Burlington, Massachusetts (01803) is a small city in Middlesex County offering a high quality of living. The average two-bedroom rent in Burlington is $3,040, which is significantly more than the US national average of $1,430. Similarly, the Grocery Cost Index in Burlington is 112, compared to 100 nationally. As such, Burlington offers an expensive yet high-quality lifestyle for those willing to pay the price.
For prospective residents looking to move to Burlington for work or study opportunities there are many local companies and institutions available. Notable employers include BAE Systems Electronic Solutions at the Mall at Lexington Green and Foxhill Capital Partners LLC located on South Avenue. Boston College Law School and LexMark Research Institute are also located within Burlington city limits.
Burlington (zip 01803) has an unemployment rate of 5.2%. The US average is 6.0%.
Burlington (zip 01803) has seen the job market decrease by -8.9% 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 Burlington (zip 01803)
- The Sales Tax Rate for Burlington (zip 01803) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Burlington (zip 01803) 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 Burlington (zip 01803)
- The average income of a Burlington (zip 01803) resident is $60,260 a year. The US average is $37,638 a year.
- The Median household income of a Burlington (zip 01803) resident is $124,755 a year. The US average is $69,021 a year.