New Bedford, MA, with zip code 02744 has an average 2 bedroom rent of $1,190, which is considerably lower than the US average of $1,430. This affordability makes New Bedford a great option for those looking for a place to rent. Furthermore, the Grocery Cost Index is 105 in New Bedford versus 100 in the US, making groceries slightly more expensive here than compared to other cities. \nNew Bedford is also home to some amazing businesses such as Moby Dick Brewing Co., Anawan Clambakes & Catering and Savoy Paints & Wallpaper Co.. There are also plenty of entertainment options like The Zeiterion Performing Arts Center and galleries like The ArtWorks! and New Bedford Art Museum/ArtWorks!.
New Bedford (zip 02744) has an unemployment rate of 10.2%. The US average is 6.0%.
New Bedford (zip 02744) has seen the job market decrease by -9.4% 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 02744)
- The Sales Tax Rate for New Bedford (zip 02744) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for New Bedford (zip 02744) 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 02744)
- The average income of a New Bedford (zip 02744) resident is $24,370 a year. The US average is $37,638 a year.
- The Median household income of a New Bedford (zip 02744) resident is $48,009 a year. The US average is $69,021 a year.