Zip 01501 (Auburn, MA) Economy


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The average cost of rent for a two bedroom in 01501 Auburn, MA is about $1,430, which is similar to the national average of $1,430. The local grocery cost index within the area is 106 versus 100 in the US.
01501 Auburn, MA has a diverse economy that consists of several smaller companies such as Sunfish Technologies LLC, M&K Craftsman Inc., and E.L. Harvey & Sons Inc. Sunfish Technologies LLC develops innovative software solutions that help businesses protect their data and stay efficient while M&K Craftsman Inc. specializes in custom-made woodworking projects for residential and commercial customers. E.L. Harvey & Sons provides waste management services to homeowners, businesses, and institutions across Massachusetts.

Auburn (zip 01501) has an unemployment rate of 6.0%. The US average is 6.0%.

Auburn (zip 01501) has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Auburn (zip 01501)
- The Sales Tax Rate for Auburn (zip 01501) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Auburn (zip 01501) 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 Auburn (zip 01501)
- The average income of a Auburn (zip 01501) resident is $34,412 a year. The US average is $28,555 a year.
- The Median household income of a Auburn (zip 01501) resident is $94,267 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAuburn, MassachusettsUnited States
  66
  -8.4%-6.2%
  38.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $44,448$37,638
  $94,267$69,021
  $115,038$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  4.9%6.8%
  9.0%10.0%
  2.5%2.5%
  9.0%11.0%
  4.8%4.8%
  1.7%0.8%
  1.7%1.9%
  6.0%4.7%
  1.5%1.9%
  8.3%7.6%
  0.3%0.1%
  0.9%4.2%
  14.8%9.3%
  20.6%14.0%
  1.2%2.1%
  3.8%7.0%
  3.7%4.8%
  4.9%4.7%
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