Zip 02113 (Boston, MA) Economy


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02113 Boston, MA is an amazing place to live. With its historic neighborhoods and vibrant culture, 02113 offers something for everyone. The local 2 bedroom rent in 02113 is $3,290, which is nearly double the US average of $1,430. The Grocery Cost Index in 02113 is 112 versus 100 in the US, demonstrating that living costs are slightly higher than elsewhere in the country. Despite this cost of living, 02113 boasts plenty of high-paying jobs at prominent companies such as Liberty Mutual Insurance Group and John Hancock Insurance Company. This makes 02113 an attractive place to live due to its many job opportunities and high quality of life. From its abundance of parks and outdoor activities to its lively nightlife scene along with world-renowned universities like Harvard University situated nearby—02113 truly has something for everyone!

Boston (zip 02113) has an unemployment rate of 6.2%. The US average is 6.0%.

Boston (zip 02113) has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Boston (zip 02113)
- The Sales Tax Rate for Boston (zip 02113) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Boston (zip 02113) 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 Boston (zip 02113)
- The average income of a Boston (zip 02113) resident is $56,944 a year. The US average is $28,555 a year.
- The Median household income of a Boston (zip 02113) resident is $100,613 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoston, MassachusettsUnited States
  6.26
  -9.1%-6.2%
  42.5%33.5%
  6.3%6.2%
  5.1%4.6%
  $84,372$37,638
  $100,613$69,021
  $155,673$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.7%6.8%
  4.1%10.0%
  2.3%2.5%
  5.5%11.0%
  1.2%4.8%
  0.1%0.8%
  1.7%1.9%
  17.8%4.7%
  3.3%1.9%
  29.9%7.6%
  0.3%0.1%
  1.3%4.2%
  8.5%9.3%
  8.8%14.0%
  2.2%2.1%
  6.4%7.0%
  2.1%4.8%
  2.8%4.7%
Health