02556 North Falmouth, MA is a great place to live. The 2 bedroom rent in this area is $2,050 compared to the US average of $1,430. Along with that, the grocery cost index here is 112 which is significantly higher than the US average of 100. It is a great place for businesses as well with companies such as Mastway Marina, Cape Cod Shipbuilding Company and Coastline Construction being located in this area. The cost of living in 02556 North Falmouth area is higher than most areas in the US making it a desirable location to live in for those who can afford it.
North Falmouth (zip 02556) has an unemployment rate of 9.0%. The US average is 6.0%.
North Falmouth (zip 02556) has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for North Falmouth (zip 02556)
- The Sales Tax Rate for North Falmouth (zip 02556) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for North Falmouth (zip 02556) 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 Falmouth (zip 02556)
- The average income of a North Falmouth (zip 02556) resident is $51,684 a year. The US average is $28,555 a year.
- The Median household income of a North Falmouth (zip 02556) resident is $106,167 a year. The US average is $69,021 a year.