Zip 01864 (North Reading, MA) Economy


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0184 North Reading MA is an ideal location for those looking for close proximity to great local amenities and businesses. Not only does the neighborhood boast a low 2 Bedroom Rent of $2,430, but the local grocery cost index is also quite affordable at 111 compared to the US average of 100. The area has many local companies that are worth considering such as Berkshire Hathaway Home Services, Haverhill Mobile Storage, and Foley Mechanical Company. These local businesses have been established for well over three decades and provide quality services at competitive prices. With its many attractions such as the greater Boston area nearby, 0184 North Reading MA is a great place for finding a family home or business opportunity while enjoying all the benefits of living in Massachusetts.

North Reading (zip 01864) has an unemployment rate of 5.1%. The US average is 6.0%.

North Reading (zip 01864) 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 41.0%, which is higher than the US average of 33.5%.

Tax Rates for North Reading (zip 01864)
- The Sales Tax Rate for North Reading (zip 01864) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for North Reading (zip 01864) 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 North Reading (zip 01864)
- The average income of a North Reading (zip 01864) resident is $47,455 a year. The US average is $28,555 a year.
- The Median household income of a North Reading (zip 01864) resident is $123,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Reading, MassachusettsUnited States
  5.16
  -9.1%-6.2%
  41.0%33.5%
  6.3%6.2%
  5.1%4.6%
  $65,574$37,638
  $123,813$69,021
  $149,596$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.2%6.8%
  8.5%10.0%
  2.6%2.5%
  8.9%11.0%
  1.9%4.8%
  0.4%0.8%
  2.0%1.9%
  5.7%4.7%
  2.2%1.9%
  13.1%7.6%
  0.0%0.1%
  2.7%4.2%
  10.9%9.3%
  12.7%14.0%
  1.3%2.1%
  5.2%7.0%
  4.5%4.8%
  5.1%4.7%
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