Zip 01079 (Palmer Town, MA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
The town of 01079 Palmer Town, Massachusetts is a great place to live with many local companies, restaurants, and attractions. Rent on two-bedroom apartments in the area averages $1,800 per month, which is slightly higher than the US average of $1,430. Grocery costs in Palmer Town also tend to run slightly higher than the rest of the country at an index score of 105 versus a US national average of 100.
Local businesses in Palmer Town include A.C. Moore Arts & Crafts, Country Bank for Savings, and Harbor One Bank. There are several popular local eateries such as Joseph's Bar and Grill, Delaney's Steakhouse and Pub Room, and The Palms Restaurant & Pizzeria. For those looking for something fun to do in their spare time there are several activities available including Twin Valley Zoo & Animal Park, Tree Top Adventures Zip Line Tours, and the Quaboag Historical Society Museum & Archives. No matter what you're looking for Palmer Town has something for everyone!

Palmer Town (zip 01079) has an unemployment rate of 8.5%. The US average is 6.0%.

Palmer Town (zip 01079) 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 01079)
- The Sales Tax Rate for Palmer Town (zip 01079) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Palmer Town (zip 01079) 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 01079)
- The average income of a Palmer Town (zip 01079) resident is $29,340 a year. The US average is $28,555 a year.
- The Median household income of a Palmer Town (zip 01079) resident is $65,184 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalmer Town, MassachusettsUnited States
  8.56
  -9.4%-6.2%
  33.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $31,937$37,638
  $65,184$69,021
  $54,786$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  9.1%10.0%
  0.0%2.5%
  25.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  10.5%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  22.5%9.3%
  8.4%14.0%
  0.0%2.1%
  24.2%7.0%
  0.0%4.8%
  0.0%4.7%
Health