Zip 02338 (Halifax, MA) Economy


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Halifax, MA is a charming town located in Plymouth County. It has a population of approximately 7,400 people and is a great place to call home. The average two bedroom rent for Halifax is $2,100 which is significantly higher than the US average of $1,430. Grocery costs in Halifax are also higher as it has a cost index of 108 compared to 100 for the US.
Halifax offers plenty of local businesses and amenities that make the town an attractive place to live. Local restaurants include The Black Duck Cafe, Kearsarge Restaurant & Pub, and Blue Plate East Diner. Shoppers can find what they need at Stop & Shop Supermarket and CVS Pharmacy. Residents can enjoy nature at local parks such as Whiting Street Park or Silver Lake Park. There are also great annual events like the Halifax Country Fair and Fireworks show that bring the community together each year.

Halifax (zip 02338) has an unemployment rate of 7.1%. The US average is 6.0%.

Halifax (zip 02338) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.

Tax Rates for Halifax (zip 02338)
- The Sales Tax Rate for Halifax (zip 02338) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Halifax (zip 02338) 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 Halifax (zip 02338)
- The average income of a Halifax (zip 02338) resident is $42,742 a year. The US average is $37,638 a year.
- The Median household income of a Halifax (zip 02338) resident is $98,264 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHalifax, MassachusettsUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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