01826 Dracut, MA is an area known for its friendly community and diverse culture. The average two bedroom rent in the area is $1,900 which is significantly higher than the US average of $1,430. This higher cost of living reflects in other areas such as groceries where the grocery cost index is 107 compared to 100 in the US. The area has a thriving local economy with many businesses such as Monahan's Market, K-Nails & Spa Salon and Dracut Mower Center making their mark. Overall, 01826 Dracut, MA offers a vibrant atmosphere to call home with an appreciated sense of community that comes with an increased cost of living.
Dracut (zip 01826) has an unemployment rate of 6.4%. The US average is 6.0%.
Dracut (zip 01826) 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 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Dracut (zip 01826)
- The Sales Tax Rate for Dracut (zip 01826) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Dracut (zip 01826) 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 Dracut (zip 01826)
- The average income of a Dracut (zip 01826) resident is $33,539 a year. The US average is $28,555 a year.
- The Median household income of a Dracut (zip 01826) resident is $94,882 a year. The US average is $69,021 a year.