Zip 01611 (Cherry Valley, MA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Massachusetts / Worcester Metro Area / Worcester County / No City / Cherry Valley (zip 01611)
Cherry Valley, MA (01611) is a great place to live! With a 2 bedroom rent of $1,480, it is only slightly more expensive than the average US rent, making it an affordable option. The area is also relatively safe and has many amenities, such as excellent schools, shopping centers, parks, restaurants and more. Popular local companies include Cherry Valley Animal Hospital, T&R Automotive Repair Center and Cumberland Farms. In addition to these businesses, Cherry Valley is surrounded by plenty of recreational activities like hiking trails at Purgatory Chasm State Reservation and golf courses at Pleasant Valley Country Club. All in all, 01611 Cherry Valley is a fantastic place to call home!

Cherry Valley (zip 01611) has an unemployment rate of 6.1%. The US average is 6.0%.

Cherry Valley (zip 01611) has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Cherry Valley (zip 01611)
- The Sales Tax Rate for Cherry Valley (zip 01611) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Cherry Valley (zip 01611) 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 Cherry Valley (zip 01611)
- The average income of a Cherry Valley (zip 01611) resident is $32,154 a year. The US average is $28,555 a year.
- The Median household income of a Cherry Valley (zip 01611) resident is $103,405 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCherry Valley, MassachusettsUnited States
  6.16
  -8.4%-6.2%
  37.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $39,805$37,638
  $103,405$69,021
  $111,806$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.1%6.8%
  9.8%10.0%
  3.5%2.5%
  7.2%11.0%
  5.7%4.8%
  1.5%0.8%
  0.2%1.9%
  3.0%4.7%
  1.9%1.9%
  8.0%7.6%
  0.0%0.1%
  2.3%4.2%
  15.6%9.3%
  9.1%14.0%
  3.3%2.1%
  13.3%7.0%
  4.6%4.8%
  4.9%4.7%
Health