Dedham, Massachusetts is a small city in the Greater Boston area. With a population of 24,324 as of 2018, it is a densely populated city known for its access to amenities and proximity to Downtown Boston. The average rent for a two bedroom apartment in Dedham is $2,790, which is significantly more than the US average of $1,430. Living in Dedham also comes with higher grocery costs; the Grocery Cost Index in Dedham is 110 compared to 100 in the US.
Dedham offers a variety of local businesses and restaurants that make it an ideal location for young professionals and families alike. Companies such as Starbucks Coffee Company and Bank of America have set up shop in the town's shopping districts, while cafes like Frolick Coffee House provide cozy spots to unwind after work. Dedham has plenty of attractions too; popular destinations include Endicott Estate, Legacy Place, and Adams National Historical Park. Lastly, Dedham boasts excellent public schools that consistently rank among the best in the state.
Dedham (zip 02026) has an unemployment rate of 5.8%. The US average is 6.0%.
Dedham (zip 02026) 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 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Dedham (zip 02026)
- The Sales Tax Rate for Dedham (zip 02026) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Dedham (zip 02026) 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 Dedham (zip 02026)
- The average income of a Dedham (zip 02026) resident is $44,241 a year. The US average is $28,555 a year.
- The Median household income of a Dedham (zip 02026) resident is $108,047 a year. The US average is $69,021 a year.