer Town (zip 01009)
- The average income of a Palmer Town (zip 01009) resident is $26,221 a year. The US average is $28,555 a year.
- The Median household income of a Palmer Town (zip 01009) resident is $64,809 a year. The US average is $69,021 a year.