02155 Medford, MA is an excellent place to live as it boasts reasonable two-bedroom rent of $3,020. Grocery costs in the area are slightly higher than the national average with an index of 112 versus 100 in the US, however local amenities like a variety of restaurants, museums, parks and recreational areas more than makeup for this. The city also offers businesses such as Tufts University bookstore, Rosie's Sub Shop, and Bank of America. 02155 Medford is certainly an ideal location for anyone looking to settle down.
Medford (zip 02155) has an unemployment rate of 5.4%. The US average is 6.0%.
Medford (zip 02155) 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 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Medford (zip 02155)
- The Sales Tax Rate for Medford (zip 02155) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Medford (zip 02155) 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 Medford (zip 02155)
- The average income of a Medford (zip 02155) resident is $35,492 a year. The US average is $28,555 a year.
- The Median household income of a Medford (zip 02155) resident is $107,937 a year. The US average is $69,021 a year.