Zip 02343 (Holbrook, MA) Economy


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The town of Holbrook, MA (02343) is a great place to live. With a two bedroom rent of $2,250 it is slightly higher than the national average of $1,430. Grocery cost index in this area is 107 versus 100 in the US, making it an affordable place to shop for groceries. As for local companies, Holbrook is home to many well-known businesses such as Jim's Automotive Services, Mass Collision Repair and Refinishing, and Anderson's Flooring Solutions. Additionally, there are plenty of banks located within the town offering unique services such as Rockland Trust Bank and Citizens Bank. Lastly, several retail stores are conveniently located near Holbrook including Walmart Supercenter and Kohl’s Department Store.

Holbrook (zip 02343) has an unemployment rate of 5.8%. The US average is 6.0%.

Holbrook (zip 02343) 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 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Holbrook (zip 02343)
- The Sales Tax Rate for Holbrook (zip 02343) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Holbrook (zip 02343) 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 Holbrook (zip 02343)
- The average income of a Holbrook (zip 02343) resident is $34,257 a year. The US average is $28,555 a year.
- The Median household income of a Holbrook (zip 02343) resident is $89,580 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolbrook, MassachusettsUnited States
  5.86
  -9.1%-6.2%
  40.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $40,998$37,638
  $89,580$69,021
  $115,168$85,028
  Population by Occupation
  1.0%1.2%
  0.3%0.5%
  8.5%6.8%
  4.2%10.0%
  1.6%2.5%
  9.3%11.0%
  3.6%4.8%
  0.9%0.8%
  1.9%1.9%
  10.2%4.7%
  4.1%1.9%
  8.5%7.6%
  2.0%0.1%
  4.4%4.2%
  5.0%9.3%
  19.5%14.0%
  1.6%2.1%
  6.2%7.0%
  2.4%4.8%
  4.8%4.7%
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