Zip 02052 (Medfield, MA) Economy


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Medfield, MA is a small town located in 02052 with a population of 12,024 people. It has a quiet suburban feel and is a great place to raise a family. The two bedroom rent in the area is $2,150 whereas the US 2 bedroom rent is $1,430. Additionally, the grocery cost index for Medfield is 113 versus 100 in the US which shows that the cost of living here would be slightly higher than other places. Local companies include Hicks Brothers Construction Inc., Medfield Animal Hospital, MPA Financial Services Inc., etc. There are also plenty of restaurants and shopping centers in town such as Cafe Rialto, Starbucks, Stop & Shop Supermarket among others. All in all, Medfield offers an excellent quality of life with its affordable rent prices and thriving businesses.

Medfield (zip 02052) has an unemployment rate of 5.8%. The US average is 6.0%.

Medfield (zip 02052) 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 Medfield (zip 02052)
- The Sales Tax Rate for Medfield (zip 02052) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Medfield (zip 02052) 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 Medfield (zip 02052)
- The average income of a Medfield (zip 02052) resident is $65,243 a year. The US average is $28,555 a year.
- The Median household income of a Medfield (zip 02052) resident is $196,820 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMedfield, MassachusettsUnited States
  5.86
  -9.1%-6.2%
  40.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $88,348$37,638
  $196,820$69,021
  $229,076$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  4.1%6.8%
  6.8%10.0%
  4.0%2.5%
  8.9%11.0%
  0.6%4.8%
  0.6%0.8%
  2.7%1.9%
  12.1%4.7%
  1.6%1.9%
  18.8%7.6%
  0.1%0.1%
  4.1%4.2%
  11.9%9.3%
  9.0%14.0%
  2.1%2.1%
  2.8%7.0%
  5.5%4.8%
  3.9%4.7%
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