Zip 02131 (Boston, MA) Economy


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02131 Boston, MA is an affluent neighborhood located near downtown Boston. It offers convenient access to public transportation, excellent restaurants, and great shopping. A two bedroom rental in 02131 can expect to pay around $2,580 a month versus the US average of $1,430 for a two bedroom unit. The Grocery Cost Index in 02131 is 111 compared to the US average of 100 which means groceries cost 11% more than the national average in this area. Popular local businesses include Legal Sea Foods and Old South Meeting House both based in 02131.

Boston (zip 02131) has an unemployment rate of 6.2%. The US average is 6.0%.

Boston (zip 02131) 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 02131)
- The Sales Tax Rate for Boston (zip 02131) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Boston (zip 02131) 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 02131)
- The average income of a Boston (zip 02131) resident is $31,415 a year. The US average is $28,555 a year.
- The Median household income of a Boston (zip 02131) resident is $93,601 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%
  $45,425$37,638
  $93,601$69,021
  $109,359$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  4.1%6.8%
  2.8%10.0%
  1.1%2.5%
  8.5%11.0%
  4.0%4.8%
  0.1%0.8%
  2.9%1.9%
  5.7%4.7%
  1.6%1.9%
  9.8%7.6%
  0.0%0.1%
  3.8%4.2%
  14.9%9.3%
  20.9%14.0%
  3.2%2.1%
  7.0%7.0%
  5.0%4.8%
  4.6%4.7%
Reviews for Boston
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Over 18 years ago

I presently live in Roslindale.Ma and the rents are getting higher and higher every year.I currently pay 1250 a month for a run down 3 bedroom apartment in the worst  More

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