Zip 01824 (Chelmsford, MA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
\nThe city of Chelmsford, MA (01824) offers a vibrant atmosphere with plenty of activities to keep one busy. The two-bedroom rent in the area is $2,490, slightly higher than the US average of $1,430. But it’s worth it due to the many amenities this place has to offer. Local companies such as Enterprise Bank and Market Basket are located close by for shopping needs. For entertainment, there is the Chelmsford Skate Park and Stone Zoo for those who want to get outdoors and explore nature. There are also plenty of restaurants serving all kinds of cuisines that will satisfy any craving you may have. The grocery cost index here is 109 compared to 100 in the US which guarantees that you will always get a good deal on groceries for your family. All in all, Chelmsford (01824) is an excellent place to live with plenty of activities and affordable costs.

Chelmsford (zip 01824) has an unemployment rate of 5.4%. The US average is 6.0%.

Chelmsford (zip 01824) 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 43.4%, which is higher than the US average of 33.5%.

Tax Rates for Chelmsford (zip 01824)
- The Sales Tax Rate for Chelmsford (zip 01824) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Chelmsford (zip 01824) 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 Chelmsford (zip 01824)
- The average income of a Chelmsford (zip 01824) resident is $45,974 a year. The US average is $28,555 a year.
- The Median household income of a Chelmsford (zip 01824) resident is $130,215 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChelmsford, MassachusettsUnited States
  5.46
  -8.5%-6.2%
  43.4%33.5%
  6.3%6.2%
  5.1%4.6%
  $55,871$37,638
  $130,215$69,021
  $153,817$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.8%6.8%
  15.7%10.0%
  3.3%2.5%
  8.4%11.0%
  2.3%4.8%
  0.4%0.8%
  4.1%1.9%
  5.3%4.7%
  1.7%1.9%
  16.9%7.6%
  0.4%0.1%
  3.9%4.2%
  11.4%9.3%
  12.7%14.0%
  0.5%2.1%
  2.0%7.0%
  2.7%4.8%
  3.5%4.7%
Health