Berkley, Massachusetts (02779) is a small town in southeastern Massachusetts with a population of around 4,700. It is known for its beautiful beaches and hiking trails. Rent for a 2 bedroom apartment in Berkley is around $1,700 per month, which is significantly higher than the national average of $1,430. The grocery cost index in Berkley is also significantly higher than the US average at 108 versus 100.
The small town of Berkley has many local companies that locals can take advantage of such as Narrows Electric Inc., Daisy Clay Creations and A-Plus Mechanical Contractors Inc. Residents have access to great restaurants like The Cove Restaurant and Marina Bar & Grille as well as shops like Tricia's Boutique & Gifts and Rumney Marsh Marketplace. With its close proximity to both Boston and Providence, Berkley residents have access to all that these larger cities have to offer while still maintaining a small home-town feel.
Berkley (zip 02779) has an unemployment rate of 7.6%. The US average is 6.0%.
Berkley (zip 02779) has seen the job market increase by 3.9% 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 Berkley (zip 02779)
- The Sales Tax Rate for Berkley (zip 02779) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Berkley (zip 02779) 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 Berkley (zip 02779)
- The average income of a Berkley (zip 02779) resident is $33,277 a year. The US average is $28,555 a year.
- The Median household income of a Berkley (zip 02779) resident is $110,518 a year. The US average is $69,021 a year.