Boxborough, MA is a wonderful town with plenty to offer in terms of affordability and quality of life. The 2 bedroom rent in this town is $2,200 which is much lower than the US average of $1,430 dollars. Additionally, the Grocery Cost Index here is 111 compared to 100 in the US. This means that the cost of groceries in Boxborough is slightly higher than average but still manageable.
The town has many local businesses that contribute greatly to its economy such as Chartwell Technology Inc., Apollo Video Technology, and Advanced Thermal Hydronics Inc. All these companies have helped build up Boxborough and make it an excellent place for anyone looking for a new home or business opportunity.
Boxborough (zip 01719) has an unemployment rate of 5.2%. The US average is 6.0%.
Boxborough (zip 01719) has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.
Tax Rates for Boxborough (zip 01719)
- The Sales Tax Rate for Boxborough (zip 01719) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Boxborough (zip 01719) 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 Boxborough (zip 01719)
- The average income of a Boxborough (zip 01719) resident is $60,204 a year. The US average is $28,555 a year.
- The Median household income of a Boxborough (zip 01719) resident is $136,875 a year. The US average is $69,021 a year.