01901 Lynn, MA is a vibrant town located in the Greater Boston area. The two bedroom rent for this area is $2,230. This is higher than the US average of $1,430. Grocery Cost Index in 01901 is also much higher at 107 as compared to the US average of 100.
Lynn offers much more than housing and grocery options. It is home to many iconic businesses such as General Electric, Glynn Electric Supply Co., and Rubenstein Supply Co., all of which have been in business for over a century. Additionally, the city boasts numerous restaurants and shops like D'Amelio's Italian Specialties and Lynn Museum/LynnArts that give residents a chance to explore local culture.
Lynn (zip 01901) has an unemployment rate of 9.3%. The US average is 6.0%.
Lynn (zip 01901) 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 38.2%, which is higher than the US average of 33.5%.
Tax Rates for Lynn (zip 01901)
- The Sales Tax Rate for Lynn (zip 01901) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lynn (zip 01901) 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 Lynn (zip 01901)
- The average income of a Lynn (zip 01901) resident is $20,503 a year. The US average is $28,555 a year.
- The Median household income of a Lynn (zip 01901) resident is $24,207 a year. The US average is $69,021 a year.