Zip 02053 (Medway, MA) 

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Economy in Zip 02053 (Medway, MA)

Medway (zip 02053) has an unemployment rate of 2.6%. The US average is 3.7%.

Medway (zip 02053) 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 41.6%, which is higher than the US average of 33.5%.

Tax Rates for Medway (zip 02053)
- The Sales Tax Rate for Medway (zip 02053) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Medway (zip 02053) 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 Medway (zip 02053)
- The average income of a Medway (zip 02053) resident is $45,617 a year. The US average is $28,555 a year.
- The Median household income of a Medway (zip 02053) resident is $109,841 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMedway, MassachusettsUnited States
  2.6%3.7%
  4.3%1.6%
  41.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $50,672$31,177
  $115,432$57,652
  $139,894$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  5.7%6.2%
  12.5%10.4%
  3.6%2.7%
  10.7%11.6%
  2.2%4.1%
  0.9%0.9%
  2.6%2.1%
  6.7%4.7%
  1.2%1.9%
  10.9%6.7%
  0.0%0.1%
  3.3%4.3%
  9.4%9.3%
  18.1%13.8%
  1.9%2.2%
  4.1%7.4%
  2.4%4.9%
  3.8%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Medway (zip 02053)


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