Zip 01431 (Ashby, MA) Economy


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01431 Ashby, MA is a small town located in Middlesex County. It is home to about 5,000 people who enjoy a rural and peaceful lifestyle. The estimated two bedroom rent in 01431 Ashby, MA is $2190 per month which is significantly higher than the US average of $1430 per month. Groceries also tend to be more expensive in 01431 Ashby–the grocery cost index is at 106 versus 100 in the US. \nThe cost of living in 01431Ashby can be steep but there are plenty of opportunities for employment. Locals can work with companies like the Fruit Company, Inc., Fidelity Investment, and New Balance Footwear. With many employment options available and a beautiful natural landscape, 01431 Ashby has something for everyone.

Ashby (zip 01431) has an unemployment rate of 5.2%. The US average is 6.0%.

Ashby (zip 01431) has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Ashby (zip 01431)
- The Sales Tax Rate for Ashby (zip 01431) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Ashby (zip 01431) 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 Ashby (zip 01431)
- The average income of a Ashby (zip 01431) resident is $30,953 a year. The US average is $28,555 a year.
- The Median household income of a Ashby (zip 01431) resident is $95,536 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshby, MassachusettsUnited States
  5.26
  -8.9%-6.2%
  41.3%33.5%
  6.3%6.2%
  5.1%4.6%
  $47,086$37,638
  $95,536$69,021
  $105,742$85,028
  Population by Occupation
  0.8%1.2%
  0.5%0.5%
  10.8%6.8%
  17.5%10.0%
  0.9%2.5%
  7.1%11.0%
  4.6%4.8%
  0.3%0.8%
  2.0%1.9%
  0.8%4.7%
  1.7%1.9%
  8.5%7.6%
  0.0%0.1%
  1.7%4.2%
  9.1%9.3%
  12.9%14.0%
  1.2%2.1%
  4.3%7.0%
  8.0%4.8%
  7.4%4.7%
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