Lee, MA is a small town located in 01238 with an estimated population of 5,000. It has a low median 2 bedroom rent of $1,580 compared to the US median rent of $1,430. Lee is also known for its affordability when it comes to groceries as the Grocery Cost Index is only 105 versus 100 in the US on average.
Lee is home to several notable local companies including Western Massachusetts Electric Company, Hancock Shaker Village, and Berkshire Health Systems. The unemployment rate for Lee is currently 4%, which is lower than the national average rate of 6%. In addition, Lee has a high job growth rate of 3% according to recent statistics from 2019-2020. Overall, Lee is a great place to live with affordable housing and good career prospects.
Lee (zip 01238) has an unemployment rate of 8.0%. The US average is 6.0%.
Lee (zip 01238) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Lee (zip 01238)
- The Sales Tax Rate for Lee (zip 01238) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lee (zip 01238) 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 Lee (zip 01238)
- The average income of a Lee (zip 01238) resident is $34,597 a year. The US average is $28,555 a year.
- The Median household income of a Lee (zip 01238) resident is $69,840 a year. The US average is $69,021 a year.