Assonet, MA (zip code 02702) is a small suburb of Fall River with a population of less than 10,000 people. Rent for a two-bedroom apartment in this area is around $1,890 per month which is slightly more expensive than the US average of $1,430. However, Assonet boasts a grocery cost index of 107 which is 7 points higher than the US average. This means that groceries may cost slightly more in Assonet but residents can shop at local stores such as Shaw's Supermarkets and Stop & Shop for their weekly groceries. For those looking for work in Assonet there are several companies to choose from including B&B Acoustical & Drywall Corporation, Eastern Office Systems Inc., and Lighthouse Environmental Services LLC. Overall, Assonet provides affordable housing options and access to local markets so its residents can enjoy all of life’s necessities at a reasonable price.
Assonet (zip 02702) has an unemployment rate of 7.6%. The US average is 6.0%.
Assonet (zip 02702) has seen the job market decrease by -9.0% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Assonet (zip 02702)
- The Sales Tax Rate for Assonet (zip 02702) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Assonet (zip 02702) 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 Assonet (zip 02702)
- The average income of a Assonet (zip 02702) resident is $43,455 a year. The US average is $37,638 a year.
- The Median household income of a Assonet (zip 02702) resident is $105,515 a year. The US average is $69,021 a year.