New Bedford, MA (02740) is a bustling city located in Bristol County. The average two bedroom rent for this city is $1,240 which is slightly lower than the national average of $1,430. Grocery costs index in New Bedford is 105 versus 100 in the US. This means that groceries cost 5 percent more in New Bedford compared to the national average.
New Bedford boasts a variety of companies and attractions for its citizens and visitors alike. Notable companies located in the city include Aerovox Corporation, Acushnet Company, Titleist Footwear & Apparel Group, Textron Inc., and several other well-known corporations. There are also several notable attractions that visitors can experience including Fort Taber Park, Buttonwood Park Zoo, New Bedford Whaling National Historical Park Museum, Seamen's Bethel Historic Site and Maritime Museum.
New Bedford (zip 02740) has an unemployment rate of 10.2%. The US average is 6.0%.
New Bedford (zip 02740) has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for New Bedford (zip 02740)
- The Sales Tax Rate for New Bedford (zip 02740) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for New Bedford (zip 02740) 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 New Bedford (zip 02740)
- The average income of a New Bedford (zip 02740) resident is $21,175 a year. The US average is $28,555 a year.
- The Median household income of a New Bedford (zip 02740) resident is $47,206 a year. The US average is $69,021 a year.