01863 North Chelmsford, MA is an excellent place to live. The 2 bedroom rent in this area is $1,900 which is higher than the US average of $1,430. This area also has a great Grocery Cost Index which is 107 versus the US average of 100. In addition to having great living costs, 01863 North Chelmsford, MA offers many exciting opportunities for residents. There are plenty of local businesses and organizations such as Amazon Fulfillment Center, Acme Corrugated Box Co., Pare Corporation and more that provide employment opportunities for locals. Also with its close proximity to Boston and Cambridge it’s a great area for people who work or study in those cities. With so much to offer it’s no wonder why people choose this area as their home.
North Chelmsford (zip 01863) has an unemployment rate of 5.4%. The US average is 6.0%.
North Chelmsford (zip 01863) 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 43.4%, which is higher than the US average of 33.5%.
Tax Rates for North Chelmsford (zip 01863)
- The Sales Tax Rate for North Chelmsford (zip 01863) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for North Chelmsford (zip 01863) 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 Chelmsford (zip 01863)
- The average income of a North Chelmsford (zip 01863) resident is $46,739 a year. The US average is $37,638 a year.
- The Median household income of a North Chelmsford (zip 01863) resident is $108,427 a year. The US average is $69,021 a year.