Zip 02642 (Eastham, MA) Economy


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Eastham, Massachusetts (02642) is a small town located in Barnstable County on the outermost tip of Cape Cod. Eastham boasts beautiful scenery such as sandy beaches and large forests for outdoor enthusiasts to explore. Eastham has a relatively low cost of living compared to the US at large with the median 2 Bedroom Rent being $1,960 compared to $1,430 nationally. The Grocery Cost Index for Eastham is 110 versus 100 in the US. Local businesses have flourished in Eastham providing the community with goods and services. Some of these businesses include Island Oil Company, an oil delivery company serving the lower Cape; Pleasant Bay Animal Hospital; and Northside Pizza & Subs who have been serving up delicious food since 1989.

Eastham (zip 02642) has an unemployment rate of 9.0%. The US average is 6.0%.

Eastham (zip 02642) has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.

Tax Rates for Eastham (zip 02642)
- The Sales Tax Rate for Eastham (zip 02642) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Eastham (zip 02642) 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 Eastham (zip 02642)
- The average income of a Eastham (zip 02642) resident is $36,770 a year. The US average is $28,555 a year.
- The Median household income of a Eastham (zip 02642) resident is $76,859 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEastham, MassachusettsUnited States
  96
  -11.3%-6.2%
  35.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $46,536$37,638
  $76,859$69,021
  $97,765$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  9.3%6.8%
  0.9%10.0%
  0.0%2.5%
  13.4%11.0%
  0.5%4.8%
  0.4%0.8%
  2.3%1.9%
  6.2%4.7%
  2.8%1.9%
  8.8%7.6%
  0.0%0.1%
  3.7%4.2%
  10.1%9.3%
  12.1%14.0%
  4.0%2.1%
  10.2%7.0%
  6.1%4.8%
  4.9%4.7%
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