Zip 01745 (Fayville, MA) Economy


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Fayville, MA (01745) is a great place to live with many advantages. The 2 Bedroom Rent in this area is $2,070, which is significantly higher than the US average of $1,430. Additionally, Fayville’s Grocery Cost Index measures 109 versus 100 in the US. This implies that groceries are slightly more expensive than average in Fayville. Some of the local companies in this area include Boston Scientific Corporation, Annunciation Greek Orthodox Church and Natick Mall. With its high rent prices but reasonable cost of living expenses, living in Fayville can be quite affordable!

Fayville (zip 01745) has an unemployment rate of 4.4%. The US average is 6.0%.

Fayville (zip 01745) has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Fayville (zip 01745)
- The Sales Tax Rate for Fayville (zip 01745) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Fayville (zip 01745) 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 Fayville (zip 01745)
- The average income of a Fayville (zip 01745) resident is $42,582 a year. The US average is $28,555 a year.
- The Median household income of a Fayville (zip 01745) resident is $148,207 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFayville, MassachusettsUnited States
  4.46
  -8.9%-6.2%
  36.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $90,996$37,638
  $148,207$69,021
  $166,806$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.6%6.8%
  8.6%10.0%
  5.0%2.5%
  0.0%11.0%
  4.2%4.8%
  0.0%0.8%
  0.0%1.9%
  10.7%4.7%
  0.0%1.9%
  13.9%7.6%
  0.0%0.1%
  0.0%4.2%
  6.8%9.3%
  21.4%14.0%
  8.9%2.1%
  0.0%7.0%
  11.0%4.8%
  3.9%4.7%
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