Palmer Town, Massachusetts 01069 is a small town located in Hampden County with a population of 12,165 people. The town is home to many local businesses including the Quabbin Valley Co-Op, Big Y Supermarkets, and Dowd's Automotive. The two bedroom rent for the area is $1,140 which is slightly lower than the US average of $1,430. The Grocery Cost Index for this area is 105 compared to the US average of 100 meaning that groceries in Palmer Town are 5% more expensive than the national average.
Palmer Town (zip 01069) has an unemployment rate of 9.3%. The US average is 6.0%.
Palmer Town (zip 01069) 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 01069)
- The Sales Tax Rate for Palmer Town (zip 01069) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Palmer Town (zip 01069) 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 01069)
- The average income of a Palmer Town (zip 01069) resident is $27,546 a year. The US average is $28,555 a year.
- The Median household income of a Palmer Town (zip 01069) resident is $64,300 a year. The US average is $69,021 a year.