In01843 Lawrence, MA the average 2 bedroom rent is $1,680 which is slightly higher than the US average of $1430. The grocery cost index in Lawrence is 106 versus 100 in the US. Recently, some local companies in Lawrence have been offering discounted rent rates to attract new tenants. For example, The Vega Apartments are offering 10% discounts on select apartments and Kings Crossing is offering up to 6 months free rent on select units. Both companies also offer a variety of amenities and both are conveniently located near public transportation and shopping centers.
Lawrence (zip 01843) has an unemployment rate of 14.5%. The US average is 6.0%.
Lawrence (zip 01843) has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Lawrence (zip 01843)
- The Sales Tax Rate for Lawrence (zip 01843) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lawrence (zip 01843) 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 Lawrence (zip 01843)
- The average income of a Lawrence (zip 01843) resident is $20,744 a year. The US average is $28,555 a year.
- The Median household income of a Lawrence (zip 01843) resident is $61,362 a year. The US average is $69,021 a year.