Zip 01366 (Petersham, MA) Economy


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Petersham, MA 01366 is a small town located in Worcester County. The 2 Bedroom Rent in this area is $1,590 which is slightly higher than the US average of $1,430. This could be due to the local companies that operate within the zip code such as Petersham Nursery Inc., Central Mass Landscaping LLC and Pine Hill Orchards. Grocery Cost Index in this area is 106 versus 100 in the US which means it’s 6% more expensive than the national average. Therefore, 2 Bedroom Rent in Petersham is slightly higher than the US average rent but groceries are more expensive too.

Petersham (zip 01366) has an unemployment rate of 6.7%. The US average is 6.0%.

Petersham (zip 01366) 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 Petersham (zip 01366)
- The Sales Tax Rate for Petersham (zip 01366) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Petersham (zip 01366) 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 Petersham (zip 01366)
- The average income of a Petersham (zip 01366) resident is $33,441 a year. The US average is $28,555 a year.
- The Median household income of a Petersham (zip 01366) resident is $77,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPetersham, MassachusettsUnited States
  6.76
  -8.6%-6.2%
  38.5%33.5%
  6.3%6.2%
  5.1%4.6%
  $40,275$37,638
  $77,500$69,021
  $104,306$85,028
  Population by Occupation
  3.6%1.2%
  0.0%0.5%
  7.9%6.8%
  20.7%10.0%
  2.4%2.5%
  5.2%11.0%
  3.3%4.8%
  0.5%0.8%
  2.2%1.9%
  2.6%4.7%
  1.0%1.9%
  1.7%7.6%
  0.0%0.1%
  1.7%4.2%
  16.1%9.3%
  11.9%14.0%
  0.9%2.1%
  5.5%7.0%
  9.0%4.8%
  3.6%4.7%
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