Zip 01524 (Leicester, MA) Economy


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Leicester, MA is a small town located in Worcester County with an estimated population of about 10,524 according to the most recent census. The average two bedroom rent in Leicester is slightly lower than the U.S. at $1,360 per month. Additionally, grocery cost index for Leicester is 106 versus 100 in the US. There are many local companies located throughout Leicester that offer employment opportunities such as SPS New England, Micro Tech Staffing Group and On Target Staffing Solutions. Visitors and locals alike can enjoy leisurely outdoor activities such as hiking on the trails at Purgatory Chasm State Reservation or fishing around Lake Quinsigamond or Indian Lake.

Leicester (zip 01524) has an unemployment rate of 6.1%. The US average is 6.0%.

Leicester (zip 01524) has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Leicester (zip 01524)
- The Sales Tax Rate for Leicester (zip 01524) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Leicester (zip 01524) 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 Leicester (zip 01524)
- The average income of a Leicester (zip 01524) resident is $27,649 a year. The US average is $28,555 a year.
- The Median household income of a Leicester (zip 01524) resident is $80,702 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeicester, MassachusettsUnited States
  6.16
  -8.4%-6.2%
  37.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $34,729$37,638
  $80,702$69,021
  $94,265$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.0%6.8%
  6.5%10.0%
  3.1%2.5%
  12.4%11.0%
  8.2%4.8%
  1.2%0.8%
  0.7%1.9%
  6.8%4.7%
  1.6%1.9%
  5.0%7.6%
  0.0%0.1%
  8.3%4.2%
  12.2%9.3%
  14.9%14.0%
  2.9%2.1%
  3.6%7.0%
  5.0%4.8%
  3.6%4.7%
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