Haverhill, MA (01835) is a city located in the Merrimack Valley region of Massachusetts. It offers an affordable cost of living with a two bedroom rent at $1,740, which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Haverhill is 107 versus 100 in the US, making it slightly more expensive than the national average.
Haverhill is home to many local companies and well known amenities such as Shaw's Supermarket, Walmart Supercenter and Market Basket for groceries and household goods. There are also many restaurants and retail outlets throughout the city that offer great selection as well as plenty of outdoor activities at places like Winnekenni Castle Park or Merrimack River Walkway. The city also has its own historical museum and library where visitors can learn more about Haverhill's rich history.
Haverhill (zip 01835) has an unemployment rate of 7.5%. The US average is 6.0%.
Haverhill (zip 01835) has seen the job market increase by 4.4% over the last year. Future job growth over the next ten years is predicted to be 39.7%, which is higher than the US average of 33.5%.
Tax Rates for Haverhill (zip 01835)
- The Sales Tax Rate for Haverhill (zip 01835) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Haverhill (zip 01835) 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 Haverhill (zip 01835)
- The average income of a Haverhill (zip 01835) resident is $32,922 a year. The US average is $28,555 a year.
- The Median household income of a Haverhill (zip 01835) resident is $92,880 a year. The US average is $69,021 a year.