02535 Chilmark, MA is a small town located in Martha's Vineyard that offers beautiful views of the ocean. The 2 Bedroom rent in this charming town is $3,890, significantly higher than the US average of $1,430. This makes living in 02535 Chilmark, MA expensive for those looking to relocate here. However, local businesses like Chilmark General Store and Beetlebung Farm are available to help residents with their grocery cost index which is 122 versus the US average of 100. Despite the high rental prices, 02535 Chilmark, MA offers its residents a peaceful community and stunning views of nature.
Chilmark (zip 02535) has an unemployment rate of 10.3%. The US average is 6.0%.
Chilmark (zip 02535) has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Chilmark (zip 02535)
- The Sales Tax Rate for Chilmark (zip 02535) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Chilmark (zip 02535) 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 Chilmark (zip 02535)
- The average income of a Chilmark (zip 02535) resident is $41,451 a year. The US average is $28,555 a year.
- The Median household income of a Chilmark (zip 02535) resident is $104,135 a year. The US average is $69,021 a year.