Cohasset, MA 02025 is a desirable location for those looking to relocate due to its affordability. According to the data provided, 2 bedroom rent in Cohasset stands at $2,770 which is below the US average of $1,430. Grocery costs, measured by a Cost Index of 116 versus 100 in the US also indicates that Cohasset is more affordable than other locations. Furthermore, Cohasset has a number of local companies like South Shore Power Equipment Company and J & L Tree Services, Inc., which further add to its appeal for prospective residents. All things considered, Cohasset provides an attractive option for those who are looking for an affordable place to live with plenty of local job opportunities available.
Cohasset (zip 02025) has an unemployment rate of 5.8%. The US average is 6.0%.
Cohasset (zip 02025) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Cohasset (zip 02025)
- The Sales Tax Rate for Cohasset (zip 02025) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Cohasset (zip 02025) 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 Cohasset (zip 02025)
- The average income of a Cohasset (zip 02025) resident is $94,437 a year. The US average is $37,638 a year.
- The Median household income of a Cohasset (zip 02025) resident is $156,689 a year. The US average is $69,021 a year.